News

RES account in deficit – Greece, 27 March 2020

The special RES account, through which producers of electricity from renewable sources are paid, is currently showing a 423 million euros annual drop in revenues. This is mainly a result of […]

Energy suppliers to receive support from the Development Bank – Greece, 27 March 2020

Electricity and gas supply companies, pressured by dire financial situation as a result of coronavirus outbreak, are among the Greek enterprises to be offered liquidity support by a future Development […]

Hidroelectrica completed HPP Stejaru’s unit 6 refurbishment – Romania, 27 March 2020

Romanian electricity producer Hidroelectrica has completed the refurbishment of unit 6 of hydropower plant Stejaru, thus increasing its power output from 50 to 55 MW. The tests performed certify that […]