Energy NEWS July – 2 2022

Edition July – 2 2022 with 104 pages and 101 energy news articles

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Table of content, edition July – 2 2022

TRADING OVERVIEW

ENERGY NEWS

Region
18.07. – EU signed an agreement to double gas imports from Azerbaijan
19.07. – EnC opens dispute settlements procedures against North Macedonia and Kosovo
20.07. – EU urges member states to reduce gas consumption by 15 %
21.07. – Nord Stream pipeline resumes operation
22.07. – EU’s plan to reduce gas consumption by 15 % faces opposition
25.07. – ICGB obtained Greek natural gas transmission license
26.07. – EU reached agreement on reducing its gas consumption
26.07. – TAP to increase gas deliveries by 50 % in 2022
29.07. – 4th Wave go-live SIDC pre-launch event
29.07. – Albania and North Macedonia to jointly face energy challenges

Bosnia and Herzegovina
21.07. – Concessions for two wind farms awarded
21.07. – Coal exports rose by 60 % year-on-year
22.07. – ERS to establish subsidiary for Donja Trusina wind project
22.07. – Federal Government approved energy permit for Ivan Sedlo wind farm
22.07. – Brod refinery plans to build gas-fired power plant
26.07. – Gross electricity generation reached 1,269 GWh in May
27.07. – EP HZHB lacks electricity, seeking help from EPBiH
27.07. – EPBiH launched tender for the construction of 15 MW solar power plant
28.07. – 556 GWh of electricity produced in FBiH in June

Bulgaria
18.07. – Electricity generation increased by 16.6 % in 2022
19.07. – Overgas plans to purchase LNG from future terminal in Albania
20.07. – Chiren underground gas storage 42 % full
20.07. – TPP Brikel’s SO2 emissions 15 times above safety limit
22.07. – TPP Republika continues to release harmful emissions
25.07. – Azerbaijan to supply up to one billion cubic meters of additional gas per year
27.07. – Bulgaria will be able to request derogation from reduced gas consumption
27.07. – Bulgargaz proposes 54 % wholesale gas price increase for August
28.07. – TPP Brikel to be shut down
28.07. – Energy Ministry to propose agreement for seven LNG cargoes
29.07. – Electricity generation reached 3,624 GWh in May
29.07. – Bulgargaz sought excuse to get rid of Russian gas
29.07. – Bulgaria looking for alternative fuel for NPP Kozloduy
29.07. – Employers’ Association demands urgent decisions regarding energy compensations

Croatia
19.07. – Acciona Energia to build two wind farms in Croatia
19.07. – Moody’s upgraded HEP’s rating to Baa2 with stable outlook
20.07. – CROPEX announced April/May/June guarantees of origin auctions
21.07. – Okoli underground gas storage 45 % full
22.07. – 914 GWh of electricity produced in May
22.07. – HEP obtained state guarantees for gas purchases
25.07. – Results of April/May/June guarantees of origin auctions
25.07. – S&P upgrades HEP’s rating to BBB with stable outlook
25.07. – HOPS to introduce 15-minute deviation calculation period in 2025
29.07. – JANAF recorded 15 % higher profit in H1 2022
29.07. – INA’s net profit tripled in H1 2022
29.07. – Croatia’s gas pact with Slovenia and three other EU member states

Greece
18.07. – Government committed to green transition
19.07. – PPC Renewables and Siemens Gamesa signed two wind turbines supply contracts
20.07. – RAE issued production license for 200 MW solar project
21.07. – ExxonMobil acquired majority stake in two Cretan offshore blocks
25.07. – Electricity subsidies in august to exceed 1.1 billion euros
26.07. – 370 million euros in extra profits collected in the first 16 days
28.07. – Electricity exports soared by 800 % in June
29.07. – Decarbonization plan delayed by two years

Hungary
18.07. – Solar accounted for 37 % of Hungary’s electricity consumption on 13 July
19.07. – Hungary plans to redirect all gas supply to TurkStream
21.07. – Alteo to double its solar portfolio
22.07. – Hungary agreed additional volumes of Russian gas
29.07. – Operation of NPP Paks unaffected by increasing water temperatures
30.07. – Government enacts new measures to tackle energy crisis

Kosovo
29.07. – Kosovo to receive 202 million dollars in grants for energy projects

Macedonia
22.07. – North Macedonia to declare state of emergency in energy sector in August
25.07. – 383 GWh of electricity produced in May

Montenegro
19.07. – EBRD to support the establishment of RES auctions
21.07. – Annual overhaul of HPP Perucica starts on 23 July
26.07. – 3 million euros worth of electricity imported daily during TPP Pljevlja outage

Romania
18.07. – Nofar Energy expands its Romanian portfolio by 255 MW
18.07. – One billion euros in subsidies for energy efficiency and green energy production
19.07. – Energy subsidies to amount to 3 % of Romania’s GDP
20.07. – Gas imports decreased by 14 % in the first five months of 2022
20.07. – Natural gas distribution network expanded by 4.3 % in 2021
21.07. – Nuclearelectrica signed first contract with Candu Energy on NPP Cernavoda unit 1 refurbishment
22.07. – ArcelorMittal temporarily reduced activities
22.07. – Coal imports rose by 55 % in the first five months of 2022
22.07. – PATRES calls for quicker approvals for RES projects
25.07. – Crude oil imports rose by 7.2 % in the first five months of 2022
25.07. – Hidroelectrica’s electricity generation fell by 30 % year-on-year
27.07. – Romgaz’ hydrocarbon output dropped by 0.25 % in H1 2022
27.07. – ANRE halved estimated cost of energy subsidies
27.07. – OMV Petrom quadrupled its profit in H1 2022
28.07. – Photon Energy to build three new solar power plants in Romania
29.07. – Austrian company to build 7 MW energy storage facility in Romania
29.07. – OMV Petrom to make Neptun Deep investment decision by mid-2023

Serbia
24.07. – Electricity prices should be increased by up to least 10 %
28.07. – Electricity prices to increase by 6.5 % as of 1 September
29.07. – Serbia presented its National Energy and Climate Plan
29.07. – EPS to become joint stock company in 2023
29.07. – NIS recorded net profit of 375 million euros in H1 2022

Slovenia
18.07. – HSE recorded 7.1 million euros profit in 2021
22.07. – Government capped natural gas prices as of 1 September
22.07. – NPP Krsko operates at full capacity despite low water level
22.07. – S&P puts Petrol’s rating on negative watch
25.07. – Electricity generation dropped by 13 % in June

Turkey
20.07. – Turkey is crucial for EU’s gas deal with Azerbaijan
21.07. – Turkey launches construction of unit 4 of NPP Akkuyu
22.07. – Pipeline maintenance to disrupt gas flows in August
26.07. – Turkey to face winter season with full gas storages
28.07. – Natural gas imports rose by 3.7 % in May
28.07. – Electricity generation rose by 0.3 % in May
29.07. – Crude oil imports rose by 14.7 % in May
29.07. – LPG imports rose by 8.1 % in May
29.07. – Russia transferred 15 billion dollars for NPP Akkuyu project

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