Europe: Gas prices slide in Week 30 amid strong supply, cooling demand Read More »
In Week 30 of 2025, European gas prices declined, with Dutch TTF prices falling below €34/MWh — the lowest level recorded since April 29, 2025. This decrease was mainly driven by steady Norwegian gas supplies and continued progress in EU gas storage refilling. By the end of July, storage levels had surpassed 65% capacity, putting […]
Region: Heatwave drives SEE electricity prices to summer highs in Week 30 of 2025 Read More »
In Week 30 of 2025, electricity market prices rose significantly across most Southeast European (SEE) countries compared to the previous week. All markets recorded weekly average prices above €100/MWh, with the exception of Türkiye. This marked the highest price point since the start of summer. The price increase was mainly attributed to elevated electricity demand
The Serbian Energy Ministry has announced intentions to increase annual gas imports from Azerbaijan to 1 billion cubic meters, a rise of over 2.5 times the current agreement of 400 million cubic meters. Negotiations for new supply contracts are expected to begin soon, as existing agreements run through 2026 with an annual cap of 400
Serbia: US Treasury extends sanctions delay on NIS for fifth time Read More »
The US Treasury Department has postponed the activation of sanctions on Serbian oil company NIS for an additional 30 days, marking the fifth extension since January. Serbian Energy Minister Dubravka Djedović noted that securing a further, longer reprieve is currently not possible. She attributed the decision to the broader geopolitical situation and complex negotiations among
Romania: INVL Renewable Energy Fund I secures €29.3 million loan for 71 MW solar project Read More »
INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on renewable energy projects, has obtained a €29.3 million loan from Kommunalkredit Austria to finance the construction of a 71 MW solar power plant in Dolj County, Romania. This loan represents the second financing line from the European infrastructure lender Kommunalkredit to the
Croatia: Summary of Guarantees of Origin auctions for electricity held on 29 July Read More »
On 29 July, a total of 231,827 Guarantees of Origin (GOs) were sold in auctions organized by HROTE and ENNA Next. These auctions were conducted in five parallel sessions via CROPEX’s IT trading platform, covering GOs from wind, biogas, and solar power sources.
Bulgaria: TPP Maritsa 3 narrows loss to €2.7 million in first half of 2025 Read More »
Bulgarian thermal power plant Maritsa 3 reported a net loss of €2.7 million in the first half of 2025, a significant improvement compared to a €11.5 million loss during the same period in 2024. The company’s total revenues fell to €6.65 million, down from €12.9 million in the first six months of 2024. Total expenditures
The Bulgarian thermal power plant Bobov Dol posted a net profit of approximately €150,000 in the first half of 2025, down from €380,000 in the same period last year. Total revenues increased significantly by 68.8%, reaching €108.3 million compared to the first six months of 2024. However, total expenditures also rose by 69.6%, amounting to
The financial report for the first half of 2025 shows that the Bosanski Brod oil refinery incurred a net loss of €15.3 million, increasing its total accumulated losses to approximately €467 million. During the first six months of 2025, turnover rose to €13.3 million, up €5.1 million compared to the same period last year. However,
Distribution companies in the Republic of Srpska (RS) have formally requested a 40% hike in the electricity distribution network fee. Vladislav Vladičić, Chairman of the Regulatory Commission for Energy (RERS), confirmed that the proposal has been submitted. The Commission’s next meeting is scheduled for July 31, but it is still uncertain if the fee increase
