Bulgaria advances NPP Kozloduy nuclear expansion with first AP1000 reactors in Europe

Bulgaria is moving forward with its largest energy project in decades by advancing two new units at the Kozloduy nuclear power plant. Units 7 and 8 will use Westinghouse Electric’s AP1000 technology, marking the first reactors in Europe to be based on this design. Currently, only two plants worldwide operate with AP1000 units—one in the […]

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Romania: Hidroelectrica to install 64 MW battery storage at Portile de Fier 2 to boost grid flexibility

Hidroelectrica is set to install a 64 MW battery energy storage system (BESS) next to the Portile de Fier 2 hydropower plant on the Danube, designed for a four-hour duration and a total storage capacity of at least 256 MWh. The company aims to award the contract by late autumn and complete the project within

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Montenegro: EPCG launches tender for solar modules at 12 MW Kapino Polje L1 and L2 plants

Montenegro’s state-owned power utility, EPCG, has announced a call for bids to supply solar modules for its Kapino Polje L1 and L2 solar plants near Niksic. The procurement is divided into two lots. Lot 1 covers modules for Kapino Polje L2, with an estimated value of 525,000 euros, while Lot 2 covers modules for Kapino

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Greece: Electricity market set for consolidation into four major suppliers by 2026

Greece’s electricity retail market is entering a consolidation phase that analysts believe will result in four dominant suppliers. Smaller retailers with market shares just above 10 percent are seen as the most likely candidates for acquisitions or market exits as merger and acquisition activity accelerates. Public Power Corporation (PPC) remains the market leader with a

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Bulgaria to allocate €23.3 million in July to offset household electricity costs

In July 2025, household electricity costs in Bulgaria will be partially offset through payments totaling just over 23.3 million euros to four suppliers: Elektrohold, EVN, Energo-Pro, and ESP Zlatni Pyasatsi. Under a new compensation scheme, suppliers are reimbursed for the difference between the market purchase price of electricity and a baseline set by the Energy

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Bulgaria sees surge in electricity production and exports in 2025

According to data from the Bulgarian electricity transmission system operator ESO, electricity production in Bulgaria between 1 January and 17 August 2025 rose by 9.2 percent compared to the same period in 2024, reaching 25.81 TWh. Electricity consumption in the same period increased by 5.98 percent, totaling 24.2 TWh. As a result, net electricity exports

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Romania: Econergy commissions 87 MW Oradea solar power plant, expands renewable portfolio to 447 MW

Econergy Renewable Energy has commissioned its 87 MW Oradea solar power plant, increasing the company’s connected and ready-to-connect portfolio in Romania to 447 MW. The Oradea facility is Econergy’s fourth operational solar asset in the country. The project was developed in partnership with Phoenix Holdings, which has committed over 225 million euros to Econergy’s initiatives

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Romania: Transgaz posts €104 million net profit in H1 2025, up 282% year-on-year

Romanian natural gas transmission operator Transgaz reported a group-level net profit of 104 million euros in the first half of 2025, marking a 282 percent increase compared to the same period in 2024. Consolidated gross profit also rose sharply, up 272 percent or 77 million euros versus H1 2024. The company’s core performance showed significant

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Romania sees slight rise in electricity consumption despite drop in domestic production in H1 2025

According to data from the National Institute for Statistics (INS), Romania’s electricity consumption in the first half of 2025 reached 24.87 TWh, up 0.5 percent compared to the same period in 2024. Industrial electricity consumption totaled 18.65 TWh, a decrease of 0.9 percent, while household consumption rose 5.3 percent to 6.02 TWh. Public lighting usage

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Montenegro concludes public consultation on draft National Energy and Climate Plan

Montenegro’s public consultation on the draft National Energy and Climate Plan (NECP) concluded last week. The Ministry of Energy stated that a consultation report along with the final plan could be published within the next two months. A decision on which major hydropower project will start construction first is expected by the end of the

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