The Bulgarian Government has placed high priority on expanding the Kozloduy nuclear power plant with two new reactors and developing four additional pump-storage hydropower facilities. These flagship projects aim to establish a secure, competitive, and environmentally friendly energy system aligned with EU climate objectives. Energy Minister Zhecho Stankov announced that unit 7 at Kozloduy is […]
Bulgaria: Growth in electricity trading on Bulgarian Energy Exchange IBEX in June 2025 Read More »
In June 2025, a total of 2,285,322.2 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), representing a 2.7% increase compared to the previous month. The average daily traded volume for June was 76,177.4 MWh. Compared to June of the previous year, the traded volume rose by 8.6%.
Serbia: Kragujevac launches €44 million citywide gasification project Read More »
A new framework agreement valued at 44 million euros has been signed to expand the natural gas infrastructure throughout the city of Kragujevac in central Serbia. The project will be implemented by local company DM Invest in partnership with state-owned gas utility Srbijagas as part of a comprehensive gasification program. Mayor Nikola Dasic emphasized the
Region: Serbia and Hungary finalize plans for cross-border crude oil pipeline Read More »
Serbian state-owned company Transnafta and Hungarian energy group MOL have agreed on the technical specifications for a new crude oil pipeline that will connect the two countries. According to the Serbian Ministry of Energy, the pipeline will cover 113 kilometers within Serbian territory and will be capable of transporting up to 5 million tons of
Romania: Over 100,000 households switch electricity providers in June as market reopens Read More »
Following the full re-liberalization of Romania’s energy market, consumers have swiftly moved to take advantage of competitive offers. In June alone, more than 108,000 households switched electricity providers, bringing the total number of changes since the return of market competition to over 234,000. A significant portion of these customers have turned to Hidroelectrica, the country’s
Romania: Eurowind Energy expands wind portfolio with 138 MW project pipeline Read More »
Eurowind Energy Romania has announced three new onshore wind projects—Frumusita, Vector, and Pecineaga NorthEst—adding a combined capacity of 138 megawatts (MW) to its growing portfolio. The projects will utilize 23 Vestas V162-6.2 MW turbines from the EnVentus platform, strengthening the ongoing partnership between the Danish firms in the Romanian renewable energy sector. Turbine delivery is
Bulgaria: Parliament rejects proposal for state takeover of electricity distributors Read More »
The Bulgarian Parliament has voted against a proposal to bring the country’s three electricity distribution companies under state ownership. The motion, submitted by the Morality, Unity, Honour (MECh) party, aimed to require the Council of Ministers to prepare a financing plan for the state acquisition of Electrodistribution Grid West, Electrodistribution North, and Elektrorazpredelenie Yug, including
Bulgaria: Growth in electricity production and exports in first half of 2025 Read More »
According to data from the Bulgarian electricity transmission system operator ESO, electricity production in Bulgaria between 1 January and 15 June 2025 increased by 13.42 percent compared to the same period in 2024, reaching 20.63 terawatt-hours (TWh). Electricity consumption in the country also rose during this period, recording a 6.82 percent increase to a total
Dutch wholesale gas prices dropped more than 10% in Week 26, following news of a ceasefire agreement between Iran and Israel that removed market fears of potential oil and gas supply disruptions. TTF gas futures on the ICE market, Europe’s benchmark for contracts delivering in August 2025, traded around €36/MWh for most of the week.
In Week 26 of 2025, electricity prices across Southeast European (SEE) countries surged compared to the previous week, surpassing €90/MWh despite a decline in gas prices. Prices started the week around €95/MWh for all SEE countries, peaked above €100/MWh on June 26, and then declined toward the week’s end. Most SEE countries saw single-digit percentage
