Europe: Gas prices hit...

Following the August 15 meeting between Donald Trump and Vladimir Putin, and Trump’s...

Region: Electricity prices drop...

In Week 34 of 2025, electricity market prices declined across most South East...

Romania: End of price...

Electricity bills for July and part of August 2025 in Romania are significantly...

Bosnia and Herzegovina sees...

According to the Agency for Statistics of Bosnia and Herzegovina (BiH), gross electricity...
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Region: EU funds possible for Romania-Bulgaria joint hydropower project

The Turnu Magurele-Nikopol hydropower project is a significant step forward for regional energy cooperation between Romania and Bulgaria. By being included in the EU’s Connecting Europe Facility for Energy (CEF Energy) under the List of Renewable Energy Cross-border Projects (CB RES), the project highlights both countries’ commitment to sustainable energy and cross-border collaboration.

The planned two 400 MW hydropower plants aim to harness the Danube River’s potential, enhancing renewable energy generation while addressing environmental sustainability and local needs. The project’s inclusion in the CEF Energy list underscores its importance in achieving the EU’s broader energy and climate goals.

It’s notable that this project has been in discussion for decades, reflecting its complexity and the commitment required from both nations. Its advancement could significantly impact regional energy infrastructure and contribute to the EU’s renewable energy targets.

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