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 the drop in the marginal system price and the reduction of carbon emission prices, factors that have signif Full article available for subscribers of Energy […]

Bulgargaz expects gas prices to fall beyond 40 % – Bulgaria, 27 March 2020

CEO of state-owned gas supplier Bulgargaz Nikolay Pavlov said during a public discussion on natural gas prices at KEVR that price could go down by 2-3% more than the April forecast of 40 %. The reason is the fall in global oil prices, as well as hub gas prices in Europe in the last 20 days. […]

Gazprom’s gas deliveries to SEE countries dropped by 3.1 % in 2019 – Region, 27 March 2020

Russian gas company Gazprom decreased its natural gas exports to southeastern Europe by 3.1 % in 2019 compared to the previous year, reaching a total of 12.095 billion cubic meters. In 2019, Moldova was the largest importer of Russian natural gas in the region, with a total of 2.89 billion cubic Full article available for […]