North Macedonia: EVN Group invests €10.4 million in upgrading electricity network Read More »

North Macedonia: EVN Group invests €10.4 million in upgrading electricity network

In the first half of 2025, EVN Group’s electricity distribution arm, Elektrodistribucija, completed a series of major infrastructure projects to modernize and strengthen North Macedonia’s low-voltage electricity network. The initiative aimed to improve network reliability, reduce transmission losses, and integrate advanced technologies into daily operations. As part of the modernization program, 135 kilometers of new […]

MOL refinery fire under control as Hungary assesses impact on fuel supply Read More »

MOL refinery fire under control as Hungary assesses impact on fuel supply

Hungarian oil and gas company MOL announced that it has started restarting unaffected units at its Danube refinery after a major overnight fire. Fire crews remain on-site as safety inspections continue. The company confirmed that the fire is now under control, the area has been secured, and an investigation has been launched to determine the

EU gas phase-out puts Greece at the center of Europe’s new energy map – but exposes storage weaknesses Read More »

EU gas phase-out puts Greece at the center of Europe’s new energy map – but exposes storage weaknesses

The European Union’s plan to end Russian gas imports by 2027 presents Greece with both major opportunities and serious challenges. On the positive side, the country’s expanding liquefied natural gas (LNG) infrastructure — anchored by the Revythoussa terminal near Athens and the Alexandroupoli floating storage and regasification unit (FSRU) — is positioning Greece as a

Bulgaria: Black Sea gas development could boost GDP and energy independence Read More »

Bulgaria: Black Sea gas development could boost GDP and energy independence

A new analysis by EY, commissioned by OMV Petrom and NewMed Energy, suggests that developing natural gas reserves in Bulgaria’s section of the Black Sea could bring substantial economic and strategic benefits. According to the report, every 1 billion euros invested in offshore gas projects could add up to 5.2 billion euros to Bulgaria’s national

EU approves phased ban on Russian gas, Serbia faces supply challenges Read More »

EU approves phased ban on Russian gas, Serbia faces supply challenges

The Council of the European Union has approved a draft regulation introducing a phased ban on imports of Russian natural gas. Under the new rules, imports of Russian gas—whether by pipeline or in liquefied form—will be prohibited starting 1 January 2026, with transitional measures for existing contracts. The full ban is scheduled to take effect

North Macedonia: AFD awards €600,000 grant to MEPSO to modernize and digitalize power grid Read More »

North Macedonia: AFD awards €600,000 grant to MEPSO to modernize and digitalize power grid

The French Development Agency (AFD) has granted North Macedonia’s electricity transmission system operator MEPSO 600,000 euros to support the modernization and digitalization of the country’s electricity transmission network. The non-repayable funding will provide technical assistance aimed at improving system efficiency, enhancing network reliability, reducing technical losses, and preparing MEPSO for higher integration of renewable energy

Region: Greece and Italy advance GRITA2 project to triple cross-border electricity capacity Read More »

Region: Greece and Italy advance GRITA2 project to triple cross-border electricity capacity

Greece and Italy have advanced plans for their second electricity interconnection, GRITA2, following the inaugural meeting of the Steering and Governance Committee in Rome last week. The two transmission system operators, ADMIE and Terna, have already made substantial progress. GRITA2 has completed feasibility studies and has been included in ENTSO-E’s Ten-Year Network Development Plan. The

Croatia: CROPEX records all-time high day-ahead trading volume of 50,747 MWh Read More »

Croatia: CROPEX records all-time high day-ahead trading volume of 50,747 MWh

At the day-ahead auction held on 20 October 2025 on the Croatian electricity exchange CROPEX for delivery on 21 October, the total traded volume on the day-ahead market reached 50,747.1 MWh. The highest hourly volume was recorded in the 35th position (15-minute MTU) with 2,501 MWh traded. This marks the highest daily traded volume on

Bulgaria boosts power generation by 7.3% in 2025, driven by renewables and baseload growth Read More »

Bulgaria boosts power generation by 7.3% in 2025, driven by renewables and baseload growth

According to data published by Bulgaria’s electricity transmission system operator ESO, the country’s electricity production between 1 January and 19 October 2025 reached 32.34 TWh, marking a 7.3 percent increase compared to the same period in 2024. Electricity consumption also rose by 6.33 percent, totaling 30.14 TWh, resulting in net exports of around 2.2 TWh

Bosnia and Herzegovina awaits new Gazprom gas deal as one-month extension nears expiry Read More »

Bosnia and Herzegovina awaits new Gazprom gas deal as one-month extension nears expiry

Both entities of Bosnia and Herzegovina — the Republic of Srpska (RS) and the Federation of Bosnia and Herzegovina (FBiH) — are still waiting for a renewed natural gas supply contract with Russia’s Gazprom Export. The previous agreement was extended by an annex for only one month, while expectations remain that a new deal will

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