In Week 19 of 2025, TTF gas futures experienced a significant rally, rising by 5.5%—the largest daily increase since mid-March. This surge was mainly driven by the European Union’s newly unveiled plan to completely phase out Russian gas imports by the end of 2027. The policy includes the termination of long-term contracts for Russian gas […]
Region: SEE electricity prices surge amid higher demand and energy costs Read More »
In Week 19 of 2025, electricity prices across Southeast Europe (SEE) saw significant increases, driven by higher gas and CO₂ costs, as well as increased electricity demand due to lower-than-average temperatures. Prices started the week around €100/MWh and gradually dropped, falling below €70/MWh by Sunday, May 11. Among SEE countries, Bulgaria and Greece recorded the
Romania: Court rules in favor of Neptun Deep gas project, rejecting Greenpeace lawsuit Read More »
The Neptun Deep gas project, developed by OMV Petrom and Romgaz, is progressing despite legal challenges from the environmental NGO Greenpeace, according to Romanian Energy Minister Sebastian Burduja. The Bucharest Court recently ruled in favor of the project developers, dismissing Greenpeace’s lawsuit and ordering the NGO to pay compensation to Romgaz and OMV Petrom. Minister
Turkish company Yesilyurt Enerji is set to acquire a 41 MW solar project in Dâmbovița County, southern Romania. The project has reached the “ready-to-build” phase, meaning that construction can begin as all necessary permits have been secured. Founded in 2010, Yesilyurt Enerji began producing electricity in 2013 with the construction of a gas-fired power plant
Romania: Alive Capital develops 23 MW solar power plant with energy storage component Read More »
Since 2013, the Romanian company Alive Capital has been providing integrated management services to renewable energy producers. Recently, the company completed the development of a solar power plant with an installed capacity of 23 MW, supported by funding from the National Recovery and Resilience Plan (PNRR). The Da Vinci New Project, located in Nanov, Teleorman
Montenegro’s April 2025 electricity bills: Decrease from March, increase from last year Read More »
In April 2025, the average electricity bill for households in Montenegro was 32.15 euros, reflecting a 16.5% decrease compared to the previous month (38.48 euros) and an 11.9% increase from April 2024 (28.73 euros). The lowest average bill was recorded in the municipality of Žabljak, at 20.4 euros, while the highest was in Tivat, where
Region: Italy and Greece to build new undersea power interconnector Read More »
Italian electricity transmission operator Terna and its Greek counterpart ADMIE have signed an agreement to construct a new undersea electricity interconnector between the two countries. The project, valued at nearly 2 billion euros, is intended to strengthen the energy link between Italy and Greece and improve the resilience of the European electricity network. The decision
HROTE, ENNA, and CROPEX have announced upcoming auctions for Guarantees of Origin (GOs) to be held on May 20, 2025. The auctions will be conducted through CROPEX’s IT trading platform and will feature GOs from electricity generated by wind power plants. HROTE will offer a total of 226,961 Guarantees of Origin for electricity produced under
The Gacko and Ugljevik thermal power plants, the two largest electricity producers in Republika Srpska (RS), are scheduled to undergo overlapping maintenance in late May, leading to a temporary halt in their operations. As both plants will be offline for approximately 15 days, the state-owned utility company Elektroprivreda Republike Srpske (ERS) will be required to
The Minister of Energy and Mining of Republika Srpska, Petar Djokic, announced that construction of the main gas pipeline in the eastern part of the entity is set to begin in June. The project is expected to stimulate economic development in municipalities that will be connected to the new gas network. After a meeting with
