The Energy Agency Council has approved an increase in regulated electricity prices for households and small customers, following a request from power utility EPS. From 1 October, prices for guaranteed supply will rise by 6.6%. The agency stated that the adjustment reflects higher costs associated with access to the transmission and distribution network. Additionally, the […]
Romania is calling on the European Commission and neighboring countries to accelerate the expansion of cross-border electricity interconnections, stressing that reducing electricity prices is vital for protecting the competitiveness of both European and Romanian industry. The appeal was made by Cristian Bușoi, Secretary of State in the Ministry of Energy. Bușoi noted that Mario Draghi
E.ON has completed the installation of a new battery energy storage system in Soroksar to enhance Hungary’s electricity network and allow for more household solar connections. The project, valued at about 2 million euros, was funded partly through non-repayable support from the European Union’s Recovery and Resilience Facility (RRF) and partly from E.ON’s own resources.
Hungary: E.ON unveils new battery storage system in Soroksar to boost power grid Read More »
The Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 2.5% reduction in the wholesale price of natural gas for September 2025. The new price is set at around 30.9 euros per megawatt-hour, excluding VAT and excise duty. In August, KEVR had already approved a 3.8% decrease. The regulator’s decision was based on
Bulgaria cuts September wholesale gas price by 2.5% Read More »
Crude oil shipments to Hungary and Slovakia through the Druzhba pipeline have resumed after being disrupted by a Ukrainian strike on Russian infrastructure last week. Both countries remain significantly dependent on Russian crude and continue to seek stable supplies, despite the European Union’s wider push to reduce reliance on Russian energy. Deliveries were interrupted several
Region: Oil flows to Hungary and Slovakia resume after Druzhba pipeline disruption Read More »
Following the August 15 meeting between Donald Trump and Vladimir Putin, and Trump’s subsequent conversation with Ukrainian President Volodymyr Zelenskyy, European gas prices fell to a new low for 2025 as markets anticipated a possible easing of geopolitical tensions. On Monday, August 18, the one-month contract on the Dutch TTF gas exchange traded near €30/MWh,
Europe: Gas prices hit 2025 low amid high storage levels and strong LNG supply Read More »
In Week 34 of 2025, electricity market prices declined across most South East European (SEE) countries compared to Week 30 (21–27 July 2025), with all markets moving to weekly average prices below €100/MWh except for Italy, which recorded the highest electricity price among the analysed markets. The price drop was driven by lower electricity demand
The Slovenian Wind Energy Association (GIZ) has expressed concern that recent political debates on wind energy are being shaped by what it views as an unbalanced event. The association says conclusions from a June consultation in the National Council—attended mainly by opponents of wind projects—are now being used as a basis for policy discussions. The
Slovenia: Wind Energy Association calls for balanced policy consultation Read More »
The US Department of the Treasury has once again delayed the enforcement of sanctions on Serbian oil company NIS, marking the sixth extension of the deadline. According to the Serbian Government, the new date for the possible implementation is set for 26 September. Officials emphasized that despite ongoing geopolitical challenges, NIS continues to ensure stable
Serbia: US extends sanctions deadline for NIS until late September Read More »
Electricity bills for July and part of August 2025 in Romania are significantly higher than in previous months, driven by multiple factors. A heatwave increased consumption as air conditioners and cooling devices were used extensively. At the same time, the government ended the price cap and compensation scheme that had been in place from November
Romania: End of price caps and VAT hike drive sharp rise in electricity bills Read More »
