Gas Industry

Hungary: HUPX electricity prices rise 27% in September 2025, trading volumes decline Read More »

Hungary: HUPX electricity prices rise 27% in September 2025, trading volumes decline

The average price of electricity on the day-ahead market of the Hungarian energy exchange HUPX reached 101.93 euros per MWh in September 2025, marking a 27 percent increase compared to August, when the average baseload price stood at 80.51 euros per MWh. The average peak price on the HUPX day-ahead market amounted to 97.08 euros […]

Bosnia and Herzegovina: EPBiH completes major overhaul of Tuzla thermal power plant Unit 4 Read More »

Bosnia and Herzegovina: EPBiH completes major overhaul of Tuzla thermal power plant Unit 4

State-owned power utility EPBiH has completed a comprehensive capital overhaul of Unit 4 at its coal-fired thermal power plant in Tuzla, extending the operational life of one of its key generation units and enhancing its technical performance, reliability, and safety. The project, valued at 15.3 million euros and financed entirely from EPBiH’s own resources, will

Bosnia and Herzegovina: Energoinvest requests 1.63% natural gas price reduction for fourth quarter of 2025 Read More »

Bosnia and Herzegovina: Energoinvest requests 1.63% natural gas price reduction for fourth quarter of 2025

The Federal Ministry of Energy, Mining and Industry has received a request from natural gas importer Energoinvest to lower gas prices for tariff customers by 1.63 percent in the fourth quarter of 2025. The proposal would reduce the price from 413.6 euros per 1,000 standard cubic meters to 406.8 euros per 1,000 standard cubic meters,

Romania: Transelectrica unveils €130 million 2025 investment plan to expand power grid and boost renewable integration Read More »

Romania: Transelectrica unveils €130 million 2025 investment plan to expand power grid and boost renewable integration

Romanian electricity transmission operator Transelectrica has announced an investment program exceeding 130 million euros for 2025, marking its most ambitious plan in recent years. The company aims to build more than 740 kilometers of new overhead power lines by 2030, supported by over 380 million euros in combined funding from European sources and internal resources.

Hungary proposes new wind energy zones with higher turbines and streamlined rules Read More »

Hungary proposes new wind energy zones with higher turbines and streamlined rules

Hungary has opened a draft legislative package for public consultation that proposes creating designated zones, primarily in the country’s northwest, where wind turbines could be built under more flexible conditions. If approved, 17 subcounties with strong average wind potential would be included, with the possibility of adding additional zones in Dunaujvaros, Heves, Mezotur, Miskolc, and

Hungary and Croatia move to resolve tensions over oil supply, begin pipeline negotiations Read More »

Hungary and Croatia move to resolve tensions over oil supply, begin pipeline negotiations

Tensions between Hungary and Croatia appear to be easing after a period of sharp accusations, during which Croatian authorities were accused of benefiting from the war in Ukraine and sanctions on Russia. State-owned Croatian oil pipeline operator JANAF confirmed that Hungarian company MOL will send representatives to Zagreb next week to start negotiations on importing

Turkish energy company BGN explores cooperation to strengthen Bulgaria’s role as regional gas transit hub Read More »

Turkish energy company BGN explores cooperation to strengthen Bulgaria’s role as regional gas transit hub

Representatives of Turkish energy company BGN met with Bulgarian officials to discuss opportunities for expanding energy cooperation and strengthening Bulgaria’s position as a key gas transit hub in the region. During the talks, Bulgaria emphasized its goal of fully utilizing its gas transport infrastructure to serve both the European Union and the wider Balkan market.

Region: Bulgaria lowers loan interest for gas interconnection project with Serbia Read More »

Region: Bulgaria lowers loan interest for gas interconnection project with Serbia

The Council of Ministers has approved revised conditions for a state-guaranteed loan supporting the construction of the Bulgaria–Serbia gas interconnection. The financing agreement, valued at nearly 50 million euros, was originally signed on January 25, 2023, between gas transmission operator Bulgartransgaz and ING Group. Due to improved market conditions, Bulgaria’s anticipated entry into the Eurozone,

Bulgaria: IBEX day-ahead market sees 3.9% drop in traded volume, prices surge by over 20% in September 2025 Read More »

Bulgaria: IBEX day-ahead market sees 3.9% drop in traded volume, prices surge by over 20% in September 2025

In September 2025, a total of 2,410,532.9 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), marking a 3.9% decrease compared to August. The average daily traded volume reached 80,351.1 MWh. However, compared to the same month in 2024, the traded volume was 1.7% higher. The average baseload

Bosnia and Herzegovina: Republic of Srpska replaces Chinese partners in €750 million Trebinje wind farm project Read More »

Bosnia and Herzegovina: Republic of Srpska replaces Chinese partners in €750 million Trebinje wind farm project

The Government of the Republic of Srpska has terminated its contract with Chinese Zhongbo Group and China Power PTE from Singapore, who were previously selected to develop the Trebinje wind farm. The concession for the construction and operation of the project was valued at more than 750 million euros. In their place, the Government has

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