Browsing: European Union

European electricity and gas markets in the third quarter of 2023 were characterised by continued recovery from record high price levels seen in 2022, but gas…

European Council has reached a political agreement on a recommendation to continue coordinated demand reduction. Although the security of supply in the EU has improved, continued…

The subsidy race triggered by the energy crisis in 2022 showed how electricity policy is central to industrial policy. Addressing this at the EU level will…

By connecting gas with Bulgaria, as well as starting the construction of a new interconnector with North Macedonia, Serbia can become a significant energy player in…

Europe needs massive investment in electricity generation, storage and distribution as well as in electricity-consuming appliances that operate in a system-friendly way. The European Commission’s most…

European carbon permits reached multi-year lows on February 13 as demand from the power and industrial sectors remained in the doldrums. EU Allowances under the Emissions…

Bulgaria has achieved an 18.6% reduction in its greenhouse gas emissions during the third quarter of 2023, according to data published by Eurostat. This achievement positions…

Renewables provided a record high of 44% of electricity in the European Union 2023, surpassing the 40% mark for the first time, according to Ember’s European…

The European Union’s commitment to reducing carbon emissions has led to the introduction of the Carbon Border Adjustment Mechanism (CBAM), fundamentally altering the landscape for high-carbon…

When considering Serbia as a nearshoring destination for EU energy-intensive and heavy industry companies, understanding the specifics of energy and operational costs in the Serbian context…