Europe: Gas reserves decline rapidly as winter drives record withdrawals

Europe’s underground gas reserves have been declining rapidly as winter conditions intensify across the continent. As of 9 January, storage sites held approximately 56.3 billion cubic meters of gas, equal to around 55.5% of total capacity, according to Gas Infrastructure Europe. Storage levels in several major markets were already well below the European average at […]

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Slovenia: TPP Šoštanj reports strong first year of district heating service, plans upgrades and stable 2026 output

Slovenia’s TPP Šoštanj has completed its first full year operating the district heating public service for the Šaleška Valley, reporting strong operational performance. Over the past year, the plant generated 276 GWh of heat and 1,848 GWh of electricity, successfully fulfilling its primary mandate of providing uninterrupted heat supply to the region. Management noted that

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Romania: Vacareni wind farm secures €100 million financing to advance 102 MW project

A new utility-scale wind project in Romania has reached a major financial milestone, with developers securing a substantial €100 million project finance package to support the construction and operation of the Vacareni wind farm. The project is being developed by BIG MEGA Renewable Energy, a joint venture between BIG Shopping Centers and MEGA OR Holdings.

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Romania ends winter with ample gas reserves, price caps set to be removed without consumer shock

Romania is approaching the end of an unusually cold winter with ample natural gas reserves and no immediate risk of price shocks, according to Energy Minister Bogdan Ivan. He stated that current supply levels are sufficient to meet domestic demand, and the upcoming removal of gas price caps is not expected to raise consumer bills.

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Montenegro household power bills jump nearly 29% in December as winter demand surges

The average electricity bill for households in Montenegro in December 2025 reached €46.75, representing a sharp 28.6% increase month-on-month from €36.35 and a 1.9% rise year-on-year compared with December 2024. The lowest average bills were recorded in the municipality of Žabljak, at just €20.5, while the highest average household consumption was seen in Tivat, where

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Bosnia and Herzegovina: TPP Ugljevik forced offline as coal shortages expose deepening supply crisis

Operations at the coal-fired thermal power plant Ugljevik were halted shortly after midnight on 12 January after the facility ran out of adequate coal supplies. The shutdown was carried out in a controlled manner, following an assessment that fuel availability was no longer sufficient to ensure safe operation of the unit. Management said that severe

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Albania approves 600 MW wind farm in Tropoje as part of €1.1 billion regional renewables push

Albania has taken a major step forward in renewable energy development after the government officially approved a 600 MW wind farm near the northern town of Tropoje. The project will be developed by CWP Europe, marking one of the largest wind investments ever announced in the country. Authorities have outlined an ambitious schedule, with construction

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Albania: ALPEX day-ahead power trading jumps nearly 71% year-on-year in December

The Albanian electricity exchange ALPEX reported that total electricity traded on its day-ahead market reached 168.6 GWh in December 2025, representing a 1% decline compared with the previous month, but a sharp 70.8% increase year-on-year. Of the total traded volume, 110.2 GWh was cleared for the Kosovo bidding zone and 99.4 GWh for the Albania

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Region: Vertical Gas Corridor faces renewed uncertainty as capacity auctions risk collapse

Plans to reinforce gas flows from southern Europe toward Ukraine are once again slipping into uncertainty, as upcoming capacity auctions along the Vertical Gas Corridor may attract no bidders. Officials are warning that market interest could once more evaporate, echoing the failure seen late last year and reopening questions about the project’s overall commercial viability.

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Serbia: Chinese manufacturer to deliver turbines for largest-ever wind farm project in Eastern Europe

Chinese wind-turbine manufacturer Dongfang Wind Power has signed a contract to deliver 48 wind turbines for a 300 MW wind power project in Serbia, with a total investment value of €495 million. The project is set to become the largest wind farm in Serbia and across Eastern Europe, positioning the country among the region’s leading renewable-energy markets. The wind farm,

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