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electricity

European Union sees electricity production doubling by 2050 to reach net zero

The European Union estimates it will need to more than double its electricity generation by the middle of the century and boost renewables to...

Black Sea storm leaves half a million without power in Crimea

A Black Sea storm left half a million people without power in Crimea and halted crude loadings at Russia’s Novorossiysk and the CPC terminal,...

European power prices fall to two-year low as crisis eases

Benchmark electricity prices in Europe have fallen to levels last seen two years ago in a positive sign for the continent’s economy as its...

EU to revamp power market, aiming to blunt price spikes

The European Commission is set to propose a revamp of Europe's electricity market rules on Tuesday, aimed at expanding the use of fixed-price power...

Romanian government partially regulates energy markets until 2025

Romania's government changed its energy support scheme for households, small businesses and industry on Friday, partially regulating its power market until March 2025 to...

European energy bills hit record despite government support

European households are paying more than ever for their electricity and natural gas, even as governments spend billions to shield consumers from the energy...

Republic of Moldova faces power blackouts after Transnistria halves electricity supplies

The MoldGRES power plant in the Republic of Moldova’s separatist region of Transnistria has halved its production and supply (from 70% to 27% of...

Romanian government endorses new and improved ‘cap and subsidy’ scheme for energy prices

The Romanian government approved on Tuesday the revised 'cap and subsidy' scheme for residential and industrial energy consumers to be enforced from February 1...

Romania to strengthen energy subsidies for households

Romania’s Prime Minister Nicolae Ciuca said that the ruling coalition agreed on Monday to lower the electricity and gas cap and increase the consumption...

Massive disruption of the electricity supply in Crimea. Kiev accused of sabotage

The massive outages occurred on the night of Sunday to Monday in several cities in Crimea The massive outages occurred on the night of Sunday...