Latest news
EU utilities to be negatively affected by low energy prices until 2020
Low wholesale power prices will make Europe's utilities suffer, corroding their revenues until the end of the decade since increasing renewable production and low demand integrate, according to the rating agency Moody on Wednesday.
read more... 03/07/2014
Bulgaria increases electricity prices, reduces natural gas
Bulgaria raised electricity prices by an average of 2 percent on Tuesday having as objective to control politically sensitive costs in spite of massive deficits in the Balkan country's energy sector.
read more... 02/07/2014
Greece pledges tax reduction to attract oil and gas majors
Greece intends to reduce tax rates for oil and gas firms since it desires to attract them to aid develop its unexploited offshore hydrocarbon resources, as stated by its energy minister on Tuesday.
read more... 02/07/2014
Romania: cogeneration tax to be cut by approximately half as of July
Romania's energy regulator ANRE will reduce the tax for cogeneration, or combined heat and power, by approximately half, attaining 0.00996 lei per kilowatt from July, according to a statement on Monday.
read more... 01/07/2014
Croatia wants to ratify law to stop energy firms’ sale to non-EU purchasers
CCroatia intends to implement a law authorizing the government to impede the sale of a stake in its energy firms to purchasers outside the European Union, as stated on Friday by the Prime Minister Zoran Milanovic.
read more... 30/06/2014