Thanks to Germany's KfW Development Bank, the Trans-Balkan Corridor power grid is expanding in South-Eastern Europe. The new power lines will better connect the region and enable the use of more electricity from renewable sources.
A near power grid outbreak cut Europe’s power grid into a South-Eastern and a North-Western part for about an hour. It was described as one of the most critical near-blackout situations since the region’s last major blackout in 2006.
Internal electricity markets play a key role in implementing the green transition. Transmission system operators must work together to strengthen regional operational safety coordination.
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