Bulgaria to allocate €23.3 million in July to offset household electricity costs Read More »

Bulgaria to allocate €23.3 million in July to offset household electricity costs

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 […]

Bulgaria sees surge in electricity production and exports in 2025 Read More »

Bulgaria sees surge in electricity production and exports in 2025

According to data from the Bulgarian electricity transmission system operator ESO, electricity production in Bulgaria between 1 January and 17 August 2025 rose by 9.2 percent compared to the same period in 2024, reaching 25.81 TWh. Electricity consumption in the same period increased by 5.98 percent, totaling 24.2 TWh. As a result, net electricity exports

Romania: Econergy commissions 87 MW Oradea solar power plant, expands renewable portfolio to 447 MW Read More »

Romania: Econergy commissions 87 MW Oradea solar power plant, expands renewable portfolio to 447 MW

Econergy Renewable Energy has commissioned its 87 MW Oradea solar power plant, increasing the company’s connected and ready-to-connect portfolio in Romania to 447 MW. The Oradea facility is Econergy’s fourth operational solar asset in the country. The project was developed in partnership with Phoenix Holdings, which has committed over 225 million euros to Econergy’s initiatives

Romania: Transgaz posts €104 million net profit in H1 2025, up 282% year-on-year Read More »

Romania: Transgaz posts €104 million net profit in H1 2025, up 282% year-on-year

Romanian natural gas transmission operator Transgaz reported a group-level net profit of 104 million euros in the first half of 2025, marking a 282 percent increase compared to the same period in 2024. Consolidated gross profit also rose sharply, up 272 percent or 77 million euros versus H1 2024. The company’s core performance showed significant

Romania sees slight rise in electricity consumption despite drop in domestic production in H1 2025 Read More »

Romania sees slight rise in electricity consumption despite drop in domestic production in H1 2025

According to data from the National Institute for Statistics (INS), Romania’s electricity consumption in the first half of 2025 reached 24.87 TWh, up 0.5 percent compared to the same period in 2024. Industrial electricity consumption totaled 18.65 TWh, a decrease of 0.9 percent, while household consumption rose 5.3 percent to 6.02 TWh. Public lighting usage

Montenegro concludes public consultation on draft National Energy and Climate Plan Read More »

Montenegro concludes public consultation on draft National Energy and Climate Plan

Montenegro’s public consultation on the draft National Energy and Climate Plan (NECP) concluded last week. The Ministry of Energy stated that a consultation report along with the final plan could be published within the next two months. A decision on which major hydropower project will start construction first is expected by the end of the

Montenegro: EPCG and EBRD secure €25 million for Gvozd 2 wind farm expansion Read More »

Montenegro: EPCG and EBRD secure €25 million for Gvozd 2 wind farm expansion

Montenegro’s state-owned power utility EPCG and the European Bank for Reconstruction and Development (EBRD) have signed an additional 25 million euro loan to finance Gvozd 2, the expansion of the Gvozd wind farm. The upgrade will add three new turbines, increasing the project’s installed capacity to 75.6 MW — the highest for a single plant

Bosnia and Herzegovina: Republic of Srpska opens tender for 7.95 MW solar power plant near Trebinje Read More »

Bosnia and Herzegovina: Republic of Srpska opens tender for 7.95 MW solar power plant near Trebinje

The Ministry of Energy and Mining of the Republic of Srpska has launched a tender for a concession to build and operate the SET 1 solar power plant near Trebinje. The planned facility will have an installed capacity of 7.95 MW and is expected to generate around 11.457 GWh of electricity annually. The investment is

Europe: Gas prices hit 2025 lows on hopes of Ukraine ceasefire and softer supply conditions Read More »

Europe: Gas prices hit 2025 lows on hopes of Ukraine ceasefire and softer supply conditions

European natural gas prices fell to their lowest point of 2025 on Monday, as intensified diplomatic efforts toward a potential Ukraine ceasefire raised expectations of looser supply conditions. At the TTF hub in Amsterdam, front-month futures dropped by more than 1.9 percent in early trading to 30.43 euros per megawatt-hour. Prices had already weakened late

Europe: EU plans to end Russian LNG imports by 2028 as reliance persists in several states Read More »

Europe: EU plans to end Russian LNG imports by 2028 as reliance persists in several states

The European Union imported around 4.48 billion euros worth of liquefied natural gas (LNG) from Russia in the first half of 2025, an increase from 3.47 billion euros in the same period of 2024, according to Eurostat. Total EU LNG imports between January and June 2025 amounted to about 26.9 billion euros, with the United

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