The average price of electricity on the day-ahead market of the Romanian energy exchange OPCOM reached €117.64/MWh in December 2025. This represents a 16.62% decrease compared with December 2024 and a 3.16% drop from the previous month, when the average baseload price was €121.48/MWh. Total traded volume in December amounted to 1.47 million MWh, down […]
Montenegro explores gas-fired power expansion with EPCG feasibility study Read More »
Montenegrin state-owned utility EPCG has completed a comprehensive feasibility study evaluating the potential construction of gas-fired power plants at several sites across the country. The study considers generation capacities ranging from 50 MW up to 400 MW, with candidate locations identified in Bar, Podgorica, Pljevlja, and Niksic. Prepared by SS&A Power Consultancy, the analysis concludes
According to Helleniq Energy CEO Andreas Shiamishis, fuel flows between Greece and North Macedonia have resumed after the Thessaloniki–Skopje oil pipeline officially returned to service at the end of last year. The pipeline is once again functioning as a north–south supply route for refined petroleum products, with diesel identified as the primary commodity transported. Company
Croatia: CROPEX introduces shorter lead times on intraday continuous market Read More »
The Croatian energy exchange CROPEX announced changes to the intraday continuous market for the delivery day of 14 January 2026, with trading for the revised products opening on 13 January 2026. Key updates include: CROPEX explained that these changes aim to provide market participants with greater trading flexibility, improved operational efficiency, and the ability to
Bulgaria’s energy regulator KEVR has taken another step toward reforming the electricity market by launching a public discussion on proposed changes to the country’s electricity trading framework. The discussion brought together a broad range of stakeholders, including representatives from the country’s three electricity distribution companies, Sofia Municipality, and the Bulgarian Association of Electrical Engineering and
Plans for a major wind project on Mount Leotar above Trebinje are moving forward after Zhongbo Group submitted a request for a preliminary environmental impact assessment to the Ministry for Spatial Planning, Construction and Ecology of the Republic of Srpska (RS). The project, now named Leotar and previously known as Trebinje 1, is designed with
The Government of the Republic of Srpska (RS) is expected to make a final decision next week on transferring coal mining concession rights from Comsar Energy RS to RiTE Ugljevik, announced Energy and Mining Minister Petar Djokic. Minister Djokic stated that the cabinet has now been fully briefed on the steps already taken to facilitate
Europe: Gas reserves decline rapidly as winter drives record withdrawals Read More »
Europe’s underground gas reserves have been declining rapidly as winter conditions intensify across the continent. As of 9 January, storage sites held approximately 56.3 billion cubic meters of gas, equal to around 55.5% of total capacity, according to Gas Infrastructure Europe. Storage levels in several major markets were already well below the European average at
Slovenia’s TPP Šoštanj has completed its first full year operating the district heating public service for the Šaleška Valley, reporting strong operational performance. Over the past year, the plant generated 276 GWh of heat and 1,848 GWh of electricity, successfully fulfilling its primary mandate of providing uninterrupted heat supply to the region. Management noted that
Romania: Vacareni wind farm secures €100 million financing to advance 102 MW project Read More »
A new utility-scale wind project in Romania has reached a major financial milestone, with developers securing a substantial €100 million project finance package to support the construction and operation of the Vacareni wind farm. The project is being developed by BIG MEGA Renewable Energy, a joint venture between BIG Shopping Centers and MEGA OR Holdings.
