Europe: Natural gas prices approach two-week high amid geopolitical tensions

European natural gas prices climbed above €33/MWh, nearing a two-week high, as geopolitical concerns intensified. Israel’s strike on Hamas leadership in Qatar raised worries over potential supply disruptions, since Qatar is a key gas supplier to Europe, just ahead of the heating season. Prices were also influenced by reports that the EU may impose new […]

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Region: Southeast Europe electricity prices surge in Week 37 of 2025

During Week 37 of 2025, electricity prices across Southeast European (SEE) countries rose significantly compared to Week 36. All markets reported weekly average prices above €100/MWh, except for Türkiye. The increase was driven by higher gas and CO2 emission allowance prices, lower solar output, and recovering demand across most markets. Prices averaged around €101/MWh, peaking

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Serbia engages Rosatom in talks on potential nuclear power plant following ban lift

Serbian authorities have begun substantive discussions with Russian state-owned nuclear energy company Rosatom regarding the possible construction of a nuclear power plant, according to Serbian Ambassador to Moscow Momčilo Babić. He stressed that Serbia needs new electricity sources and expects tangible progress in the coming years. The shift in national policy became possible after the

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North Macedonia: Solar power expansion drives renewable energy growth to 41% of electricity production

In recent years, North Macedonia has seen consistent growth in installed solar power capacity, reflecting rising interest and investment in renewable energy. According to data from the Regulatory Commission for Energy (RKE), the country had reached 848 MW of installed solar capacity by the end of 2024. The pace of development has been rapid. In

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Croatia: Household gas prices to rise 9% from October despite lower procurement costs

The Management Board of the Croatian Energy Regulatory Agency (HERA) has approved new prices for the public gas supply service for two upcoming periods: from 1 October to 31 December 2025 and from 1 January to 30 September 2026. As a result, households under the public service scheme will face a 9% increase in their

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Bulgaria: Electricity production and RES share rise in early 2025

According to data published by the Bulgarian electricity transmission system operator ESO, electricity production in Bulgaria from 1 January to 14 September 2025 increased by 7.7% compared to the same period in 2024, reaching 28.71 TWh. During the same period, electricity consumption rose by 5.4%, totaling 26.72 TWh. As a result, net electricity exports reached

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Bosnia and Herzegovina: Buk Bijela hydropower project deadline extended amid legal disputes

The Government of the Republic of Srpska (RS) has approved an extension for the construction timeline of the Buk Bijela hydropower plant on the Drina River near Foča. The decision was formalized through Annex II of the concession agreement, which also increases the planned capacity of the plant. Under the revised schedule, the preparatory phase—which

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Albania: Blue 2 solar power plant secures €20 million financing to expand 100 MW project

The special purpose vehicle Blue 2, a joint venture between Matrix Konstruksion and Blessed Investment, has secured financing to build a 50 MW solar power plant near Fier. The project is supported by a syndicated loan of €20 million. Tirana Bank, serving as the lead of the syndicate, is providing the largest portion of the

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Serbia: Mazgos Village prepares new coal mining project with environmental safeguards

A new coal mining project is being planned in Mazgos, a village approximately 15 kilometers from Dimitrovgrad. The detailed regulatory plan for the Mazgos deposit, which is open for public review until 7 October, covers 21.9 hectares and includes nearly 200 land plots, primarily agricultural fields, meadows, orchards, and pastures. The Dimitrovgrad Municipal Assembly approved

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Montenegro: Sinjajevina plateau wind farm approved; 44 turbines to generate 944 GWh annually

A new wind power project on the Sinjajevina plateau has received official approval, spearheaded by local company N1. The project envisions the construction of 44 wind turbines, each with a capacity of 6.6 MW, for a total installed capacity of 290.4 MW. Annual electricity generation is estimated at 944 GWh. The Environmental Protection Agency has

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