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energy

Romania to get approval for EU-funded green energy CfD support scheme in Jan says official

Romania expects the European Commission to approve its pending contract-for-difference (CfD) support scheme for renewable energy projects by January, the energy ministry's deputy secretary...

European power prices fall to two-year low as crisis eases

Benchmark electricity prices in Europe have fallen to levels last seen two years ago in a positive sign for the continent’s economy as its...

Scholz promises €4 billion for EU-Africa climate initiatives

German Chancellor Olaf Scholz pledged €4 billion for the Africa-EU Green Energy Initiative through 2030 and said Europe’s biggest economy will import “a large...

Romania sent EU Commission first draft of integrated national energy, climate plan

Romania submitted the first draft of its Integrated National Plan for Energy and Climate to the EU Commission last week, ensuring it addressed a...

Germany, UK see no return to former energy ties with Russia

Even if Russia ended its war in Ukraine and there was regime change in Moscow, the trading relationship between Europe and its former top...

US to provide up to $522 mln for Ukraine’s energy system

Ukraine and the United States have signed a memorandum of understanding (MoU) under which Kyiv will receive up to $522 for strengthening the resilience...

Republic of Moldova will uphold deal with Gazprom to prevent crises, minister says

The Republic of Moldova will uphold its gas supply contract with Russia's Gazprom in order to ward off crises over power prices in the...

EU’s Simson calls for phase-out of imports of Russian LNG

The European Union must reduce Russian liquefied natural gas (LNG) exports and aim to phase them out completely, EU Energy Commissioner Kadri Simson said...

Bulgaria offers Slovenia new nuclear power plant project

Bulgaria offered Slovenia to join the project for the new reactors at the Kozloduy Nuclear Power Plant as an energy buyer or as an...

Global coal use set to stay at record levels this year, IEA says

The world’s coal demand is expected to remain at all-time highs this year as increased industrial use offsets a fall in power generation, according...