Vladimir Malinov, CEO of Bulgarian natural gas transmission operator Bulgartransgaz, announced that the Bulgarian segment of the Vertical Gas Corridor will be completed by October 1, 2026. Speaking at an energy conference in Thessaloniki, Malinov said the project has progressed from concept to construction through the coordinated efforts of nine operators from seven countries: Greece, […]
Zijad Bajramović, President of the Bosnia and Herzegovina Committee of the International Council on Large Electric Systems (CIGRE), said that more than 700 million euros must be invested in the country’s electricity distribution networks by 2030. He noted that the rapid growth of renewable energy is already causing congestion in transmission and distribution systems, a
The Albanian electricity exchange ALPEX reported that the total volume of electricity traded in the day-ahead market reached 175.1 GWh in August 2025. This represents an increase of 1.4% compared to the previous month and a surge of 125.8% compared to August 2024. Out of the total, 106.1 GWh was traded for the Kosovo bidding
US President Donald Trump has urged European leaders to stop buying Russian oil as part of efforts to end the war in Ukraine. Energy remains Russia’s most profitable export, and fuel revenues continue to help finance the conflict. In response, the EU is negotiating legal proposals to phase out oil and gas imports from Russia
Europe: EU stands firm on plan to end Russian oil imports by 2028 despite opposition Read More »
A total of 478,334.3 MWh of electricity was traded on the Serbian energy exchange SEEPEX’s day-ahead market in August 2025, marking a 0.7% decrease compared to July. The average daily traded volume was 15,430.2 MWh. Compared to August 2024, the traded volume was 9.8% lower. The average daily base price on the day-ahead market in
Serbia: SEEPEX reports slight decline in day-ahead electricity trading for August 2025 Read More »
Nuclearelectrica has reported significant progress on the refurbishment of Unit 1 at the Cernavoda Nuclear Power Plant, with civil construction works now underway. The refurbishment is a key component of Romania’s national nuclear strategy, which also includes plans to build Units 3 and 4. Extending Unit 1’s operational life by 30 years is expected to
Romania advances NPP Cernavoda Unit 1 refurbishment to boost nuclear energy security Read More »
In August 2025, a total of 1,187,630.1 MWh of electricity was traded on the Croatian energy exchange CROPEX, representing an 8.3 % decrease compared to July. Of this, 948,126.6 MWh was traded on the day-ahead market and 239,503.5 MWh on the intraday market. Compared to August 2024, total traded volume was down by 8.8 %.
Croatia: CROPEX electricity trading down 8.3% in August, prices fall sharply Read More »
In August 2025, a total of 2,508,687.9 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), marking a 0.7 % decrease compared to July. The average daily traded volume reached 80,925.4 MWh. Year-on-year, traded volume was up by 5 % compared to August 2024. The average baseload price
Bulgaria: IBEX day-ahead market sees slight volume dip in August, prices drop sharply Read More »
Electricity distribution system operators in the Republic of Srpska are pushing for an increase in distribution fees from 40.58% to 46.01%, citing higher costs for covering network losses. The move follows a decision by state-owned utility ERS to raise the price of electricity used for these losses from €55.7 to €77.7 per MWh, a 40%
Trebinje 1 solar power plant, a joint venture between Bosnian state-owned power utility ERS and Hungarian investors, is facing severe financial difficulties that threaten its future. Initially promoted as the largest solar facility in the Balkans and expected to begin operating in mid-2023, the project is far from completion. The company SE Trebinje 1, which
