Greece plans capacity market to support gas plants amid renewable shift

The Greek Government is considering the introduction of a capacity market aimed at supporting natural gas-fired power plants. This initiative is part of a broader strategy to maintain the economic viability of these facilities as the country accelerates its shift toward renewable energy sources. As solar and wind increasingly dominate daily electricity production, the need […]

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Croatia at risk of summer blackouts amid aging grid and renewable surge

Experts are warning that Croatia could face a repeat of the major electricity network failure that occurred during the summer of 2024. That blackout, which originated in Montenegro and quickly spread into Croatia, revealed serious weaknesses in the national energy infrastructure. With the summer months approaching, similar conditions—such as peak electricity demand, outdated transmission lines,

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Albania advances solar energy amid shifts in national energy production

The Albanian government has approved the development of two new solar power plants in the southwestern part of the country. These projects will have a combined installed capacity of 107 megawatts. Local solar developer Albania Solar Power is set to construct an 82 MW photovoltaic plant, while another company, Power Energy, will develop a separate

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Romania calls for delay in coal plant closures, citing energy security concerns

Romania has made it clear that shutting down coal-fired units at the Energy Complex (EC) Oltenia, as outlined in its Resilience and Recovery Plan (PNRR), would undermine its energy security. The Ministry of Energy warns that this move would increase reliance on imported electricity from neighboring countries such as Serbia and Bulgaria, where coal remains

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Greece: PPC adds third turbine to HERON 1 mobile plant to secure Crete’s summer power supply

To meet Crete’s electricity demand during the high-consumption summer season, the Greek Public Power Corporation (PPC) is finalizing the installation of a third turbine unit at the HERON 1 mobile gas-fired power plant. This expansion completes a key energy strategy designed to strengthen the island’s electricity supply. HERON 1, leased for two years from GEK

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Bulgaria plans to finalize Kozloduy nuclear expansion contract by end of 2026

Energy Minister Zhecho Stankov announced that Bulgaria aims to sign a construction agreement for units 7 and 8 at the Kozloduy nuclear power plant by the end of 2026. If the project proceeds as planned, Bulgaria will become the first EU country to operate a Westinghouse AP1000 reactor. Minister Stankov said the contract is expected

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Bulgaria: IBEX day-ahead market sees slight monthly decline, yearly growth in May 2025

In May 2025, a total of 2,225,726.2 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), representing a 3.5% decrease compared to the previous month. The average daily traded volume in May was 71,797.6 MWh. However, the traded volume in May 2025 was 6.7% higher than in the

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