Romania: GE Vernova secures...

GE Vernova has signed an agreement with Greenvolt International Power to supply wind...

Montenegro launches geological surveys...

Geological surveys for the Krusevo hydropower plant have started, marking the first concrete...

Montenegro: EPCG and France’s...

Montenegro’s state-owned power utility EPCG has signed a cooperation agreement with French renewable...

Croatia enters heating season...

Croatia is entering the new heating season with stable gas supplies, high storage...
Supported byClarion Energy
HomeSEE Energy NewsSlovenia: Petrol Group...

Slovenia: Petrol Group signs five-year power purchase agreement with Axpo for stable electricity supply

The Slovenian Petrol Group has finalized a power purchase agreement (PPA) with Swiss electricity producer and trader Axpo. This five-year contract will supply electricity to support Petrol’s core operations and ensure a reliable long-term supply for business customers in Slovenia.

Under the agreement, Petrol will guarantee a fixed average electricity price from 2026 to 2030, providing greater cost predictability for its business clients. The contract also allows for the purchase of guarantees of origin for solar, wind or hydropower from any member state of the Association of Issuing Bodies.

Marko Bregar, Petrol’s Executive Director for Electricity Supply and Trading, highlighted that the company supplies around 3 TWh of electricity annually, with approximately 2.1 TWh directed to business customers. As Slovenia’s largest electricity supplier for businesses, Petrol recognizes the importance of long-term contracts in offering stable and predictable energy costs, especially during periods of energy crisis and rising market prices. Additionally, the long-term guaranteed price will help clients significantly reduce their carbon footprint by utilizing guarantees of origin throughout the supply period.

Axpo, Switzerland’s largest energy producer and a leader in energy trading, emphasized that this agreement will ensure a stable energy supply for Petrol and provide protection against price fluctuations in the electricity market.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania to permanently close Isalnita coal-fired power plant in January 2026

Romania’s Ministry of Energy has announced that the coal-fired Isalnita thermal power plant in Dolj county will be permanently shut down on 1 January 2026. The plant is part of the Energy Complex (EC) Oltenia. Energy Minister Bogdan Ivan made...

Romania: GE Vernova secures order to supply 252 MW Ialomita wind project

GE Vernova has signed an agreement with Greenvolt International Power to supply wind turbines for the 252 MW Ialomita wind farm in southeastern Romania. The order, confirmed in the third quarter of 2025, includes the delivery, installation, and commissioning of...

Montenegro launches geological surveys for strategic HPP Krusevo

Geological surveys for the Krusevo hydropower plant have started, marking the first concrete step in one of Montenegro’s key energy projects. The work follows a contract signed on 29 November 2024 between EPCG and the Jaroslav Cerni Institute for...
Supported byVirtu Energy
error: Content is protected !!