The Albanian electricity exchange, ALPEX, reported that the total volume of electricity traded on the day-ahead market in September 2025 reached 127.5 GWh. This represents a 27.2% decline compared to August, but a 35.7% increase compared to September 2024. Of the total traded volume, 72.6 GWh were for the Kosovo bidding zone and 88.7 GWh […]
Albania: ALPEX reports September 2025 trading Read More »
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
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
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
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 »
On the morning of October 6, unit 6 of the coal-fired Sostanj thermal power plant was reconnected to the grid. The restart was prompted by falling temperatures and the increased need for heating in the Saleska Valley. The unit had been offline since April for scheduled maintenance. In June, it operated for only two days
The Montenegrin Ministry of Oil and Gas has launched a third tender to select a contractor for the long-delayed overhaul of the state-owned oil storage tanks in the Adriatic port of Bar. The project is valued at 1.8 million euros, the same as in the two previous tenders, with the deadline for bid submissions set
Montenegro launches third tender for long-delayed overhaul of Bar oil storage facility Read More »
The Turkish energy company GridFlex plans to invest 17 million euros in a new electricity storage facility near Leskovac, local authorities announced following a meeting between Mayor Goran Cvetanović and company representatives. GridFlex specializes in container-based battery storage systems aimed at improving network flexibility, supporting the integration of new energy sources, and contributing to the
Serbian oil company NIS has submitted an updated request to US authorities seeking another extension of the suspension of sanctions. The company’s current authorization, which allows it to continue operations despite the restrictions, is set to expire on 8 October. NIS is requesting a new license to maintain its activities beyond that date. The sanctions
Serbian oil company NIS seeks new extension of US sanctions suspension Read More »
HUDEX has announced that it will cease all electricity and natural gas trading after concluding that market liquidity remains insufficient to support sustainable long-term operations. Despite extensive efforts and detailed assessments conducted in recent years, trading volumes failed to reach the levels required to meet regulatory standards. As a result, the company’s board has approved
Hungary: HUDEX to cease all electricity and gas trading due to low market liquidity Read More »
