According to data published by Bulgaria’s electricity transmission system operator, ESO, electricity production in Bulgaria between January 1 and March 30, 2025, increased by 16.83% compared to the same period in 2024, reaching a total of 11.74 TWh. During this period, electricity consumption in Bulgaria also saw a rise of 7.77%, reaching 11.14 TWh. As […]
Europe: Wind turbine orders surge in Q4 2024, with Germany, UK and Turkey leading Read More »
In the fourth quarter of 2024, a total of 16 European countries placed orders for wind turbines, reaching a combined capacity of 9.3 GW. This marks a significant 121% increase compared to the previous quarter and a 77% rise from the same period the previous year. Germany led the way with the largest order volume,
Serbia: SEEPEX sees 7.6% increase in March 2025 electricity trading volumes Read More »
In March 2025, a total of 509,291.6 MWh of electricity was traded on the day-ahead market of the Serbian Energy Exchange (SEEPEX), marking a 7.6% increase from the previous month. This amounts to an average of 16,428.8 MWh per day. Compared to March 2024, the trading volume surged by 43.6%. The average daily base price
Hungary inks deal with Belarus to help build nuclear reactor Read More »
Hungarian Foreign Minister Peter Szijjarto said that the government signed an accord with Belarus to help build Hungary’s second nuclear plant. Nuclear power plant Paks 2 has been under construction by Russia’s Rosatom since 2014. The Russian company is building two reactors with a capacity of 1.200 MW each in central Hungary. -Of great importance
Bulgaria: NPP Kozloduy to cut Russian fuel supplies Read More »
Kozloduy Nuclear Power Plant decided to terminate the contract with Russia for the supply of nuclear fuel, executive director Valentin Nikolov said. The contract was due to end in 2025. He added that Russian fuel already delivered will now serve as a reserve. He made the comments during a ceremony marking the loading of the
Greece: Exploratory drilling in Eastern Mediterranean to start by 2026 Read More »
The first exploratory drilling in the Eastern Mediterranean is projected to commence between late 2025 and early 2026, according to Greek Environment and Energy Minister Theodoros Skylakakis. He made this announcement during the “East Mediterranean Gas Forum” meeting held in Athens. Skylakakis emphasized the increasing significance of the Eastern Mediterranean region for European energy security
Romania: Black Sea Oil & Gas launches new biogas business Read More »
Black Sea Oil & Gas SA (BSOG) and its shareholders, global investment firm Carlyle and the European Bank for Reconstruction and Development (EBRD) announce that it has launched BSOG Energy SRL, a new company focused on developing biogas production plants across Romania. Headquartered in Bucharest, Romania, BSOG Energy will develop biogas plants across Romania with
Greece: Renewable energy production exceeded 8 TWh in the first four months Read More »
In the first four months of 2024, renewable energy sources surpassed fossil fuels in Greece’s electricity mix for the first time, reducing the sector’s emissions to a new low. Renewable energy sources plus large hydro accounted for 8.09 TWh of total production from January through April, while natural gas, lignite and oil contributed 498 GWh
Europe: Confirmation of the go-live date for Intraday Auctions on June 13 Read More »
Following extensive testing and go-live preparation for the upcoming Intraday Auctions (IDAs), Nominated Electricity Market Operators (NEMOs) and Transmission System Operators (TSOs) confirmed the IDA go-live date of June 13, 2024, for delivery on June 14, 2024. The first SIDC auction will take place on 13 June 2024 at 3 PM CET. Pricing the intraday
Romania: TMK Hydroenergy commissioned a 1 MW floating solar power plant Read More »
TMK Hydroenergy Power, in partnership with Innovation Norway, developed the first floating photovoltaic energy system in Romania, on the lake of the Grebla hydropower plant, a landmark in renewable energy and produces over 1 million kWh of green energy annually. The initiative represents a pioneering action and marks a significant step towards sustainability, through the simultaneous
