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Region: North Macedonia awards contract for gas interconnector with Greece Read More »

Region: North Macedonia awards contract for gas interconnector with Greece

North Macedonia’s state-owned gas transmission operator, Nomagas, has signed a contract with local construction firm Rapid Build to construct the country’s portion of a new natural gas interconnector with Greece. The project involves building a 68-kilometer pipeline, valued at €83.7 million. Energy Minister Sanja Bozinovska announced the deal, highlighting its strategic significance for regional energy […]

Region: Electricity prices plunge across SEE and Central Europe in Week 18 of 2025 Read More »

Region: Electricity prices plunge across SEE and Central Europe in Week 18 of 2025

In Week 18 of 2025 (April 28–May 4), electricity prices across South East Europe (SEE) and Central Europe declined significantly, influenced by lower gas prices, reduced demand, and a surge in renewable power generation. Prices in all SEE countries fell below €80/MWh, with Türkiye recording the lowest average at €44.63/MWh, followed by Greece at €54.42/MWh.

Region: Bulgaria remains key to Hungary’s natural gas security Read More »

Region: Bulgaria remains key to Hungary’s natural gas security

Bulgaria continues to play a vital role in ensuring Hungary’s natural gas supply, and will remain a dependable transit partner in the future, Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó stated in a Facebook post on April 23, following discussions with Bulgaria’s Energy Minister Zhecho Stankov. “We highly appreciate the responsible attitude of

Region: Southeast European electricity market sees price drop amid gas retreat and renewable surge Read More »

Region: Southeast European electricity market sees price drop amid gas retreat and renewable surge

In Week 17 of 2025, wholesale electricity prices declined across most Southeast European (SEE) countries, mainly due to a drop in natural gas prices and an increase in renewable energy generation. Spot prices across continental Europe have more than halved since early 2025, driven by a significant fall in regional gas costs, which are down

Region: Significant drop in electricity prices across SEE markets in Week 16 of 2025 amid lower demand and increased solar production Read More »

Region: Significant drop in electricity prices across SEE markets in Week 16 of 2025 amid lower demand and increased solar production

During Week 16 of 2025, electricity prices in the Southeast European (SEE) countries dropped across the board, influenced by a decline in electricity demand. Solar energy production also increased in most of the analysed markets. The week started with prices above €100/MWh but followed a downward trend throughout, ultimately dropping below €90/MWh by Sunday, April

Region: Bosnia and Herzegovina advances Western Gas Interconnection with Croatia Read More »

Region: Bosnia and Herzegovina advances Western Gas Interconnection with Croatia

Representatives from the Government of the Federation of Bosnia and Herzegovina (FBiH), three cantons, and the Brčko District have signed a memorandum of understanding to move forward with the Western Gas Interconnection project, linking Bosnia and Herzegovina to Croatia’s natural gas network. The new pipeline will trace a route from Lika Jesenica through Rakovica and

Region: Electricity market prices in SEE rise in Week 15 of 2025 amid declining demand and increased renewable generation Read More »

Region: Electricity market prices in SEE rise in Week 15 of 2025 amid declining demand and increased renewable generation

In Week 15 of 2025, electricity prices in most Southeastern European (SEE) countries saw a slight increase, with the exceptions of Italy and Greece. The price surge came as markets assessed the potential impact of new U.S. tariffs on energy and concerns about slowing global growth affecting demand, despite lower electricity demand and falling gas

Region: Greece highlights importance of gas interconnector with North Macedonia for European energy resilience Read More »

Region: Greece highlights importance of gas interconnector with North Macedonia for European energy resilience

Dimitris Skalkos, Secretary General for International Economic Affairs at the Greek Ministry of Foreign Affairs, emphasized the strategic significance of the upcoming gas interconnector with North Macedonia, stating it will bolster the resilience of Europe’s energy system. His remarks were made during the 11th Ministerial Meeting of the Southern Gas Corridor Advisory Council and the

Region: SEE electricity market sees price drop and decline in demand in Week 14 of 2025 Read More »

Region: SEE electricity market sees price drop and decline in demand in Week 14 of 2025

In Week 14 of 2025, electricity prices across Southeast Europe (SEE) saw a slight decrease, driven by lower electricity demand, falling gas and CO₂ prices, and increased solar energy production. Although prices initially surpassed €100/MWh, they gradually dropped throughout the week. Notably, Croatia and Serbia experienced the largest price reductions, with decreases of -23.52% and

Region: Ownership dispute and debt claims strain relations between Srbijagas and Gas Promet Read More »

Region: Ownership dispute and debt claims strain relations between Srbijagas and Gas Promet

Serbian state-owned gas company Srbijagas is currently in a dispute with Gas Promet from Pale, located in the Republic of Srpska (RS), over unresolved property and legal matters. The conflict arose after Srbijagas initiated legal proceedings against Gas Promet, which denies owing a debt of 1.5 million euros and refuses to record it in its

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