Energy NEWS August-2 2022

Edition August-2 2022 with 108 pages and 109 energy news articles

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Table of content, edition August-2 2022

TRADING OVERVIEW

ENERGY NEWS

Region
19.08. – Increase of NTC values on Montenegro – Kosovo border direction between 22 and 28 August
19.08. – EC urges accelerating IGB pipeline’s launch
23.08. – Romania-Hungary cross-border gas capacity to increase by 50 %
23.08. – Harmonized maximum clearing price for SDAC set to +5,000 euros/MWh from 20 September
25.08. – EastMed consortium to apply for PCI status
29.08. – Maintenance of Greece-Italy electricity interconnection extended until 3 September
01.09. – Increase of NTC values on BA-HR border for 3 September
01.09. – Croatia is the largest electricity exporter among former Yugoslavia states

Albania
01.09. – Albania produced 1,647 GWh of electricity in Q2 2022

Bosnia and Herzegovina
18.08. – Czech company interested in the construction of 350 MW unit at TPP Gacko
22.08. – EPBiH published a call for the purchase of electricity produced by renewable sources
23.08. – Recapitalization of HE Dabar approved
24.08. – ERS to focus on wind, solar and hydro energy
29.08. – Gross electricity generation reached 1,149 GWh in June
30.08. – 652 GWh of electricity produced in FBiH in July
31.08. – ERS is seeking to secure 5.1 million euros loan

Bulgaria
17.08. – Electricity generation increased by 16 % in 2022
17.08. – Caretaker Government approved 358 million euros in energy subsidies for companies
17.08. – Caretaker Government replaces Bulgargaz management
18.08. – Bulgaria failed to secure a delay in LNG deal with Cheniere
18.08. – IGB pipeline connected to Bulgaria’s gas transmission network
22.08. – Natural gas supply secured only for September
24.08. – CEO of NPP Kozloduy dismissed
24.08. – Working group to prepare plan for Toplifikatsiya Sofia’s financial recovery
25.08. – Bulgaria risks paying huge compensation in case of arbitration with Gazprom
26.08. – Government to cooperate with Lukoil in order to lower fuel prices
28.08. – Caretaker Energy Ministry claims that Revythoussa LNG slot is reserved by private companies
29.08. – Bulgaria will most likely go to arbitration with Gazprom
29.08. – Electricity generation reached 4,031 GWh in June
30.08. – September wholesale gas price to be higher than initially expected
31.08. – TPP Maritsa East 3 back online after maintenance
31.08. – Bulgaria to double reserved capacity at future Alexandroupoli LNG terminal
01.09. – Bulgargaz proposes 18.7 % wholesale gas price increase for September
01.09. – Bulgargaz negotiating with the Energy Ministry on new loan

Croatia
18.08. – Government approved the expansion of Krk LNG terminal
19.08. – Government to introduce zero VAT on solar panels
23.08. – Only a third of solar investment will be affected by reduced VAT
25.08. – 1,003 GWh of electricity produced in June
25.08. – JANAF signed long-term storage deal with Delta-Oil
25.08. – HOPS applied 11 projects for RRF financing
27.08. – INA executive arrested under suspicion of illegal gas trading
29.08. – Extraordinary audit of INA’s gas business requested

Greece
18.08. – Cero selected contractors for its 100 MW solar project
19.08. – Greece to store its strategic gas reserve locally
22.08. – Mytilineos to acquire Watt&Volt
23.08. – September energy subsidies to reach 1.9 billion euros
26.08. – ELPE’s profit increased in H1 2022
26.08. – ExxonMobil seeks 2-year extension for Crete offshore blocks
29.08. – Hellenic Petroleum to change name to HELLENiQ Energy in September
30.08. – New Revythoussa FSU ready to receive LNG shipments

