Hungary confirms Paks II nuclear expansion on track despite EU Court ruling
Hungarian Minister of Foreign Affairs and Trade, Peter Szijjártó, stated that the recent European Court of Justice ruling will not […]
Montenegro: Average household electricity bills drop in August 2025
In August 2025, the average electricity bill for Montenegrin households was €39.45, down 1.8% from July (€40.19) and 10.8% lower
Hungary: MOL and O&GD begin production from new Galgaheviz oil well
Hungarian energy company MOL, in partnership with Dutch-owned O&GD, has started production from a new oil discovery near Galgaheviz at
Greece: Major Greek-Israeli consortium advances 600 million euro Larissa gas power plant
Greece’s upcoming combined cycle gas turbine power plant in Larissa, valued at nearly €600 million, is drawing strong competition from
Greece cuts electricity losses through anti-theft measures
The Greek electricity distribution operator DEDDIE (HEDNO) reported a significant reduction in electricity losses, dropping to 10.9% in 2024 from
Bulgaria approves state-guaranteed loans to expand gas transmission network
The Bulgarian government will provide state guarantees for loans totaling €127.3 million to support Bulgartransgaz’ investment in the Vertical Gas
Region: Saharan dust significantly reduces solar power output
A new study highlights that Saharan dust events (SDEs) are having a major impact on solar electricity production across the
European gas prices stable in early September as LNG supplies and storage support market
European natural gas prices remained relatively stable in early September, supported by coordinated global LNG imports that maintained adequate storage
Region: SEE electricity markets see moderate price rise and increased demand in Week 36 of 2025
During Week 36 of 2025, electricity market prices across Southeast Europe (SEE) rose moderately compared to Week 35. Most markets
Romania: Strabag begins turbine installation at largest wind farm in Vaslui County
Strabag Romania has reached a key stage in the development of the Deleni wind farm in Vaslui County, part of
Montenegro to sign MoU with Japan’s JERA for potential LNG terminal and gas-fired power plant
The Montenegrin Government is set to sign a Memorandum of Understanding with Japan’s energy company JERA, paving the way for
Hungary: MVM launches construction of 540 MW gas-fired power plant in Matra region
Hungary’s state-owned energy group MVM has begun construction of a new combined-cycle gas turbine (CCGT) power plant in the Matra