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Romania removes double fees on stored electricity to boost energy storage investment

Romania’s National Energy Regulatory Authority (ANRE) has adopted new rules eliminating regulated charges on electricity that is stored and later fed back into the grid. Storage operators will no longer pay transmission extraction fees, distribution and system service charges, or green-certificate levies on discharged electricity. Under the new methodology, network operators must track stored-energy flows […]

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Bulgaria probes costly BOTAS gas deal amid mounting financial losses

Officials from the Counter-Corruption Commission (CCC) have inspected the Ministry of Energy and collected all documents related to the gas agreement with Turkish supplier BOTAS. According to Energy Minister Zhecho Stankov, the Ministry’s report revealed daily costs surpassing 500,000 euros, rising since January due to contractual indexing. Stankov stated that Bulgaria is only using 11%

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Bulgaria: Rompetrol expands network with new fuel station near Sofia airport

Rompetrol Bulgaria, a subsidiary of KMG International Group, has opened a new, modern fuel station on Vladimir Vazov Boulevard, located close to Sofia International Airport. This latest addition strengthens the company’s position as one of Bulgaria’s prominent fuel retailers, expanding its presence in the capital to eight stations and increasing its nationwide network to a

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Croatia: JANAF to double Omisalj terminal storage capacity with €30 million expansion

Croatia’s state-owned oil transportation company JANAF has secured a construction permit to build additional fuel storage tanks at its Omisalj Terminal. A public tender for the project is expected to launch in early August. Valued at over 30 million euros and fully financed from JANAF’s own resources, this marks the company’s largest single investment in

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Romania: Transgaz completes major Danube undercrossing, advancing gas infrastructure ambitions

Romanian natural gas transmission system operator Transgaz has successfully completed the Danube River undercrossing, a critical section of the Tuzla-Podisor gas pipeline. The tunnel stretches 1,813 meters and reaches a maximum depth of 67 meters beneath the riverbed, making it one of Europe’s most ambitious horizontal directional drilling (HDD) projects. During construction, engineers encountered unexpected

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Romania: OMV Petrom discovers commercial natural gas at Spineni site, plans major 2025 investments

OMV Petrom, an oil and gas company, has announced a successful natural gas discovery at its Spineni site, located about 70 kilometers northeast of Craiova in southwestern Romania. The Spineni-1 exploration well was drilled to a depth of approximately 4,800 meters. Flow tests showed a commercial output of 180,000 cubic meters of gas per day,

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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: 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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