TTF gas futures experienced mild upward pressure following the European Union’s approval of a new sanctions package against Russia, which includes a ban on Russian LNG imports effective from 2027. While the announcement initially boosted market sentiment, the impact was limited by strong supply conditions and storage facilities near full capacity across Europe. As a […]
Region: SEE power prices fall on mild weather and strong wind generation in Week 43 Read More »
During Week 43 of 2025, electricity market prices in Southeast Europe (SEE) declined noticeably compared to Week 42, mainly due to mild weather conditions and increased power generation from wind farms. Despite the decrease, all SEE markets recorded weekly average prices above €108/MWh, except Türkiye. Croatia and Romania registered the steepest price drops, at -19.19%
Slovenia: NPP Krško back online after scheduled maintenance completion Read More »
Slovenia’s only nuclear power plant, Krško, was reconnected to the national electricity grid on Tuesday, 28 October, following the completion of its scheduled maintenance program. Over the next several days, the plant will gradually increase power output in line with strict safety procedures, the operator announced. The month-long overhaul, which began on 28 September, included
Romanian natural gas producer Romgaz has issued a new six-year bond worth 500 million euros with a fixed interest rate, marking its second successful venture into international capital markets. The bond issuance took place on 28 October and follows a similar 500 million euro five-year bond launched in October 2024. Both transactions are primarily intended
Hungary: MOL resumes fuel production at Százhalombatta refinery following fire incident Read More »
Fuel production has resumed at MOL’s Százhalombatta refinery, operating at reduced capacity as the company gradually brings back online units unaffected by the recent fire. MOL confirmed that the restart process is on schedule and that Hungary’s domestic fuel supply remains stable and fully secured. The fire broke out on 20 October at the AV3
Slovakia’s Slovnaft refinery, part of Hungary’s MOL Group, has accused Croatian state-owned pipeline operator JANAF of restricting deliveries of non-Russian crude oil, citing what it called technical limitations. The refinery claims that this move jeopardizes ongoing efforts to reduce reliance on Russian oil. JANAF, however, rejected the accusations, insisting that it has fully met all
Croatia: Over 205,000 guarantees of origin sold latest renewable energy auctions Read More »
At the guarantees of origin (GO) auctions for electricity held on 29 October, a total of 205,606 GOs offered by HROTE, ENNA Next, and INA were successfully sold. The auctions were conducted as six parallel sessions through CROPEX’s IT trading platform, covering electricity generated from wind, biogas, and solar sources. HROTE sold 172,213 GOs from
Bulgaria: Bulgargaz proposes November gas price increase amid rising seasonal demand Read More »
Bulgaria’s state-owned gas supplier Bulgargaz has proposed an increase in the wholesale natural gas price for November 2025. The suggested price is around 33.7 euros per megawatt-hour, representing a 7.88 percent rise compared to October’s approved price of about 31.2 euros per megawatt-hour, which itself was around 1 percent higher than in September. The company
Albanian private electricity producers now hold a larger share of the country’s total electricity generation capacity than the state-owned utility KESH, marking a major shift in the national energy landscape. The growth of solar power has been the main factor behind this development, with solar installations now representing about 10 percent of total installed capacity.
TTF gas futures prices in Europe came under mild upward pressure during the third week of October 2025, driven by expectations of higher gas exports to Ukraine amid ongoing war-related damage to the country’s gas infrastructure. However, elevated European gas storage levels and robust supply from Norway and liquefied natural gas (LNG) imports helped keep
