Gas Industry

Bulgaria: HPP Chaira reaches major milestone in modernization efforts Read More »

Bulgaria: HPP Chaira reaches major milestone in modernization efforts

Bulgaria’s pumped-storage hydropower plant Chaira has reached a significant milestone in its ongoing modernization. In mid-May, Unit 2 officially received final regulatory approval, marking the successful completion of its restoration. With this clearance, the National Electricity Company (NEK) is now authorized to fully integrate the unit into the national electricity network, finalizing the last stage […]

Bulgaria: Bulgargaz proposes slightly lower wholesale gas price for June 2025 Read More »

Bulgaria: Bulgargaz proposes slightly lower wholesale gas price for June 2025

Bulgarian state-owned gas supplier Bulgargaz has proposed a marginally lower wholesale natural gas price to be applied for June 2025. The suggested price stands at approximately 32.8 euros per megawatt-hour (MWh), representing a modest decrease of 0.11 percent compared to the approved price for May, which was 32.9 euros/MWh. This comes after a more substantial

Energy Community highlights progress and challenges in gas storage across the region Read More »

Energy Community highlights progress and challenges in gas storage across the region

The Energy Community (EnC) Secretariat has released its 2025 Annual Storage Report, offering a comprehensive evaluation of how contracting parties have implemented the adapted EU Storage Regulation (EU) 2022/1032. The report covers the period from June 2024 to June 2025 and provides key insights into regional gas storage efforts and energy security. The report highlights

Slovenia: Petrol to distribute nearly entire profit as dividends amid margin concerns Read More »

Slovenia: Petrol to distribute nearly entire profit as dividends amid margin concerns

Shareholders of the Slovenian energy company Petrol have approved a proposal to allocate almost the entire profit from the previous year toward dividend payments, resulting in a gross dividend of €2.10 per share—an increase of €0.30 compared to last year. At the meeting, concerns were raised over persistently low profit margins, which shareholders warned could

North Macedonia issues first renewable energy certificates to ESM Read More »

North Macedonia issues first renewable energy certificates to ESM

North Macedonia has reached a significant milestone in its energy transition, as the national market operator MEMO issued the country’s first Guarantees of Origin (GoOs) for electricity generated entirely from renewable sources. The inaugural certificates were granted to the state-owned utility Elektrani na Severna Makedonija (ESM) for its hydropower production. Energy Minister Sanja Bozinovska hailed

Hungary achieves lowest electricity import rate in over a decade amid solar surge Read More »

Hungary achieves lowest electricity import rate in over a decade amid solar surge

Hungary’s dependence on imported electricity fell to its lowest level in more than ten years in April 2025, with imports accounting for just 9.9% of gross electricity consumption, according to the Ministry of Energy. This marks the lowest import share since early 2012 and reflects a significant improvement compared to the previous record in September

Croatia: Geothermal project halted after investor bankruptcy and license revocation Read More »

Croatia: Geothermal project halted after investor bankruptcy and license revocation

The Slatina 3 geothermal drilling project in Croatia has been abandoned following the bankruptcy of EES Dravacel, the company holding the exploration license. The project, backed by British firm Cindrigo, collapsed despite an investment of around 4 million euros, due to a lack of a viable business plan and financial instability. Verko Kutleša, the bankruptcy

Bosnia and Herzegovina: Sarajevo Canton launches first wind farm as Interenergo expands renewable portfolio Read More »

Bosnia and Herzegovina: Sarajevo Canton launches first wind farm as Interenergo expands renewable portfolio

The first wind power facility in Sarajevo Canton has been officially commissioned at Ivan Sedlo, in the municipality of Hadžići. Developed by Slovenian company Interenergo, a member of the Austrian Kelag Group, the project represents a significant milestone in the region’s clean energy transition. Interenergo was also the primary investor behind the initiative. Construction of

Bosnia and Herzegovina sees surge in electricity and energy production in March 2025 Read More »

Bosnia and Herzegovina sees surge in electricity and energy production in March 2025

According to the Agency for Statistics of Bosnia and Herzegovina (BiH), gross electricity production in the country reached 1,494 GWh in March 2025, up from 1,351 GWh recorded in the same month last year. Hydropower plants contributed 37.4 percent of total gross production, thermal power plants accounted for 55.5 percent, while solar and wind power

Bosnia and Herzegovina: Electricity and energy production in FBiH sees growth in April 2025 despite drop in coke output Read More »

Bosnia and Herzegovina: Electricity and energy production in FBiH sees growth in April 2025 despite drop in coke output

Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) in April 2025 reached 589 GWh, marking a 6.3 percent increase compared to April 2024, when production stood at 554 GWh. Hydropower plants contributed 44.65 percent of the total gross electricity output, thermal power plants accounted for 44.31 percent, and wind farms made up

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