EU approves phased ban on Russian gas, Serbia faces supply challenges

The Council of the European Union has approved a draft regulation introducing a phased ban on imports of Russian natural gas. Under the new rules, imports of Russian gas—whether by pipeline or in liquefied form—will be prohibited starting 1 January 2026, with transitional measures for existing contracts. The full ban is scheduled to take effect […]

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North Macedonia: AFD awards €600,000 grant to MEPSO to modernize and digitalize power grid

The French Development Agency (AFD) has granted North Macedonia’s electricity transmission system operator MEPSO 600,000 euros to support the modernization and digitalization of the country’s electricity transmission network. The non-repayable funding will provide technical assistance aimed at improving system efficiency, enhancing network reliability, reducing technical losses, and preparing MEPSO for higher integration of renewable energy

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Region: Greece and Italy advance GRITA2 project to triple cross-border electricity capacity

Greece and Italy have advanced plans for their second electricity interconnection, GRITA2, following the inaugural meeting of the Steering and Governance Committee in Rome last week. The two transmission system operators, ADMIE and Terna, have already made substantial progress. GRITA2 has completed feasibility studies and has been included in ENTSO-E’s Ten-Year Network Development Plan. The

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Croatia: CROPEX records all-time high day-ahead trading volume of 50,747 MWh

At the day-ahead auction held on 20 October 2025 on the Croatian electricity exchange CROPEX for delivery on 21 October, the total traded volume on the day-ahead market reached 50,747.1 MWh. The highest hourly volume was recorded in the 35th position (15-minute MTU) with 2,501 MWh traded. This marks the highest daily traded volume on

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Bulgaria boosts power generation by 7.3% in 2025, driven by renewables and baseload growth

According to data published by Bulgaria’s electricity transmission system operator ESO, the country’s electricity production between 1 January and 19 October 2025 reached 32.34 TWh, marking a 7.3 percent increase compared to the same period in 2024. Electricity consumption also rose by 6.33 percent, totaling 30.14 TWh, resulting in net exports of around 2.2 TWh

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Bosnia and Herzegovina awaits new Gazprom gas deal as one-month extension nears expiry

Both entities of Bosnia and Herzegovina — the Republic of Srpska (RS) and the Federation of Bosnia and Herzegovina (FBiH) — are still waiting for a renewed natural gas supply contract with Russia’s Gazprom Export. The previous agreement was extended by an annex for only one month, while expectations remain that a new deal will

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Europe: EU agrees to end all Russian gas imports by 2027 in landmark energy shift

European Union member states have reached an agreement to completely end imports of Russian natural gas by the end of 2027, marking a major step toward reducing the bloc’s long-standing energy dependence on Russia. The decision, approved by EU Energy Ministers during a meeting in Luxembourg, supports the European Commission’s proposal to phase out both

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Serbia: EU Carbon Border Tax poses major challenge for power sector and energy transition

From 2026, Serbia will fall under the EU’s Carbon Border Adjustment Mechanism (CBAM), which imposes additional costs on carbon-intensive exports to the Union. According to the Fiscal Council, the state-owned power utility EPS, which supplies most of the country’s electricity, will be the first to face these pressures. The added costs are expected to ripple

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Serbia poised to buy Gazprom’s stake in NIS to resolve sanctions issue by year-end

Serbian media report that the issue surrounding oil company NIS, caused by U.S. sanctions, is expected to be resolved by the end of the year. The most likely solution under consideration is for the Serbian state to acquire part of the 11.3% stake currently owned by the company Intelligence, a subsidiary of Gazprom. Currently, Russian

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Montenegro: EPCG confirms TPP Pljevlja reconstruction on schedule and within budget

Montenegro’s state-owned power utility EPCG has issued a statement refuting media reports that questioned the progress of the ecological reconstruction of the Pljevlja thermal power plant. The company emphasized that the project is advancing as planned and remains fully under control. The reconstruction, which began in 2020, was initially launched under a contract that contained

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