Energy prices have been a salient issue in CEE for the past year. Part 1 of this article covered just how high the energy prices had climbed in Bulgaria, the Czech Republic, Moldova, Montenegro, Poland, and Turkey, the impact of those prices on people, businesses, and governments, as well as the reasons why some countries fared better than others. Then Russia’s war against Ukraine changed everything, making a new energy pricing normal seem more distant than ever. In Part 2 we look at what energy experts believe could alleviate the situation and whether the war has impacted those plans.

On May 19, 2022, CEE Legal Matters reported that CMS had advised Portugal's MGI Capital on the sale of Bezmer Energy to Philicon-97. CEE In-House Matters spoke with Pedro Lameira, CFO at MGI Capital, to learn more about the sale.

Gessel has advised Luneos Green Energy on its acquisition of an unidentified 19-megawatt photovoltaic farm project.

VJT & Partners has advised Navitasoft and its owner on the three-round HUF 1.2 billion capital investment by the Blue Planet Climate Protection Fund. Gardos Mosonyi Tomori reportedly advised the fund.

On 19 May 2022, the Government of the Republic of Serbia adopted the Regulation on the temporary measure of limiting the price of gas and compensating for the difference in the price of natural gas, procured from imports or produced in the Republic of Serbia, in case of disturbances on the natural gas market, which regulation was published in the Official gazette of the RS no. 59/2022.

Former Enel Romania Head of Legal has joined Enel Green Power as its Head of Legal in Bucharest.