Albania: Electricity production drops 31% in Q3 2025 as imports surge

Data published by the Albanian Institute of Statistics (INSTAT) shows that electricity production in the third quarter of 2025 reached 1,075 GWh, a decline of 31.3 percent compared to the same period in 2024, when output totaled 1,564 GWh. Despite the drop in domestic generation, Albania increased its electricity exports. Outbound flows rose by 10.8 […]

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Region: Hungary strengthens energy ties with Romania through joint nuclear extension plan

Hungary and Romania have reached an agreement to deepen cooperation on extending the operational lifetimes of their nuclear power plants—Paks in Hungary and Cernavoda in Romania. The announcement came from Hungarian Foreign Minister Peter Szijjártó during his visit to Bucharest, where he emphasized Romania’s growing strategic importance in Hungary’s overall energy security framework. Szijjártó stated

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Hungary: Foreign Minister offers support as Serbia faces oil supply crisis

Hungarian Foreign Minister Peter Szijjártó arrived in Belgrade to discuss how Hungary can help Serbia after the suspension of crude oil deliveries from Croatia. His visit comes amid growing concerns in Serbia, following President Aleksandar Vučić’s warning that the NIS refinery in Pančevo could halt operations within days unless US sanctions are lifted, potentially disrupting

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Slovenia: Net electricity generation drops 49% in October 2025

Slovenia’s net electricity generation fell sharply in October 2025, declining by 49 percent compared to the same month last year, according to data from the Statistical Office of the Republic of Slovenia. Total net output reached 766 GWh, an 18 percent decrease from September. Thermal power plant generation increased by 7 percent year-on-year, while hydropower

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Serbia: Government moves to resolve NIS ownership deadlock within three months

Serbian President Aleksandar Vučić announced that the Government has unanimously endorsed his proposal to give the Russian side 50 days to identify a new buyer for NIS. If no agreement is reached within that timeframe, Serbia plans to intervene, appoint its own management, and then offer Russia the highest price it can reasonably pay for

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Serbia: NIS prepares temporary shutdown of Pancevo refinery after US sanctions

The Pancevo oil refinery has begun preparations for a temporary shutdown after US Treasury sanctions imposed on NIS disrupted crude oil deliveries, the company announced. Refinery operations have entered an initial phase in which processing units are being placed into hot circulation, a controlled mode that keeps equipment operational without full production. NIS said the

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North Macedonia maintains full domestic electricity supply in September 2025

Electricity consumption in North Macedonia reached 373,518 MWh in September 2025, while natural gas use totaled 19.4 million cubic meters. Coal consumption amounted to 368,114 tons, and the use of petroleum products stood at 95,577 tons. According to the State Statistical Office, domestic production covered 100 percent of electricity demand during the month, and 99.9

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Greece moves forward with long-delayed Mesochora hydropower plant

The Greek Ministry of Environment and Energy has confirmed that the long-delayed Mesochora hydropower plant in Trikala will finally advance, bringing an end to more than two decades of legal battles and halted construction. Although the project was officially revived in 2021–2022, decisive action is only now being taken to move it toward completion. A

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Europe: Gas prices slide as warm weather forecasts and Ukraine peace hopes hit the market

European natural gas futures fell below €31/MWh in the third week of November 2025, as forecasts pointed to milder weather and optimism grew around renewed peace efforts in Ukraine. The latest U.S. proposal raised hopes that a negotiated settlement could ease geopolitical tensions and potentially relax sanctions on energy exports—both of which exerted downward pressure

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