electricity

Bulgaria: IBEX sets new intraday trading record with 32,221 MWh on July 17, 2025

The Independent Bulgarian Energy Exchange (IBEX) set a new daily record on its intraday market segment using the continuous trading mechanism for the delivery day of July 17, 2025. A total of 32,221.23 megawatt-hours (MWh) was traded, marking a 41 percent increase compared to the previous record of 22,881.33 MWh, which was set for the […]

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Bosnia and Herzegovina: Hungarian shell company takes over troubled Trebinje 1 solar project amid transparency concerns

Just months after the Hungarian company Lugos Renewables withdrew from its majority stake in the Trebinje 1 solar power plant project, another Hungarian company, Mayer NRG, took over the 70 percent share in the 50 million euro venture. The remaining 30 percent is still held by the state-owned power utility ERS. In January, the Government

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Croatia: Growing dependence on electricity imports highlights urgent need for renewable investment

An analysis by the Renewable Energy Association of Croatia (OIEH) has highlighted the country’s continued dependence on imported electricity, raising concerns about the resilience of its energy system. Prolonged drought conditions and the declining profitability of fossil-fuel-based power generation have exposed the limited self-sufficiency of Croatia’s electricity network. During the second quarter of the year,

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Bulgaria: Kozloduy NPP Unit 6 taken offline early for preventive maintenance after leak detection

Unit 6 of the Kozloduy Nuclear Power Plant was taken offline on 17 July, to carry out planned maintenance after operators identified a leak in the heat-carrier circuit of its third steam generator. This precautionary measure aims to safeguard both the operational integrity of the unit and ensure dependable electricity delivery throughout the peak of

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Romania: Maramureș Airport plans 2.5 MW solar power plant with battery storage and carport

Maramureș International Airport in northern Romania has submitted a funding application for a renewable energy project aimed at fully covering the facility’s electricity needs. The proposed initiative includes the installation of a 2.5 MW solar power plant combined with battery storage to ensure reliable and sustainable energy supply. A key feature of the project is

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North Macedonia: Alcazar Energy begins construction of 400 MW wind farm

Alcazar Energy Partners, a renewable energy investment firm based in Luxembourg, has commenced construction on a 400 MW wind farm near the city of Stip in eastern North Macedonia. Once completed, the facility will provide clean electricity to more than 100,000 households, marking a major step in the country’s transition to renewable energy. The project,

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Bulgaria secures Citi financing for Kozloduy nuclear expansion with Westinghouse technology

Bulgaria has entered into a major financing agreement with U.S. banking giant Citi to support the construction of units 7 and 8 at the Kozloduy nuclear power plant. The Bulgarian Ministry of Energy has described the deal as a critical milestone in the nation’s most ambitious energy project in decades. Energy Minister Zhecho Stankov led

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Bosnia and Herzegovina: Republic of Srpska signs 30-year concession for €100 million Javor solar power plant

The Ministry of Energy and Mining of the Republic of Srpska (RS) has announced the signing of a 30-year concession agreement for the development and operation of the Javor solar power plant in the municipality of Rogatica. The project represents an investment of nearly 100 million euros and is scheduled for completion within four years.

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Region: Electricity prices and demand decline across Southeast Europe in Week 28 of 2025

In Week 28 of 2025, electricity market prices declined across all Southeast European (SEE) countries compared to the previous week, falling below €100/MWh in all markets except Italy. This decrease was driven by milder temperatures reducing electricity demand and increased solar energy production across most markets. The week began with prices exceeding €100/MWh in all

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Romania secures environmental approval to modernize Cernavoda Unit 1, extending clean energy production by 30 years

Romanian Minister of Energy Bogdan Ivan has announced that environmental approval has been granted for both the modernization of Unit 1 and the expansion of spent-fuel storage at the Cernavoda nuclear power plant complex. These projects will allow Unit 1 to continue generating 700 MW of clean electricity for an additional 30 years. Minister Ivan

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