TTF gas futures experienced mild upward pressure following the European Union’s approval of a new sanctions package against Russia, which includes a ban on Russian LNG imports effective from 2027. While the announcement initially boosted market sentiment, the impact was limited by strong supply conditions and storage facilities near full capacity across Europe. As a […]
During Week 43 of 2025, electricity market prices in Southeast Europe (SEE) declined noticeably compared to Week 42, mainly due to mild weather conditions and increased power generation from wind farms. Despite the decrease, all SEE markets recorded weekly average prices above €108/MWh, except Türkiye. Croatia and Romania registered the steepest price drops, at -19.19%
Region: SEE power prices fall on mild weather and strong wind generation in Week 43 Read More »
Slovenia’s only nuclear power plant, Krško, was reconnected to the national electricity grid on Tuesday, 28 October, following the completion of its scheduled maintenance program. Over the next several days, the plant will gradually increase power output in line with strict safety procedures, the operator announced. The month-long overhaul, which began on 28 September, included
Slovenia: NPP Krško back online after scheduled maintenance completion Read More »
According to diplomatic sources quoted by Serbian media, the United States sees only two possible solutions to the issue surrounding Serbian oil company NIS, which remains under U.S. sanctions because of its Russian ownership. The first option would involve selling the Russian-held shares to a company with no ties to Russia, while the second would
The Čibuk 2 wind farm, located in the municipality of Kovin in southern Banat, officially began trial operation on 21 October. So far, 35 MW of installed capacity has been connected to Serbia’s national electricity grid. The installation of all turbines is expected to be completed by mid-November, with the full 154 MW facility scheduled
Romanian natural gas producer Romgaz has issued a new six-year bond worth 500 million euros with a fixed interest rate, marking its second successful venture into international capital markets. The bond issuance took place on 28 October and follows a similar 500 million euro five-year bond launched in October 2024. Both transactions are primarily intended
Fuel production has resumed at MOL’s Százhalombatta refinery, operating at reduced capacity as the company gradually brings back online units unaffected by the recent fire. MOL confirmed that the restart process is on schedule and that Hungary’s domestic fuel supply remains stable and fully secured. The fire broke out on 20 October at the AV3
Hungary: MOL resumes fuel production at Százhalombatta refinery following fire incident Read More »
Slovakia’s Slovnaft refinery, part of Hungary’s MOL Group, has accused Croatian state-owned pipeline operator JANAF of restricting deliveries of non-Russian crude oil, citing what it called technical limitations. The refinery claims that this move jeopardizes ongoing efforts to reduce reliance on Russian oil. JANAF, however, rejected the accusations, insisting that it has fully met all
At the guarantees of origin (GO) auctions for electricity held on 29 October, a total of 205,606 GOs offered by HROTE, ENNA Next, and INA were successfully sold. The auctions were conducted as six parallel sessions through CROPEX’s IT trading platform, covering electricity generated from wind, biogas, and solar sources. HROTE sold 172,213 GOs from
Croatia: Over 205,000 guarantees of origin sold latest renewable energy auctions Read More »
Bulgaria’s state-owned gas supplier Bulgargaz has proposed an increase in the wholesale natural gas price for November 2025. The suggested price is around 33.7 euros per megawatt-hour, representing a 7.88 percent rise compared to October’s approved price of about 31.2 euros per megawatt-hour, which itself was around 1 percent higher than in September. The company
Bulgaria: Bulgargaz proposes November gas price increase amid rising seasonal demand Read More »
