Bulgaria is replacing Russian gas with U.S. LNG imported via Greece, but is also looking to enhance its role as a transit country for American gas to reach Ukraine.
Romania’s energy transition is well underway but it seems like stronger output from solar and onshore wind power will go hand-in-hand with increasing gas production.
Moldova has managed to replace the gas volumes cut off by Russia’s Gazprom, but the country’s energy import dependency remains a concern.
Despite a challenging investment climate, Poland seems to be on the way to reach its 2030 target of 5.9 GW offshore wind capacity by 2030. But will the electricity reach the regions where it’s needed the most?
Poland’s Gdańsk LNG — the country’s second LNG import terminal — looks on track for completion in 2028, but opinions are divided as to what extent it is needed in the long-term as Polish gas demand is expected to peak in around 2030.
Belgium’s Princess Elisabeth Zone offshore wind project is facing hurdles due to escalating costs. The country’s new coalition government will have to make some tough choices in order to safeguard the project going forward.
Denmark has launched ambitious plans to scale up CCS projects in order to meet the country’s climate targets but will need to resolve a number of challenges on the way including access to sufficient storage capacity.
The Netherlands is showing progress towards its ambitious offshore wind target of 21 GW installed capacity by around 2030 but more work is needed if the country is to reach its goal of decarbonising the power sector in just over 10 years.
Belgium’s dependence on natural gas is expected to remain strong in the coming years as nuclear power is gradually phased out and the country’s green transition faces challenges.
The Netherlands wants to achieve 21 GW offshore of wind capacity by the end of 2031, a target deemed ambitious yet achievable. All eyes are now on the country’s next offshore wind tender which will take place at the end of February.