Europe: Electricity prices in Southeast and Central Europe surge in Week 39 of 2025 Read More »

Europe: Electricity prices in Southeast and Central Europe surge in Week 39 of 2025

During Week 39 of 2025, electricity market prices recovered significantly compared to Week 38 across Southeast European countries. All markets reported weekly average prices above €90/MWh, with Italy and Hungary exceeding €100/MWh. The increase was driven by rising weekly gas and CO2 emission allowance prices, even though electricity demand declined in most markets, along with […]

Serbia: Russian negotiators propose ownership and supply changes to shield NIS from US sanctions Read More »

Serbia: Russian negotiators propose ownership and supply changes to shield NIS from US sanctions

As US sanctions targeting Serbian Russian-owned oil company NIS approach their 8 October enforcement date, Russian negotiators have put forward several proposals aimed at avoiding restrictions, according to Serbian media reports. One proposal reportedly involves transferring the 11.3 percent stake in NIS, recently moved by Gazprom to its subsidiary Intelligence, to an American company. This

Serbia: SEEPEX reports September 2025 day-ahead market activity with rising prices despite lower trading volumes Read More »

Serbia: SEEPEX reports September 2025 day-ahead market activity with rising prices despite lower trading volumes

In September 2025, a total of 457,625 MWh of electricity was traded on the day-ahead market of the Serbian energy exchange SEEPEX, marking a 4.3 percent decrease compared to August, with an average of 15,254.2 MWh per day. Trading volumes were also 9.9 percent lower than in the same month of the previous year. The

E.ON Energie Romania delivers 400th solar power plant, expands into long-term energy agreements Read More »

E.ON Energie Romania delivers 400th solar power plant, expands into long-term energy agreements

E.ON Energie Romania has reached a major milestone with the completion and delivery of its 400th turnkey solar power plant for partner companies, achieved in September. The total value of these projects exceeds 75 million euros. The solar facilities, installed across multiple partner locations, cover more than 374,000 square meters and include approximately 187,000 panels.

Hungary secures 10-year LNG supply deal with Engie to bolster energy security Read More »

Hungary secures 10-year LNG supply deal with Engie to bolster energy security

Hungary has concluded its longest-ever liquefied natural gas (LNG) supply agreement with French company Engie, securing long-term energy stability through a 10-year contract running from 2028 to 2038. Under the deal, Hungary will import 400 million cubic meters of LNG annually, amounting to a total of 4 billion cubic meters over the contract period. Deliveries

Bulgaria: Sunterra RE expands battery storage capacity at Kaloyanovo solar power plant Read More »

Bulgaria: Sunterra RE expands battery storage capacity at Kaloyanovo solar power plant

Bulgarian renewable energy company Sunterra RE has expanded the capacity of its Kaloyanovo solar power plant near Plovdiv by installing an additional battery energy storage system (BESS). The new system provides 47 MW of installed power and 94 MWh of storage capacity. The project is intended to enhance grid stability by storing surplus solar energy

Serbia to convert Kolubara A thermal power plant into 71 MW solar facility, public review scheduled Read More »

Serbia to convert Kolubara A thermal power plant into 71 MW solar facility, public review scheduled

Serbia’s Spatial and Urban Planning Agency has announced a public review for the proposed urban and architectural plan to convert the Kolubara A thermal power plant into a solar energy facility. The project involves decommissioning the existing ash, slag, and coal landfills to prepare the site for renewable energy infrastructure. The concept was developed by

Romania: Hidroelectrica signs €20M maintenance deal with Vestas for Crucea Nord wind farm and plans 36 MW battery storage integration Read More »

Romania: Hidroelectrica signs €20M maintenance deal with Vestas for Crucea Nord wind farm and plans 36 MW battery storage integration

Hidroelectrica has selected the local subsidiary of Danish wind turbine manufacturer Vestas to handle maintenance for the wind turbines at the Crucea Nord wind farm. The five-year agreement, valued at €20 million before VAT, covers full upkeep of the Vestas V112 – 3 MW MK1a turbines and associated SCADA, PPC, and AEOS control systems. Under

Greece: EIB approves €25.9 million green financing for Iberdrola’s Gatza wind farm Read More »

Greece: EIB approves €25.9 million green financing for Iberdrola’s Gatza wind farm

The European Investment Bank (EIB) has approved a green financing package of €25.9 million to support the construction of a new wind farm in central Greece by Spanish energy company Iberdrola. The Gatza wind farm will be situated across the municipalities of Orchomenou and Lokron in the Viotia and Fthiotida regions. Upon completion, the project

Greece and Egypt sign MoU to advance GREGY subsea electricity interconnection project Read More »

Greece and Egypt sign MoU to advance GREGY subsea electricity interconnection project

Greece’s and Egypt’s electricity transmission system operators, ADMIE and EETC, have formalized cooperation with ELICA, a subsidiary of the Copelouzos Group, through a newly signed Memorandum of Understanding (MoU) on the GREGY project. The agreement advances the GREGY electricity interconnection project, a planned subsea link between Egypt and Greece, which is recognized as both a

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