Renewable energy

Bucharest hosting the high-level renewables investment event Energy Week Black Sea

On 6-8th February, the international renewables investment conference Energy Week Black Sea will take place in Bucharest, Romania.

The burgeoning allure of the Romanian market to renewable energy investors is steadily ascending, serving as an eminent focal nexus for the entire region in its collective journey towards the transformative embrace of sustainable energy.

PM Denkov: Bulgaria's Electricity Imports Driven by Cost, Not Capacity Shortage

Prime Minister Nikolai Denkov addressed questions in Parliament, clarifying that Bulgaria imports electricity on certain days or hours due to cost considerations, not due to a lack of generating capacity. Denkov responded to inquiries about Bulgaria's early January electricity imports from Turkey and North Macedonia posed by Dragomir Stoynev MP (BSP for Bulgaria).

Romania Grapples with Soaring Electricity Prices, Lagging Renewable Goals

Romania is facing a staggering reality as its electricity prices surge relative to purchasing power, revealed in a recent report by the Romanian Court of Accounts, disclosed by Digi24. In the EU, Romania witnessed the most substantial electricity price hike, soaring by a staggering 112.35% in the latter half of 2022.

Economic program to help green transition: Şimşek

The government's medium-term program attaches great importance to structural transformation as well as ensuring macro financial stability, Finance Minister Mehmet Şimşek said, adding establishing financial discipline will make it easier for Türkiye to achieve its goals in green and digital transformation.

Bulgaria's Just Transition: EU Injects EUR 1.2 Billion to Transform Coal Regions into Green Hubs

Bulgaria embarks on a green revolution with the European Commission's endorsement of the country's Territorial Just Transition Plans (TJTPs), marking a monumental stride toward sustainable development. The European Union's Just Transition Fund (JTF) is set to infuse Bulgaria with EUR 1.2 billion, earmarked to empower regions grappling with coal phase-outs and CO2 emission cuts.

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