The European Bank for Reconstruction and Development (EBRD) is reviewing a proposal to provide up to 37 million euros to North Macedonia’s state-owned power utility ESM for a major solar power project. The plant, planned for construction on the site of a depleted coal mine near Bitola, will have an installed capacity of 134 MW. […]
North Macedonia: EBRD weighs €37 million support for landmark solar project Read More »
The first stage of the Chiren underground gas storage expansion has been completed, Energy Minister Zhecho Stankov announced before the parliamentary energy committee. The project is designed to increase total capacity from 550 million cubic meters to 1 billion cubic meters and is divided into three phases: one above-ground and two underground. The completed surface
Under the European framework aimed at ensuring a reliable and competitive gas supply, underground gas storage facilities in the EU must be at least 90% full before the start of winter. These rules were introduced in 2022 after Russia’s invasion of Ukraine, when the EU adopted the gas storage regulation as part of a broader
Europe: EU gas storage levels on track to meet winter 2025 targets despite regional gaps Read More »
In the first half of 2025, Europe expanded its wind energy portfolio by 6.8 GW, bringing the continent’s total installed capacity to 291 GW. Of this, 5.3 GW was installed within the European Union. Onshore wind accounted for the majority of the growth with 6 GW, representing an 89% increase compared to the same period
Europe adds 6.8 GW of wind power in early 2025 but falls short of 2030 targets Read More »
European natural gas futures fell in the last week of August as weak demand allowed storage levels to rise faster than the impact of reduced Norwegian supply caused by maintenance work. Despite the decline, the weekly average price was still higher than the previous week. TTF gas futures on the ICE market for October 2025
Europe: Gas futures drop in late August despite reduced Norwegian supply Read More »
Week 35 of 2025 showed a varied pattern in electricity market prices across Southeast European countries compared to Week 34. Most markets recorded weekly average prices below €100/MWh, except Italy, which had the highest electricity price among the analyzed markets. Throughout the week, prices in most SEE countries hovered around €80/MWh, peaking on August 29
Former Slovenian State Secretary and climate negotiator Zoran Kus has filed a petition with the Constitutional Court challenging the legality of the national spatial plan procedure for the proposed second unit at the Krsko nuclear power plant. Representing public interest, Kus argues that the process was initiated without constitutional, legal, or strategic justification and violates
A new high-efficiency cogeneration plant is under development on the site of the former CET Palas facility in Constanța, replacing infrastructure dating back to the 1970s. Valued at 120 million euros and largely financed through the National Recovery and Resilience Plan (PNRR), the plant will deliver 160 MW of capacity, producing both electricity and heat
The Romanian Ministry of Energy has finalized a five-point plan aimed at lowering electricity prices, with measures expected to take effect next week. Energy Minister Bogdan Ivan stated that the initiative, developed in consultation with producers, distributors, suppliers, and regulators, is expected to reduce household and business energy costs by an average of 20 to
Romania: Ministry of Energy unveils five-point plan to cut electricity prices by 20–25% Read More »
Data from the National Institute for Statistics (INS) show that Romania’s net coal production in the first half of 2025 reached 902,400 tons of oil equivalent, down by 2.9 percent (27,400 tons of oil equivalent) compared to the same period in 2014. During January–June, coal imports totaled 38,900 tons of oil equivalent, a drop of
