Serbia: Čibuk 2 wind farm begins trial operation, full commissioning planned for December

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 […]

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Romania: Romgaz raises €500 million through second bond issue to support Neptun Deep project

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

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Hungary: MOL resumes fuel production at Százhalombatta refinery following fire incident

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

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Region: Slovnaft accuses Croatia’s JANAF of blocking non-Russian oil deliveries amid supply diversification efforts

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

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Croatia: Over 205,000 guarantees of origin sold latest renewable energy auctions

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

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Bulgaria: Bulgargaz proposes November gas price increase amid rising seasonal demand

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

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Albania: Private producers overtake state utility in power sector as solar capacity surges

Albanian private electricity producers now hold a larger share of the country’s total electricity generation capacity than the state-owned utility KESH, marking a major shift in the national energy landscape. The growth of solar power has been the main factor behind this development, with solar installations now representing about 10 percent of total installed capacity.

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Europe: Gas prices ease despite Ukraine supply risks as EU moves to ban Russian imports by 2028

TTF gas futures prices in Europe came under mild upward pressure during the third week of October 2025, driven by expectations of higher gas exports to Ukraine amid ongoing war-related damage to the country’s gas infrastructure. However, elevated European gas storage levels and robust supply from Norway and liquefied natural gas (LNG) imports helped keep

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Region: SEE electricity prices rebound in Week 42 as renewables drop and thermal generation rises

During Week 42 of 2025, electricity market prices across Southeast Europe (SEE) rebounded compared to Week 41, driven by colder weather and lower renewable output. Most SEE markets recorded weekly average prices above €130/MWh, except for Italy and Türkiye. The regional average hovered around €129/MWh for the week. Prices started high, exceeding €160/MWh and peaking

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Slovenia: Hydropower output drops 24% in first nine months as uneven rainfall impacts generation

Hydropower plants along Slovenia’s main rivers generated 2,962.4 GWh of electricity in the first nine months of the year, a decline of more than 24 percent compared to the same period in 2024, when hydrological conditions were exceptionally favorable. In September alone, hydropower output amounted to just over 301 GWh, around 26 percent less than

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