The withdrawal of Russian ownership from oil assets across South-East Europe has triggered a deeper and more destabilising shift in the region’s natural gas markets. While oil ownership changes are visible and politically managed, gas has become the silent transmission channel through which volatility, balance-sheet stress and structural dependency now propagate. Unlike oil, gas markets […]
Romanian authorities are preparing a contingency plan for the gas market to ensure a smooth transition when regulated pricing ends, in case unexpected disruptions occur. Energy Minister Bogdan Ivan stated that the government is considering a phased approach to removing the gas price cap rather than eliminating it abruptly. The matter was discussed at a
Romania plans gradual gas price cap phase-out to ensure market stability Read More »
In December 2025, electricity trading on North Macedonia’s day-ahead market reached a total volume of 118,102.7 MWh, marking a 19.9% increase compared to 98,508 MWh in December 2024. Trading activity also rose 8.2% month-on-month compared to November 2025. The average market-clearing price in December stood at €116.89/MWh, down 3.1% from the previous month, while the
North Macedonia: Day-ahead electricity trading rises in December 2025 as prices ease Read More »
The average electricity price on the day-ahead market (DAM) of HUPX in December 2025 reached €115.88/MWh, down 7% from November, when the average baseload price was €124.35/MWh. The average peak price on the DAM fell 9% to €129.3/MWh. Traded volume on the day-ahead market totaled 3.04 million MWh, marking a 10% increase month-on-month and a
Hungary: HUPX sees lower December electricity prices amid rising day-ahead volumes Read More »
Greece is set to play an increasingly important role in regional gas supply over the next decade, according to a new long-term outlook published by the national gas transmission operator DESFA, which analyzes projected gas flows through the country’s transmission network and LNG facilities between 2026 and 2035. DESFA warns that the operating environment for
Greece set to strengthen role as regional gas hub through 2035 Read More »
Bulgaria has expanded its electricity system with the commissioning of a large-scale battery energy storage facility at the Maritsa East energy complex, one of the most significant storage projects in southeastern Europe. The installation was deployed at the site of TPP Maritsa East 3, leveraging existing grid infrastructure in the Stara Zagora region to accelerate
Bulgaria launches 202 MW battery storage facility at TPP Maritsa East 3 Read More »
A total of 2,611,971.3 MWh of electricity was traded on the day-ahead market of IBEX in December 2025, representing a 9.4% increase compared to November. The average daily traded volume reached 84,257.1 MWh, although total monthly volume was still 3% lower year-on-year. The average baseload price in December stood at €117.25/MWh, down 3.5% from November,
Bulgaria: IBEX power trading climbs in December as prices continue to soften Read More »
The construction of the Southern Gas Interconnection is expected to become the most important infrastructure investment in Bosnia and Herzegovina this year, according to energy expert Edhem Bičakčić, marking a historic turning point for the country’s gas sector and overall energy security. By linking Bosnia and Herzegovina to the European gas market through Croatia and
Serbia has formally initiated the drafting of a new law that will specifically regulate the exploration and production of hydrocarbons, marking a significant shift in sector governance. The initiative was announced by the Ministry of Mining and Energy at the end of last year. According to the policy outline, the proposed legislation is designed to
Serbia moves forward with dedicated Hydrocarbons Law Read More »
A significant financing milestone has been achieved for Romania’s Mintia gas-fired power plant after Emirates Islamic approved a $500 million structured funding package for Mass Group Holding. The deal ranks among the largest Islamic finance transactions linked to European energy infrastructure. The funding will support construction of the 1,700 MW Mintia plant in northwestern Romania,
Romania: Major Islamic financing secured for Mintia gas power plant Read More »
