Romania: Eurowind Energy expands wind portfolio with 138 MW project pipeline

Eurowind Energy Romania has announced three new onshore wind projects—Frumusita, Vector, and Pecineaga NorthEst—adding a combined capacity of 138 megawatts (MW) to its growing portfolio. The projects will utilize 23 Vestas V162-6.2 MW turbines from the EnVentus platform, strengthening the ongoing partnership between the Danish firms in the Romanian renewable energy sector. Turbine delivery is […]

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Bulgaria: Parliament rejects proposal for state takeover of electricity distributors

The Bulgarian Parliament has voted against a proposal to bring the country’s three electricity distribution companies under state ownership. The motion, submitted by the Morality, Unity, Honour (MECh) party, aimed to require the Council of Ministers to prepare a financing plan for the state acquisition of Electrodistribution Grid West, Electrodistribution North, and Elektrorazpredelenie Yug, including

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Bulgaria: Growth in electricity production and exports in first half of 2025

According to data from the Bulgarian electricity transmission system operator ESO, electricity production in Bulgaria between 1 January and 15 June 2025 increased by 13.42 percent compared to the same period in 2024, reaching 20.63 terawatt-hours (TWh). Electricity consumption in the country also rose during this period, recording a 6.82 percent increase to a total

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Dutch gas prices drop over 10% in Week 26 amid Iran-Israel Ceasefire; EU sanctions on Russia stall due to Hungary and Slovakia opposition

Dutch wholesale gas prices dropped more than 10% in Week 26, following news of a ceasefire agreement between Iran and Israel that removed market fears of potential oil and gas supply disruptions. TTF gas futures on the ICE market, Europe’s benchmark for contracts delivering in August 2025, traded around €36/MWh for most of the week.

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Region: Southeast Europe sees surge in electricity prices and demand amid early summer heatwave in Week 26 of 2025

In Week 26 of 2025, electricity prices across Southeast European (SEE) countries surged compared to the previous week, surpassing €90/MWh despite a decline in gas prices. Prices started the week around €95/MWh for all SEE countries, peaked above €100/MWh on June 26, and then declined toward the week’s end. Most SEE countries saw single-digit percentage

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Serbia: SEEPEX day-ahead electricity trading volume rises 0.4% in June 2025 amid price declines

In June 2025, a total of 505,516.5 MWh of electricity was traded on the day-ahead market at the Serbian energy exchange SEEPEX, marking a 0.4% increase compared to May. The average daily traded volume stood at 16,850.6 MWh. Compared to June of the previous year, traded volumes rose by 21.2%. The average daily base price

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Romania: FIEKR nears completion of $160 million cogeneration plant at Petromidia refinery

The Kazakh-Romanian Energy Investment Fund (FIEKR), through its subsidiary Rompetrol Energy, is nearing completion of its largest initiative to date—a cogeneration plant at the Petromidia refinery. With an investment exceeding 160 million dollars, the facility is expected to be fully integrated with both the refinery’s operations and Romania’s national electricity grid by the end of

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Montenegro: EPCG receives bids for new turbine at Perucica hydropower plant to boost capacity by 2027

Montenegro’s state-owned power utility EPCG has received two bids for the construction, delivery, installation, and commissioning of the new A8 turbine at its Perucica hydropower plant. The first bid was submitted by a consortium consisting of Voith Hydro from Austria, Končar from Croatia, and Elnos from Serbia. The second offer came from Slovenia’s Litostroj Power.

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Bulgaria: KEVR approves modest increases in gas, electricity and heating prices

The Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 0.6% increase in the wholesale price of natural gas for July 2025. The new price stands at approximately 33 euros per megawatt-hour (MWh), excluding VAT and excise duties. This follows a 0.1% decrease in the wholesale gas price approved for June. According to

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Region: Romania and Serbia sign MoU to launch cross-border gas interconnection

Romania’s natural gas transmission system operator, Transgaz, and Serbia’s state gas company, Srbijagas, have signed a Memorandum of Understanding (MoU) to advance the development of a gas interconnection between the two countries. The agreement lays the foundation for cooperation by defining the main principles and organizational framework for future joint projects. As part of the

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