A number of countries in Central and Southeastern Europe have pledged to boost investment in electricity infrastructure to strengthen security of supply in both gas and power.
Seventeen countries in the EU-backed Central and South-Eastern European Energy Connectivity (CESEC) group signed a memorandum of understanding (MOU) in Bucharest on Thursday to boost interconnectivity and exploit the potential for renewables and energy efficiency.
The CESEC group was established after the cancellation of the South Stream pipeline project, when the focus moved from megaprojects to small-scale infrastructure and cross-border...
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