Energy NEWS July – 2 2022

Edition July – 2 2022 with 104 pages and 101 energy news articles

This report is just one segment of our Energy NEWS service.

Register for free to our POWER PORTAL – www.portal.balkanenergy.com to access:
– PDF publications, 3 times per week + 2 times per month
– Database with over 19,000 energy news articles
– Excel data download

See more on Power Portal: Trading data, Day ahead HUPX forecasts, Long term HUPX forecasts, Data download, Country Reports

View sample report, or register for FREE to access latest PDF reports and news database:

Table of content, edition July – 2 2022

TRADING OVERVIEW

ENERGY NEWS

Region
18.07. – EU signed an agreement to double gas imports from Azerbaijan
19.07. – EnC opens dispute settlements procedures against North Macedonia and Kosovo
20.07. – EU urges member states to reduce gas consumption by 15 %
21.07. – Nord Stream pipeline resumes operation
22.07. – EU’s plan to reduce gas consumption by 15 % faces opposition
25.07. – ICGB obtained Greek natural gas transmission license
26.07. – EU reached agreement on reducing its gas consumption
26.07. – TAP to increase gas deliveries by 50 % in 2022
29.07. – 4th Wave go-live SIDC pre-launch event
29.07. – Albania and North Macedonia to jointly face energy challenges

Bosnia and Herzegovina
21.07. – Concessions for two wind farms awarded
21.07. – Coal exports rose by 60 % year-on-year
22.07. – ERS to establish subsidiary for Donja Trusina wind project
22.07. – Federal Government approved energy permit for Ivan Sedlo wind farm
22.07. – Brod refinery plans to build gas-fired power plant
26.07. – Gross electricity generation reached 1,269 GWh in May
27.07. – EP HZHB lacks electricity, seeking help from EPBiH
27.07. – EPBiH launched tender for the construction of 15 MW solar power plant
28.07. – 556 GWh of electricity produced in FBiH in June

Bulgaria
18.07. – Electricity generation increased by 16.6 % in 2022
19.07. – Overgas plans to purchase LNG from future terminal in Albania
20.07. – Chiren underground gas storage 42 % full
20.07. – TPP Brikel’s SO2 emissions 15 times above safety limit
22.07. – TPP Republika continues to release harmful emissions
25.07. – Azerbaijan to supply up to one billion cubic meters of additional gas per year
27.07. – Bulgaria will be able to request derogation from reduced gas consumption
27.07. – Bulgargaz proposes 54 % wholesale gas price increase for August
28.07. – TPP Brikel to be shut down
28.07. – Energy Ministry to propose agreement for seven LNG cargoes
29.07. – Electricity generation reached 3,624 GWh in May
29.07. – Bulgargaz sought excuse to get rid of Russian gas
29.07. – Bulgaria looking for alternative fuel for NPP Kozloduy
29.07. – Employers’ Association demands urgent decisions regarding energy compensations

Croatia
19.07. – Acciona Energia to build two wind farms in Croatia
19.07. – Moody’s upgraded HEP’s rating to Baa2 with stable outlook
20.07. – CROPEX announced April/May/June guarantees of origin auctions
21.07. – Okoli underground gas storage 45 % full
22.07. – 914 GWh of electricity produced in May
22.07. – HEP obtained state guarantees for gas purchases
25.07. – Results of April/May/June guarantees of origin auctions
25.07. – S&P upgrades HEP’s rating to BBB with stable outlook
25.07. – HOPS to introduce 15-minute deviation calculation period in 2025
29.07. – JANAF recorded 15 % higher profit in H1 2022
29.07. – INA’s net profit tripled in H1 2022
29.07. – Croatia’s gas pact with Slovenia and three other EU member states

Greece
18.07. – Government committed to green transition
19.07. – PPC Renewables and Siemens Gamesa signed two wind turbines supply contracts
20.07. – RAE issued production license for 200 MW solar project
21.07. – ExxonMobil acquired majority stake in two Cretan offshore blocks
25.07. – Electricity subsidies in august to exceed 1.1 billion euros
26.07. – 370 million euros in extra profits collected in the first 16 days
28.07. – Electricity exports soared by 800 % in June
29.07. – Decarbonization plan delayed by two years

Hungary
18.07. – Solar accounted for 37 % of Hungary’s electricity consumption on 13 July
19.07. – Hungary plans to redirect all gas supply to TurkStream
21.07. – Alteo to double its solar portfolio
22.07. – Hungary agreed additional volumes of Russian gas
29.07. – Operation of NPP Paks unaffected by increasing water temperatures
30.07. – Government enacts new measures to tackle energy crisis

Kosovo
29.07. – Kosovo to receive 202 million dollars in grants for energy projects

Macedonia
22.07. – North Macedonia to declare state of emergency in energy sector in August
25.07. – 383 GWh of electricity produced in May

Montenegro
19.07. – EBRD to support the establishment of RES auctions
21.07. – Annual overhaul of HPP Perucica starts on 23 July
26.07. – 3 million euros worth of electricity imported daily during TPP Pljevlja outage

