Gas Industry

Albania advances solar energy amid shifts in national energy production Read More »

Albania advances solar energy amid shifts in national energy production

The Albanian government has approved the development of two new solar power plants in the southwestern part of the country. These projects will have a combined installed capacity of 107 megawatts. Local solar developer Albania Solar Power is set to construct an 82 MW photovoltaic plant, while another company, Power Energy, will develop a separate […]

Romania calls for delay in coal plant closures, citing energy security concerns Read More »

Romania calls for delay in coal plant closures, citing energy security concerns

Romania has made it clear that shutting down coal-fired units at the Energy Complex (EC) Oltenia, as outlined in its Resilience and Recovery Plan (PNRR), would undermine its energy security. The Ministry of Energy warns that this move would increase reliance on imported electricity from neighboring countries such as Serbia and Bulgaria, where coal remains

Greece: PPC adds third turbine to HERON 1 mobile plant to secure Crete’s summer power supply Read More »

Greece: PPC adds third turbine to HERON 1 mobile plant to secure Crete’s summer power supply

To meet Crete’s electricity demand during the high-consumption summer season, the Greek Public Power Corporation (PPC) is finalizing the installation of a third turbine unit at the HERON 1 mobile gas-fired power plant. This expansion completes a key energy strategy designed to strengthen the island’s electricity supply. HERON 1, leased for two years from GEK

Bulgaria plans to finalize Kozloduy nuclear expansion contract by end of 2026 Read More »

Bulgaria plans to finalize Kozloduy nuclear expansion contract by end of 2026

Energy Minister Zhecho Stankov announced that Bulgaria aims to sign a construction agreement for units 7 and 8 at the Kozloduy nuclear power plant by the end of 2026. If the project proceeds as planned, Bulgaria will become the first EU country to operate a Westinghouse AP1000 reactor. Minister Stankov said the contract is expected

Bulgaria: IBEX day-ahead market sees slight monthly decline, yearly growth in May 2025 Read More »

Bulgaria: IBEX day-ahead market sees slight monthly decline, yearly growth in May 2025

In May 2025, a total of 2,225,726.2 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), representing a 3.5% decrease compared to the previous month. The average daily traded volume in May was 71,797.6 MWh. However, the traded volume in May 2025 was 6.7% higher than in the

Europe: EU set to cut natural gas imports by 25% by 2030 driven by renewables and efficiency Read More »

Europe: EU set to cut natural gas imports by 25% by 2030 driven by renewables and efficiency

A recent report by the Institute for Energy Economics and Financial Analysis (IEEFA) projects that the European Union could reduce its total imports of natural gas and liquefied natural gas (LNG) by 25% between 2024 and 2030. This forecast is driven by a continuing decline in gas consumption, fueled by the EU’s increasing adoption of

Slovenia: HSE plans major expansion to boost renewable energy Read More »

Slovenia: HSE plans major expansion to boost renewable energy

Hydropower plants along the Sava river in Slovenia produced just over 1,000 GWh of electricity last year, accounting for slightly more than 20 percent of the country’s total electricity generation. However, this output represents only about one-third of the river’s full energy potential, indicating significant opportunities for further development. The HSE Group, Slovenia’s main electricity

North Macedonia: Electricity trading day-ahead market rises 25% year-on-year in May 2025 Read More »

North Macedonia: Electricity trading day-ahead market rises 25% year-on-year in May 2025

In May 2025, the volume of electricity traded on North Macedonia’s day-ahead electricity exchange reached 86,321.1 MWh, which is approximately 25 percent higher than the 69,054 MWh recorded in the same month the previous year. However, the traded volume in May was 21.7 percent lower compared to the previous month. The electricity market operator MEMO

Bulgaria: Consumer Protection Commission launches investigation into Lukoil fuel pricing practices Read More »

Bulgaria: Consumer Protection Commission launches investigation into Lukoil fuel pricing practices

The Consumer Protection Commission (CCP) has launched a thorough investigation into the pricing strategies used by Lukoil for its fuel sales, with the aim of determining whether consumers’ economic interests have been adversely affected in the retail fuel market. This decision follows a joint exchange of information between the CCP and the Commission for the

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