Europe: Gas prices hit 2025 low amid high storage levels and strong LNG supply

Following the August 15 meeting between Donald Trump and Vladimir Putin, and Trump’s subsequent conversation with Ukrainian President Volodymyr Zelenskyy, European gas prices fell to a new low for 2025 as markets anticipated a possible easing of geopolitical tensions. On Monday, August 18, the one-month contract on the Dutch TTF gas exchange traded near €30/MWh, […]

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Region: Electricity prices drop across most of SEE in late August 2025 as demand and renewable output decline

In Week 34 of 2025, electricity market prices declined across most South East European (SEE) countries compared to Week 30 (21–27 July 2025), with all markets moving to weekly average prices below €100/MWh except for Italy, which recorded the highest electricity price among the analysed markets. The price drop was driven by lower electricity demand

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Slovenia: Wind Energy Association calls for balanced policy consultation

The Slovenian Wind Energy Association (GIZ) has expressed concern that recent political debates on wind energy are being shaped by what it views as an unbalanced event. The association says conclusions from a June consultation in the National Council—attended mainly by opponents of wind projects—are now being used as a basis for policy discussions. The

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Serbia: US extends sanctions deadline for NIS until late September

The US Department of the Treasury has once again delayed the enforcement of sanctions on Serbian oil company NIS, marking the sixth extension of the deadline. According to the Serbian Government, the new date for the possible implementation is set for 26 September. Officials emphasized that despite ongoing geopolitical challenges, NIS continues to ensure stable

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Romania: End of price caps and VAT hike drive sharp rise in electricity bills

Electricity bills for July and part of August 2025 in Romania are significantly higher than in previous months, driven by multiple factors. A heatwave increased consumption as air conditioners and cooling devices were used extensively. At the same time, the government ended the price cap and compensation scheme that had been in place from November

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Romania: Energy Vault partners with Astor Enerji to deploy 2 GWh of battery storage for solar projects

Swiss energy storage company Energy Vault has signed an agreement to provide up to 2 GWh of battery capacity for solar projects in Romania owned by Turkish firm Astor Enerji. The partnership combines Energy Vault’s large-scale storage expertise with Astor’s recent entry into the Romanian renewable energy market. Astor Enerji acquired four solar projects in

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Romania: PPC Renewables begins construction of Deleni wind farm, set to become largest in Moldova region

PPC Renewables Romania has commenced turbine installation at the Deleni wind project in Vaslui County, marking the start of what will become the largest wind farm in Romania’s Moldova region. Once completed, the facility will feature 23 wind turbines with a combined installed capacity of 140 MW. The project employs GE Vernova turbines rated at

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Romania: State-owned EC Oltenia launches spin-off of lignite assets as part of coal phase-out plan

Romanian state-owned electricity producer Energy Complex (EC) Oltenia, the country’s largest coal-based power generator under the control of the Ministry of Energy, has initiated the process of transferring its lignite-fired power plants and associated mining operations into a newly established subsidiary. This coal-focused entity is part of a broader restructuring and decarbonization plan approved by

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