Romania: Elawan Energy secures 15-year CfD contracts for 92 MW of wind projects

Spanish independent power producer Elawan Energy has signed 15-year contracts for difference (CfD) with the Romanian Government for two wind projects totaling 92 MW in capacity. The agreements were secured through Romania’s latest renewable energy auction. Both wind farms have reached the ready-to-build stage, with commissioning scheduled for 2028. The CfD mechanism guarantees stable revenues, […]

Romania: Elawan Energy secures 15-year CfD contracts for 92 MW of wind projects Read More »

Bulgaria: Kozloduy nuclear power plant’s Unit 6 faces ongoing steam generator issues, investigation underway

Unit 6 of Bulgaria’s only nuclear power plant, Kozloduy, continues to experience issues with one of its steam generators, according to Nuclear Regulatory Agency Chair Tsanko Bachiyski. The problem affects just one of the eight generators in operation, but repeated cracks have been detected in a particular section. To resolve the issue, NPP Kozloduy has

Bulgaria: Kozloduy nuclear power plant’s Unit 6 faces ongoing steam generator issues, investigation underway Read More »

Greece achieves record electricity exports in first half of 2025

Greece recorded a historic electricity export performance in the first half of 2025, with export volumes reaching 571 GWh from January to June, according to transmission system operator ADMIE. This represents a sharp rise compared to just 22 GWh exported throughout 2024. The increase highlights Greece’s transition toward becoming a consistent net electricity exporter. ADMIE

Greece achieves record electricity exports in first half of 2025 Read More »

Bulgaria threatens to withdraw from Black Sea submarine cable project without direct national connection

State-owned Bulgarian Energy Holding (BEH) has expressed concerns about the Black Sea submarine cable project, warning that Bulgaria may withdraw unless the planned underwater electricity line includes a direct connection to the country’s transmission network. The initiative, promoted by the Green Energy Corridor Power consortium—comprising transmission operators from Romania, Georgia, Azerbaijan, and Hungary—plans a subsea

Bulgaria threatens to withdraw from Black Sea submarine cable project without direct national connection Read More »

SEE electricity markets: Week 40 sees price recovery, mixed demand and shifts in renewable and thermal generation

During Week 40 of 2025, electricity market prices across Southeast Europe (SEE) showed a notable recovery compared to Week 39. Most SEE markets recorded weekly average prices above €100/MWh, with the exceptions of Italy and Türkiye. Throughout the week, prices in the region hovered around €100/MWh, starting at elevated levels and peaking on Tuesday, September

SEE electricity markets: Week 40 sees price recovery, mixed demand and shifts in renewable and thermal generation Read More »

Europe: Brent oil and TTF gas prices decline in early October, while CO2 allowance prices rise

In the first week of October, Brent oil futures for the Front-Month in the ICE market showed a consistent downward trend. On Monday, September 29, they reached their weekly maximum settlement price of $67.97 per barrel, which was already 3.1% lower than the previous Friday’s price. The decline continued until Thursday, October 2, when futures

Europe: Brent oil and TTF gas prices decline in early October, while CO2 allowance prices rise Read More »

Serbia: NIS confirms stable fuel supply in Serbia amid US license delay and JANAF suspension

Serbian oil company NIS has announced that it has not yet received a Special License from the US Treasury Department, which would allow its operations to continue without restrictions. Despite this, the company confirmed that it holds sufficient crude oil reserves for refining and is maintaining uninterrupted deliveries of all fuel types to its petrol

Serbia: NIS confirms stable fuel supply in Serbia amid US license delay and JANAF suspension Read More »

Bulgaria: Natural gas to remain key for Southeastern Europe’s energy security

At the 55th International Gas Conference in Hungary, Bulgartransgaz CEO Vladimir Malinov emphasized the continued importance of natural gas in southeastern Europe’s energy mix. He explained that as electricity demand continues to grow and stable generation capacity remains vital for energy security, natural gas continues to play a key role. Bulgaria experienced a 5% increase

Bulgaria: Natural gas to remain key for Southeastern Europe’s energy security Read More »

Scroll to Top