Gas Industry

Romania: ENEVO Group to build largest solar power plant in Arad Region Read More »

Romania: ENEVO Group to build largest solar power plant in Arad Region

ENEVO Group has been appointed as the general contractor for the Helios Arad solar power plant, an ambitious renewable energy project with a planned installed capacity of 85 MW—making it the largest solar facility in the region. The project is financed by Unigea Solar Projects Romania, a subsidiary of the German-based Unigea Group. Under the […]

Hungary criticizes EU plan to end Russian energy imports by 2027 Read More »

Hungary criticizes EU plan to end Russian energy imports by 2027

Hungarian Foreign Minister Péter Szijjártó has strongly opposed the European Commission’s newly unveiled plan to phase out all imports of Russian gas, oil and nuclear fuel by the end of 2027. The proposed strategy, aimed at eliminating the EU’s dependency on Russian energy, has sparked backlash from Budapest, which relies heavily on Russian supplies. Szijjártó

Greece: Crete-Attica electricity interconnection enters final testing phase Read More »

Greece: Crete-Attica electricity interconnection enters final testing phase

Greece’s electricity transmission system operator, ADMIE, along with its project implementation arm Ariadne Interconnection, has reached a key milestone in the Crete-Attica electricity interconnection project. A final inspection at the Damasta converter station in Heraklion marks the beginning of the last phase of testing, ahead of the launch of the trial operation. The facility is

Greece: Public call for solar power plant installation in family homes opens 6 June Read More »

Greece: Public call for solar power plant installation in family homes opens 6 June

The Environmental Protection and Energy Efficiency Fund has announced a new public initiative to support the installation of solar power plants on family homes. Starting 6 June, eligible homeowners can apply for co-financing to help cover the costs of installing photovoltaic systems for personal electricity use. This initiative targets the installation of solar power systems

Croatia: Janom Investments reaches ready-to-build stage for 30 MW solar power plant Read More »

Croatia: Janom Investments reaches ready-to-build stage for 30 MW solar power plant

Roughly a year after announcing its pilot solar project in Croatia’s Slavonia region, Janom Investments has advanced to the ready-to-build phase for a 30 MW photovoltaic plant. This marks the company’s first investment in Croatia and represents a key milestone in its strategy for regional growth. Construction is set to begin in August 2025, with

Greece: Electricity prices rise for households despite wholesale market drop Read More »

Greece: Electricity prices rise for households despite wholesale market drop

Electricity providers in Greece have announced price hikes of up to 17% for May, even as wholesale electricity prices continue to decline. The average wholesale price fell by around 16% last month, dropping to €89 per megawatt-hour, yet retail rates—particularly on green tariffs—have risen significantly. Green tariffs, which are used by approximately 72.4% of households

Romania: OMV confirms Neptun Deep gas production to begin in 2027, boosting EU energy security Read More »

Romania: OMV confirms Neptun Deep gas production to begin in 2027, boosting EU energy security

Austrian energy group OMV announced that gas production from Romania’s Black Sea Neptun Deep project is set to start in 2027, marking a major step forward for European energy independence. The €4 billion venture is being developed jointly by OMV’s Romanian arm, OMV Petrom, and state-owned gas producer Romgaz, with both holding equal 50% stakes.

Romania: OPCOM reports decrease in traded volume and price fluctuations in April 2025 Read More »

Romania: OPCOM reports decrease in traded volume and price fluctuations in April 2025

In April 2025, the average price of electricity on the day-ahead market of the Romanian energy exchange OPCOM stood at 86.44 euros/MWh, marking a 44.08% increase compared to the same month in 2024, but a 18.74% decrease from the previous month, when the average baseload price was 106.36 euros/MWh. The total traded volume for April

Croatia: CROPEX reports decrease in electricity trading volume and prices in April 2025 Read More »

Croatia: CROPEX reports decrease in electricity trading volume and prices in April 2025

In April 2025, a total of 982,941.6 MWh of electricity was traded on the Croatian energy exchange CROPEX, marking a 10.3% decrease compared to March. Of this volume, 732,302.5 MWh was traded on the day-ahead market, while 250,639.1 MWh was traded on the intraday market. The total traded volume in April 2025 was 3.2% lower

Low hydropower reserves and rising gas prices threaten Southeastern Europe’s energy stability this summer Read More »

Low hydropower reserves and rising gas prices threaten Southeastern Europe’s energy stability this summer

Southeastern Europe is heading into the summer season with concerningly low water levels at its hydropower facilities, raising alarms about the potential for increased wholesale electricity prices in the near future. Hydropower reserves across the region are currently lower than they were at the same time last year. In Greece, for example, the available water

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