Serbia is nearing the completion of a new long-term natural gas supply agreement with Russian company Gazprom, with only a few details remaining to be finalized. Energy Minister Dubravka Djedovic highlighted that Russian gas played a crucial role in ensuring uninterrupted deliveries to households and industry during the peak of the energy crisis. She emphasized […]
Romania: Shikun & Binui Energy launches 71 MW solar power plant Read More »
Shikun & Binui Energy has commenced commercial operations at a 71 MW solar power plant in Satu Mare, located in northwestern Romania. The facility began supplying electricity to the local grid in August, following final approval from the national regulator ANRE. This project marks the company’s first solar asset in Romania and reflects its broader
Hungary sees rising oil and gas production amid push for energy independence Read More »
Energy production in Hungary has been steadily increasing since 2021. By the end of June 2025, both oil and natural gas output had surpassed levels recorded in the first half of 2024. Crude oil production rose by about 18 percent, from 504,000 tons in the first six months of 2024 to more than 593,000 tons.
Croatia: Household solar program pauses as 4,100 projects enter evaluation Read More »
The Environmental Protection and Energy Efficiency Fund will temporarily pause its public call for household solar installations starting 1 September. The call, which opened on 6 June 2025, has received around 4,100 project submissions and is now undergoing evaluation. The program supports households in adopting renewable energy, reducing greenhouse gas emissions, and increasing energy self-sufficiency.
US energy experts have met with the management of TPP Bobov Dol to discuss options for accelerating the plant’s environmental transition. Deputy CEO Ivelin Dimitrov hosted the talks with representatives from the energy solutions company Emtel. Discussions focused on gas-fired cogeneration as a quick pathway away from coal, with proposals for units that could replace
Bulgaria advances NPP Kozloduy nuclear expansion with first AP1000 reactors in Europe Read More »
Bulgaria is moving forward with its largest energy project in decades by advancing two new units at the Kozloduy nuclear power plant. Units 7 and 8 will use Westinghouse Electric’s AP1000 technology, marking the first reactors in Europe to be based on this design. Currently, only two plants worldwide operate with AP1000 units—one in the
Hidroelectrica is set to install a 64 MW battery energy storage system (BESS) next to the Portile de Fier 2 hydropower plant on the Danube, designed for a four-hour duration and a total storage capacity of at least 256 MWh. The company aims to award the contract by late autumn and complete the project within
Montenegro’s state-owned power utility, EPCG, has announced a call for bids to supply solar modules for its Kapino Polje L1 and L2 solar plants near Niksic. The procurement is divided into two lots. Lot 1 covers modules for Kapino Polje L2, with an estimated value of 525,000 euros, while Lot 2 covers modules for Kapino
Greece: Electricity market set for consolidation into four major suppliers by 2026 Read More »
Greece’s electricity retail market is entering a consolidation phase that analysts believe will result in four dominant suppliers. Smaller retailers with market shares just above 10 percent are seen as the most likely candidates for acquisitions or market exits as merger and acquisition activity accelerates. Public Power Corporation (PPC) remains the market leader with a
Bulgaria to allocate €23.3 million in July to offset household electricity costs Read More »
In July 2025, household electricity costs in Bulgaria will be partially offset through payments totaling just over 23.3 million euros to four suppliers: Elektrohold, EVN, Energo-Pro, and ESP Zlatni Pyasatsi. Under a new compensation scheme, suppliers are reimbursed for the difference between the market purchase price of electricity and a baseline set by the Energy
