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 […]
Region: Romania and Serbia sign MoU to launch cross-border gas interconnection Read More »
Romania’s natural gas transmission system operator, Transgaz, and Serbia’s state gas company, Srbijagas, have signed a Memorandum of Understanding (MoU) to advance the development of a gas interconnection between the two countries. The agreement lays the foundation for cooperation by defining the main principles and organizational framework for future joint projects. As part of the
Region: North Macedonia and Serbia advance cross-border gas pipeline project Read More »
The national gas transmission operator of North Macedonia, Nomagas, and Serbia’s state gas company, Srbijagas, have signed a Memorandum of Understanding (MoU) to enhance their cooperation and accelerate the development of a cross-border gas interconnector. This agreement is a significant step toward streamlining the preparatory work for a key pipeline that will connect the gas
In Week 24 of 2025, electricity market prices declined across all Southeast European (SEE) countries except Italy and Türkiye. Despite ongoing tensions in the Middle East and rising gas prices, European electricity prices have generally decreased recently. This trend was mainly driven by increased renewable energy production and high gas reserve levels. The week started
Region: Hungary and Slovakia oppose EU plan to ban Russian gas imports by 2027 Read More »
Hungary and Slovakia have voiced strong opposition to the European Union’s proposal to halt imports of Russian gas and liquefied natural gas (LNG), a measure that Brussels is preparing to formalize in the near future. Despite the objections raised by these two countries, the new legislation may still advance without their support. The European Commission
Since its commercial launch at the end of 2022, the Greece-Bulgaria Gas Interconnector (IGB) has transported more than 34.5 million MWh of natural gas, according to an announcement by the pipeline’s operator on June 6. During the summer months, the IGB covers over 60% of Bulgaria’s natural gas supply, while in the winter this drops
Region: Preparations underway for Serbia–Hungary oil pipeline construction Read More »
Preparations are progressing for the construction of the Serbia–Hungary oil pipeline, with authorities working to secure the necessary location conditions. The upcoming stages will involve drafting the main design required for obtaining a construction permit and conducting an environmental impact assessment. These measures aim to accelerate the start of construction, according to Serbia’s Minister of
Serbia is making significant progress in developing its energy infrastructure as part of a broader strategy to align with the European Union’s energy market. A key step in this process is the ongoing development of a gas interconnector with North Macedonia. Funded by the EU, the feasibility study for this pipeline is expected to be
In Week 23 of 2025, electricity market prices surged across nearly all Southeast European (SEE) countries except Türkiye, driven by higher gas and CO₂ prices alongside reduced wind energy production. Prices started the week near €100/MWh, then gradually declined below €100/MWh, ending around €60/MWh on Sunday, June 8. All SEE countries saw double-digit electricity price
In Week 22 of 2025, electricity market prices in Southeastern Europe (SEE) generally declined across all countries except Italy. This trend was mainly influenced by lower gas and CO2 prices combined with increased wind energy production. The week began with prices around €100 per megawatt-hour (MWh), which gradually fell below €100/MWh and ultimately dropped to
