electricity

Romania: Wind CfD auction signals strong investor confidence and cost efficiency

Romania’s latest Contracts for Difference (CfD) auction for wind projects delivered prices significantly below the ceiling set by national authorities, reflecting strong investor confidence and a growing pool of competitive, mature projects. The Ministry of Energy had targeted at least 290 MW for this round, but nearly 316 MW ultimately secured contracts, reinforcing momentum in […]

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SEE electricity market Week 48: Prices rise amid higher demand and shifts in renewable & thermal generation

During Week 48 of 2025, electricity prices across Southeast Europe (SEE) increased moderately compared to Week 47, driven primarily by higher regional demand, despite cheaper TTF gas and rising wind output. Except for Türkiye, all SEE markets recorded weekly average prices above €100/MWh, bringing the regional average to around €118/MWh. Türkiye (+22.9%) and Hungary (+20.93%)

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OX2 Romania expands wind portfolio with acquisition of 235 MW projects

OX2 Romania, the local subsidiary of Swedish OX2 Group, has acquired three new wind projects totaling 235 MW from Future Power, further expanding its footprint in Romania’s rapidly growing renewable energy sector. The new sites are located in the Vaslui and Vrancea counties, bringing OX2’s Romanian portfolio to over 1.1 GW. The company now manages

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Romania: Econergy renewable energy secures €40.5 million financing for Oradea solar power plant expansion

Econergy Renewable Energy has secured €40.5 million in project financing from UniCredit Bank to support operations at its Oradea solar power plant in northwestern Romania. Part of the funding will be used to refinance existing debt from the plant’s construction phase. The 87 MW solar facility, located in the Crisana region, has been fully operational

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Greece-Saudi Arabia electricity link enters critical feasibility phase

Plans for an electricity interconnection between Greece and Saudi Arabia are entering a crucial stage, as the network operators ADMIE and National Grid Saudi Arabia prepare a detailed feasibility study that will determine the project’s next steps. Both companies have agreed to accelerate the study, which is expected to be finalized between March and May

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Bulgaria advances nuclear expansion with Kozloduy units 7 and 8 engineering contract

A new step in expanding Bulgaria’s nuclear capacity has been taken as the project company NPP Kozloduy New Builds signed an engineering consultancy contract with a predominantly Canadian consortium. The consortium includes Laurentis Energy Partners, its subsidiary Canadian Nuclear Partners, and BWX Technologies. Under the agreement, the consortium will support Bulgaria in overseeing and managing

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Bulgaria: Kozloduy nuclear Unit 6 back in operation after safety and fuel upgrades

Unit 6 at Bulgaria’s Kozloduy Nuclear Power Plant is back online following its annual maintenance, reconnecting to the national electricity grid on the evening of 1 December. The maintenance program, which started on 25 October 2025, included thorough preventive inspections, servicing of critical systems, and all tasks required under the plant’s annual upkeep schedule. During

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Bulgaria sees rise in electricity production and renewables in 2025

According to data released by the Bulgarian electricity transmission system operator (ESO), electricity production in Bulgaria between January 1 and November 30, 2025, increased by 6.41% compared to the same period in 2024, reaching 36.36 TWh. During the same period, electricity consumption in the country also grew, rising by 5.17% to a total of 34.76

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