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 […]

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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

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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

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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

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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

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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

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Slovenia: TPP Sostanj Unit 6 reconnected to grid to meet heating demand in Saleska Valley

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

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Montenegro launches third tender for long-delayed overhaul of Bar oil storage facility

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

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