Hungary: Day-ahead and intraday electricity prices drop significantly in August 2025

In August 2025, the average price of electricity on the Hungarian energy exchange HUPX day-ahead market (DAM) was 80.51 euros/MWh, marking a 22% decline from July, when the average baseload price was 102.56 euros/MWh. The average peak price on the day-ahead market fell even more sharply, reaching 57.34 euros/MWh, 34% lower than in July. Traded […]

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Greece: Wind energy permitting plunges 65% in 2025 amid licensing delays

WindEurope’s autumn report indicates a significant slowdown in Greece’s wind energy market during the first half of 2025. New installation permits fell sharply by 65% compared to the same period in 2024, with only 214 MW of permits issued, down from 618 MW a year earlier. Industry stakeholders attribute the decline primarily to persistent licensing

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Bulgarian section of Vertical Gas Corridor to be completed by October 2026, says Bulgartransgaz CEO

Vladimir Malinov, CEO of Bulgarian natural gas transmission operator Bulgartransgaz, announced that the Bulgarian segment of the Vertical Gas Corridor will be completed by October 1, 2026. Speaking at an energy conference in Thessaloniki, Malinov said the project has progressed from concept to construction through the coordinated efforts of nine operators from seven countries: Greece,

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Bosnia and Herzegovina needs €700 million grid investment by 2030 to support renewables and rising demand

Zijad Bajramović, President of the Bosnia and Herzegovina Committee of the International Council on Large Electric Systems (CIGRE), said that more than 700 million euros must be invested in the country’s electricity distribution networks by 2030. He noted that the rapid growth of renewable energy is already causing congestion in transmission and distribution systems, a

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Albania: Albanian electricity exchange reports sharp year-on-year growth in August 2025 trading volumes

The Albanian electricity exchange ALPEX reported that the total volume of electricity traded in the day-ahead market reached 175.1 GWh in August 2025. This represents an increase of 1.4% compared to the previous month and a surge of 125.8% compared to August 2024. Out of the total, 106.1 GWh was traded for the Kosovo bidding

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Europe: EU stands firm on plan to end Russian oil imports by 2028 despite opposition

US President Donald Trump has urged European leaders to stop buying Russian oil as part of efforts to end the war in Ukraine. Energy remains Russia’s most profitable export, and fuel revenues continue to help finance the conflict. In response, the EU is negotiating legal proposals to phase out oil and gas imports from Russia

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Serbia: SEEPEX reports slight decline in day-ahead electricity trading for August 2025

A total of 478,334.3 MWh of electricity was traded on the Serbian energy exchange SEEPEX’s day-ahead market in August 2025, marking a 0.7% decrease compared to July. The average daily traded volume was 15,430.2 MWh. Compared to August 2024, the traded volume was 9.8% lower. The average daily base price on the day-ahead market in

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Romania advances NPP Cernavoda Unit 1 refurbishment to boost nuclear energy security

Nuclearelectrica has reported significant progress on the refurbishment of Unit 1 at the Cernavoda Nuclear Power Plant, with civil construction works now underway. The refurbishment is a key component of Romania’s national nuclear strategy, which also includes plans to build Units 3 and 4. Extending Unit 1’s operational life by 30 years is expected to

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Bulgaria: IBEX day-ahead market sees slight volume dip in August, prices drop sharply

In August 2025, a total of 2,508,687.9 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), marking a 0.7 % decrease compared to July. The average daily traded volume reached 80,925.4 MWh. Year-on-year, traded volume was up by 5 % compared to August 2024. The average baseload price

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