Hungary
18.08. – GO market shifts to multiple seller model
19.08. – Significant increase in demand for solar panels
24.08. – Hungary to import green electricity from Azerbaijan
26.08. – OAH granted construction licenses for two new units at NPP Paks
30.08. – Hungary to increase gas supplies from Gazprom
01.09. – Hungary increases energy dependence on Russia by signing new contract with Gazprom

Macedonia
19.08. – Government introduced electricity saving measures
19.08. – The largest electricity importers in North Macedonia in 2021
25.08. – 343 GWh of electricity produced in June
26.08. – North Macedonia declared state of emergency in the energy sector

Montenegro
19.08. – TPP Pljevlja to be offline for seven months in 2024
30.08. – EPCG sees enormous solar potential in Zeljezara

Romania
17.08. – Conpet recorded 25 % higher profit in H1 2022
17.08. – Transgaz recorded 31 % higher profit in H1 2022
18.08. – Government looking to find alternative financing for its energy support scheme
18.08. – Electrica recorded losses in H1 2022
19.08. – Gas imports decreased by 17 % in the first half of 2022
19.08. – Rompetrol Rafinare turns to profit in H1 2022
22.08. – Siemens Gamesa to supply turbines for 48 MW wind project
22.08. – Coal imports rose by 22 % in H1 2022
23.08. – Hidroelectrica’s IPO scheduled for the first half of 2023
25.08. – Romania’s gas storages are over 70 % full
25.08. – Transgaz completed Pojorata-Vatra Dornei gas pipeline
26.08. – Mass Global Energy bought TPP Mintia
26.08. – More than 510 million euros paid to suppliers as compensation by March 2022
29.08. – NPP Cernavoda’s unit 1 offline since 26 August
30.08. – Romania to double fees on energy exports and imports From Ukraien and Moldova
31.08. – Unit 1 of NPP Cernavoda reconnected to the grid
01.09. – Hidroelectrica’s profit rose by 56 % in H1 2022
01.09. – Enel’s Romanian subsidiaries borrow 375 million euros from parent company
01.09. – MET Group to expand into Romanian RES market

Serbia
17.08. – Fintel Energija recorded lower profit in H1 2022
18.08. – Serbia spent 1.5 billion euros on electricity and gas imports
19.08. – Serbia to revive Kovin coalmine project
21.08. – Serbia to purchase cheap electricity from Azerbaijan
22.08. – NIS pays 49.2 million euros in dividend
23.08. – Serbia will stop receiving Russian crude oil after 1 November
23.08. – EPS recorded 418 million euros loss in H1 2022
24.08. – Novi Sad planning to use geothermal energy for heating
26.08. – EPS looking to decarbonize its electricity generation portfolio
26.08. – The construction of the largest solar power plant in the country should start soon
30.08. – Environmental Ministry okays the third phase of Trans-Balkan Corridor project
30.08. – Government approved electricity price hike for commercial consumers
31.08. – Serbia’s oil storages are 88 % full
31.08. – Serbia to turn to Venezuela, Iraq and Azerbaijan for crude oil supply

Slovenia
17.08. – Ascent claims 500 million euros in damages from Slovenia
17.08. – EC indefinitely postponed decision on approval of MOL’s acquisition of OMV Slovenia
19.08. – Government prepared 40 million euros energy aid package for businesses
25.08. – Electricity generation dropped by 13 % in July
26.08. – Petrol recorded 1.3 million euros loss in H1 2022

Turkey
23.08. – Turkey doubled Russian crude oil imports
24.08. – Kalyon to invest 2 billion dollars in renewable energy
26.08. – Dost Enerji acquired 50 MW wind project
29.08. – Energy imports rose by 95.7 % in July
30.08. – Natural gas imports dropped by 5.6 % in June
30.08. – Crude oil imports rose by 11 % in June
01.09. – LPG imports rose by 20.6 % in June
01.09. – Electricity generation rose by 0.2 % in June
01.09. – Electricity, gas prices for commercial consumers rose by 50 %, 20 % for households

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