Turkish Parliament approved Electricity Market Law – Turkey, 6 June 2016

Turkish Parliament has passed the new Electricity Market Law, which aims to lower electricity bills for customers and support local production in order to reduce the country’s dependence on energy imports. According to the new law, Turkish Energy Market Regulatory Authority (EPDK) will request the revision of unapproved tariff offers. The regulated electricity tariffs which […]

SOCAR Petroleum recorded profit in 2015 – Romania, 6 June 2016

Five years after entering the Romanian market and opening its first petrol station, a subsidiary of State Oil Company of Azerbaijan – SOCAR Petroleum has posted profit for the first time. According to the data from the company, SOCAR Petroleum recorded a turnover of 136.73 million euros in 2015, which is 17 % lower than […]

1,599 green certificates traded so far in 2016 – Romania, 6 June 2016

According to the data from OPCOM, in the first five months of 2016 a total of 1,599 green certificates were traded on the Centralized Green Certificates Market (PCCV), which is about 22.5 times less than during the same period in 2015, when 35,587 units were traded. At the end of May, 875 participants were present […]