Romania: Transgaz seeks approval to link Black Sea gas to regional pipeline network

Romania’s gas transmission operator Transgaz has requested an environmental permit to connect the Tuzla-Podisor pipeline—which will transport offshore Black Sea gas to the national grid—with the regional transmission lines T2 and T3. These north-south pipelines link Greece and Bulgaria with Ukraine and Moldova. The project would allow Black Sea gas to flow beyond Romania’s domestic […]

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Romania: Romgaz terminates contract with Duro Felguera for Iernut gas plant

Romanian state-owned gas company Romgaz has officially terminated its contract with Spain’s Duro Felguera for the long-delayed Iernut natural gas-fired power plant. The Board of Directors approved the decision on 11 September, citing repeated failures by the contractor to meet obligations and deadlines. A termination notice was sent the same day, with the decision to

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Hungary confirms Paks II nuclear expansion on track despite EU Court ruling

Hungarian Minister of Foreign Affairs and Trade, Peter Szijjártó, stated that the recent European Court of Justice ruling will not delay or obstruct the construction of two new reactor units at the Paks nuclear power plant. He emphasized that the court’s decision was directed against the European Commission, as it annulled an earlier ruling concerning

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Montenegro: Average household electricity bills drop in August 2025

In August 2025, the average electricity bill for Montenegrin households was €39.45, down 1.8% from July (€40.19) and 10.8% lower than August 2024 (€44.22). The lowest average monthly bill was recorded in Pljevlja (€19.4), while Ulcinj had the highest at €71.3. Breaking down consumption: 59.11% of households paid less than €30, 18.53% between €30 and

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Hungary: MOL and O&GD begin production from new Galgaheviz oil well

Hungarian energy company MOL, in partnership with Dutch-owned O&GD, has started production from a new oil discovery near Galgaheviz at a depth of approximately 2,400 meters. The Galgaheviz-4 well delivers around 1,000 barrels of crude per day, which will be processed at MOL’s Szazhalombatta refinery. The well is expected to contribute roughly 0.5% of MOL

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Greece: Major Greek-Israeli consortium advances 600 million euro Larissa gas power plant

Greece’s upcoming combined cycle gas turbine power plant in Larissa, valued at nearly €600 million, is drawing strong competition from three major Greek groups and one foreign bidder. The project is being developed by the Greek-Israeli consortium DEPA-Clavenia. Tender documents, covering procurement, construction, and commissioning, were issued at the end of July, with final bids

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Greece cuts electricity losses through anti-theft measures

The Greek electricity distribution operator DEDDIE (HEDNO) reported a significant reduction in electricity losses, dropping to 10.9% in 2024 from 11.36% in 2023—the first notable decline after years of challenges. The improvement is attributed to a combination of targeted measures, including advanced algorithmic models to detect electricity theft, increased technical staffing, modernized inspection training, and

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Bulgaria approves state-guaranteed loans to expand gas transmission network

The Bulgarian government will provide state guarantees for loans totaling €127.3 million to support Bulgartransgaz’ investment in the Vertical Gas Corridor. The cabinet approved draft agreements with Investbank and United Bulgarian Bank to finance the expansion of the country’s natural gas transmission system. The loans, set to be disbursed by 15 December, will partially fund

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Region: Saharan dust significantly reduces solar power output

A new study highlights that Saharan dust events (SDEs) are having a major impact on solar electricity production across the Mediterranean, raising concerns about the reliability of renewable energy in the region. Researchers from the Hungarian Research Network’s Research Centre for Astronomy and Earth Sciences, in collaboration with the University of Pannonia, analyzed the effect

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