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 […]
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
Bosnia and Herzegovina awaits new Gazprom gas deal as one-month extension nears expiry Read More »
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
Europe: EU agrees to end all Russian gas imports by 2027 in landmark energy shift Read More »
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
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
Serbia poised to buy Gazprom’s stake in NIS to resolve sanctions issue by year-end Read More »
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
Montenegro: EPCG confirms TPP Pljevlja reconstruction on schedule and within budget Read More »
The Greek natural gas transmission system operator DESFA has announced a tender worth 1.22 million euros for the supply of steel pipes needed to construct a new pipeline that will connect the planned Alexandroupoli gas-fired power plant to the national gas network. The 840 MW combined-cycle facility, scheduled to begin operations in 2027, is being
The Bulgarian Industrial Capital Association (BICA) has expressed concerns about the government’s new compensation scheme for electricity costs, set to take effect from July 1, 2025, to June 30, 2026. According to the association, the proposed mechanism will fail to provide effective relief for non-household consumers, including industrial users. The draft decree introduces temporary support
Bulgaria: BICA warns new power compensation scheme fails to protect industrial consumers Read More »
Hungarian oil company MOL is set to expand its fuel storage terminal in Sremski Karlovci through a new round of investment. The expansion involves acquiring additional land from Dunav Oil and partnering with Naftachem, which will oversee construction and project execution. The move is expected to significantly increase MOL’s storage capacity in Serbia and reinforce
Romania’s Ministry of Energy has announced that the coal-fired Isalnita thermal power plant in Dolj county will be permanently shut down on 1 January 2026. The plant is part of the Energy Complex (EC) Oltenia. Energy Minister Bogdan Ivan made the announcement during a meeting with trade union representatives. Union proposals to keep the plant
Romania to permanently close Isalnita coal-fired power plant in January 2026 Read More »
