Dan Drăgan: No one will be left behind in the energy transition
The goal of the decarbonization initiatives and investments is to ensure that “no one is left behind” and that the…
Sebastian Staicu (BCR): Decarbonisation of the industry is impossible without subsidies
Reducing the carbon footprint of the industrial sector is impossible without subsidies from the European Commission, but banks can contribute…
Virgil Popescu: Romania’s objective is independence, not just energy security
“Yes, Romania has a very clear objective of energy independence”, said the Romanian Energy Minister Virgil Popescu in a speech…
Exiting natural gas it’s only feasible by 2050
Exiting natural gas is only feasible by 2050 but accelerating natural gas phase-out is the most efficient way to reduce…
Bulgarian companies ask the government to stimulate long-term power purchase contracts
Bulgaria had a very dynamic energy market last year, with exports reaching up to 40% of the country’s power generation,…
A. Gospodinov: There is offshore wind potential in the Black Sea today
Romania and Bulgaria have similar offshore wind conditions as Japan and South Korea and the technology designed for those markets…
Closing coal plants will increase energy price volatility
Shutting down the coal-fired power plants in the coming years and increasing commodity prices will lead to a large growth…
Regional integration of the energy infrastructures will provide security and sustainability
Every European country should begin working on new infrastructures to use hydrogen and to integrate the national grids into a…
Romania and Bulgaria should strengthen cooperation in the energy field
Romania and Bulgaria are very good partners and should continue their cooperation, especially in the energy field and will have…
Premier Energy to modernize electricity grid around Chișinău
The European Bank for Reconstruction and Development (EBRD) is lending 30 million dollars to ICS Premier Energy Distribution S.A., Moldova’s…
Bulgaria’s TSO talks about a 400 kV Trans-Balkan Adriatic Corridor to share green energy
The Executive Director of Bulgaria’s Electricity System Operator ESO, Angelin Tsachev, talked about creating a Trans-Balkan Adriatic Corridor to share…
Strict criteria for European Green Bond
Lawmakers in the European Parliament and the European Council reached to an agreement on the creation of standards for proposed…
The price of carbon certificates will continue to influence the price of electricity in 2023
The prices of carbon certificates are kept high by the intervention of financial funds in this market. At the same…
Jozsef Balogh: 1,660 days that shook the world
“In the struggle, my sympathies were not neutral. But in telling the story of those great days I have tried…
Energy efficiency measures for Polish local authorities
Experts from the Polish Energa Group companies presented measures that can help reduce electricity consumption for local governments across Poland,…
Bulgaria to double its gas storage volume
The project will be financially supported by the European Commission and by 2025, the country hopes to have a new…
GSP Offshore to produce the floating platform for a Black Sea wind energy pilot project
The BLOW (Black Sea Floating Offshore Wind) project was recently launched in Brussels, involves 15 partners from 9 countries and…
J. Balogh: A warning on global warming: some notes about the European carbon market
To start our discussion, please take a look at this historic curve: Whatever commodity this would be, something strange is…
Robbing Hood or Robin Hood? A note on the economic analysis of energy-industry special taxes in Hungary
“Today forgetting has perhaps grown more puzzling, than remembering (…)” – so Sigmund Freud starts chapter 7 of his Psychopathology…
József Balogh: From UE price cap to Russian fur hat (usanka)
The idea of price fixing is having a real renaissance in Central Europe. If any of the retired employees of…
Any dream will do – Jozsef Balogh on the Azerbaijan, Georgia, Romania, Hungary Dream-cable
Motto “A dream you dream alone is only a dream. A dream you dream together is reality.” John Lennon …
Jozsef Balogh presents the short history of Hungarian “rezsicsökkentés” (Energynomics Magazine)
If you wish to have a heated discussion with an average Hungarian, you do not have to talk about soccer…
Hungarian government scraps price cap on fuels as shortage worsens
Hungary’s government scrapped a price cap on fuels on Tuesday after a lack of imports and panic buying led to…