Romania
18.07. – Nofar Energy expands its Romanian portfolio by 255 MW
18.07. – One billion euros in subsidies for energy efficiency and green energy production
19.07. – Energy subsidies to amount to 3 % of Romania’s GDP
20.07. – Gas imports decreased by 14 % in the first five months of 2022
20.07. – Natural gas distribution network expanded by 4.3 % in 2021
21.07. – Nuclearelectrica signed first contract with Candu Energy on NPP Cernavoda unit 1 refurbishment
22.07. – ArcelorMittal temporarily reduced activities
22.07. – Coal imports rose by 55 % in the first five months of 2022
22.07. – PATRES calls for quicker approvals for RES projects
25.07. – Crude oil imports rose by 7.2 % in the first five months of 2022
25.07. – Hidroelectrica’s electricity generation fell by 30 % year-on-year
27.07. – Romgaz’ hydrocarbon output dropped by 0.25 % in H1 2022
27.07. – ANRE halved estimated cost of energy subsidies
27.07. – OMV Petrom quadrupled its profit in H1 2022
28.07. – Photon Energy to build three new solar power plants in Romania
29.07. – Austrian company to build 7 MW energy storage facility in Romania
29.07. – OMV Petrom to make Neptun Deep investment decision by mid-2023

Serbia
24.07. – Electricity prices should be increased by up to least 10 %
28.07. – Electricity prices to increase by 6.5 % as of 1 September
29.07. – Serbia presented its National Energy and Climate Plan
29.07. – EPS to become joint stock company in 2023
29.07. – NIS recorded net profit of 375 million euros in H1 2022

Slovenia
18.07. – HSE recorded 7.1 million euros profit in 2021
22.07. – Government capped natural gas prices as of 1 September
22.07. – NPP Krsko operates at full capacity despite low water level
22.07. – S&P puts Petrol’s rating on negative watch
25.07. – Electricity generation dropped by 13 % in June

Turkey
20.07. – Turkey is crucial for EU’s gas deal with Azerbaijan
21.07. – Turkey launches construction of unit 4 of NPP Akkuyu
22.07. – Pipeline maintenance to disrupt gas flows in August
26.07. – Turkey to face winter season with full gas storages
28.07. – Natural gas imports rose by 3.7 % in May
28.07. – Electricity generation rose by 0.3 % in May
29.07. – Crude oil imports rose by 14.7 % in May
29.07. – LPG imports rose by 8.1 % in May
29.07. – Russia transferred 15 billion dollars for NPP Akkuyu project

Power data

  • Commercial flows per interconnection
  • Production / consumption / export / flow for each border in SEE

Power exchanges

  • Spot market
  • Futures market

ATC auctions

  • Month-ahead ahead ATC auctions

Tenders

Carbon market



"Energy NEWS" service, HUPX forecasts (Day ahead, Week ahead, Month ahead), Country Reports on Energy Business

 

Balkan Energy NEWS service exists for over 10 years, and during that period, we earned trust of major European utilities, generators, traders and investment banks. We do not preserve good quality of service – we are constantly improving it, in order to always be one step ahead, and justify trust of our customers with quality.  Our trademark service is "Energy NEWS service", created as a response to expansion of energy market in South East Europe, with a goal to provide current and future market players with data and information for investments in energy sector and electricity trade.

Through our products, we cover countries of South East Europe: Albania, Bulgaria, Bosnia and Herzegovina, Croatia, Greece, Hungary, FYR Macedonia, Montenegro, Romania, Serbia, Slovenia and Turkey. We also publish news articles from Middle East, Eastern and Central Europe, when of influence to SEE

Balkan Energy products:

 

"Energy NEWS" service

  • PDF: SEE+Hungary Energy Daily: published 3 times per week (45-50 pages per edition)
  • PDF: Balkan Energy NEWS publication: published 2 times per month (90-110 pages per edition) + excel files<
  • Web portal: Database access to all published news articles, with date/country filters and search by keyword (+200 EUR annually on PDF subscription price)
  • In addition to being most complete and most affordable energy service for SEE, it is also company licensed with unlimited number of users.

     

    Month ahead forecast: HUPX and SEE Trading Tool

    Month-ahead report on HUPX price forecast, containing daily HUPX base price forecast, info on maintenance of generation units and many other useful information for electricity trading  in Hungary and SEE.

     

    Country Reports on Energy Business - All need-to-know energy info in one report!

    Country reports provide comprehensive overview of electricity sector for countries of South Eastern Europe. At the moment we have available up-to-date country reports for Bulgaria, Romania, Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Serbia and FYR Macedonia.

    For each country, our reports give description and data on:

  • General description of the electricity market
  • Consumption, production and export characteristics
  • Actualities – hot topics
  • Market liberalizations, electricity prices and tariffs
  • Key market players
  • Legislation and electricity market opening
  • Potentials for investments in power generation
  • Analyses of seasonal export/import trends
  • Detailed analysis of Cross Border Capacities
  • Country reports are updated every three months. For each ordered report, you will receive updates during one year period, free of charge. For ordering all of the reports together, additional discount can be applied.