Gas Industry

Bulgaria: KEVR approves modest increases in gas, electricity and heating prices Read More »

Bulgaria: KEVR approves modest increases in gas, electricity and heating prices

The Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 0.6% increase in the wholesale price of natural gas for July 2025. The new price stands at approximately 33 euros per megawatt-hour (MWh), excluding VAT and excise duties. This follows a 0.1% decrease in the wholesale gas price approved for June. According to […]

Region: Romania and Serbia sign MoU to launch cross-border gas interconnection Read More »

Region: Romania and Serbia sign MoU to launch cross-border gas interconnection

Romania’s natural gas transmission system operator, Transgaz, and Serbia’s state gas company, Srbijagas, have signed a Memorandum of Understanding (MoU) to advance the development of a gas interconnection between the two countries. The agreement lays the foundation for cooperation by defining the main principles and organizational framework for future joint projects. As part of the

Region: North Macedonia and Serbia advance cross-border gas pipeline project Read More »

Region: North Macedonia and Serbia advance cross-border gas pipeline project

The national gas transmission operator of North Macedonia, Nomagas, and Serbia’s state gas company, Srbijagas, have signed a Memorandum of Understanding (MoU) to enhance their cooperation and accelerate the development of a cross-border gas interconnector. This agreement is a significant step toward streamlining the preparatory work for a key pipeline that will connect the gas

Europe: Brent oil, TTF gas and CO2 prices decline in late June amid easing Middle East tensions Read More »

Europe: Brent oil, TTF gas and CO2 prices decline in late June amid easing Middle East tensions

During the fourth week of June, Brent crude oil futures prices experienced a decline. On Monday, June 23, the price settled at $71.48 per barrel, already 7.2% lower than the last session of the previous week. Prices continued to fall on Tuesday, June 24, dropping 6.1% from Monday and reaching the week’s minimum settlement price

Europe: Electricity prices fall in late June amid lower gas costs and high renewables Read More »

Europe: Electricity prices fall in late June amid lower gas costs and high renewables

In the fourth week of June, average electricity prices declined across most major European markets compared to the previous week. The United Kingdom’s N2EX market experienced the largest drop, falling by 28%. Other markets saw decreases ranging from 1.3% in Italy’s IPEX market to 14% in the Nordic countries’ Nord Pool market. France’s EPEX SPOT

Europe: Electricity demand rises in most markets amid seasonal shifts and holidays Read More »

Europe: Electricity demand rises in most markets amid seasonal shifts and holidays

During the week of June 23, electricity demand rose across most major European markets compared to the previous week. Germany and Italy saw the largest increases, with demand growing by 8.2% and 8.1% respectively. France experienced the smallest increase at 2.6%, while Portugal’s demand grew by 3.9%. The demand spikes in Portugal and Germany were

Solar and wind energy trends: Record solar production in Iberia, mixed forecasts for Europe Read More »

Solar and wind energy trends: Record solar production in Iberia, mixed forecasts for Europe

During the week of June 23, solar photovoltaic (PV) energy production rose in both Italy and Spain compared to the previous week. Italy experienced the largest increase at 9.4%, while Spain saw a more modest rise of 0.6%, marking its third consecutive week of growth. Conversely, Germany, France, and Portugal experienced declines in solar PV

Slovenia launches public consultation for Krsko nuclear expansion as project gains momentum Read More »

Slovenia launches public consultation for Krsko nuclear expansion as project gains momentum

Slovenia will initiate a three-month public consultation on July 1 as part of the spatial planning process for a new reactor unit at the existing Krsko Nuclear Power Plant. The Ministry of Natural Resources and Spatial Planning will release the draft plan for public review, while GEN Energija, the project developer, had already submitted its

Romania: R.Power appoints Nomad Electric as contractor for 55 MW solar project Read More »

Romania: R.Power appoints Nomad Electric as contractor for 55 MW solar project

Polish renewable energy developer R.Power has selected Romanian firm Nomad Electric as the general contractor for its 55 MW solar power project in Romania. The contract, finalized through R.Power’s local subsidiary, includes all installation, civil works, and commissioning activities. However, it does not cover the supply of solar modules and inverters. This project is part

Hungary: U.S. lifts sanctions on Paks nuclear expansion, paving way for full-scale construction Read More »

Hungary: U.S. lifts sanctions on Paks nuclear expansion, paving way for full-scale construction

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó has announced that the United States has officially lifted sanctions that had been obstructing Hungary’s plans to expand its Paks nuclear power plant. Originally imposed by the Biden administration, the restrictions have now been reversed, reverting to a Trump-era policy stance. Minister Szijjártó emphasized that the

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