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Renewable Energy Transition in Southeast Europe Faces Balancing Market Challenges

Southeast Europe is experiencing a significant shift towards a renewable-heavy electricity system, characterized by the expansion of wind and solar projects across countries such...

Romania considers temporarily capping prices of balancing energy

To address the rise in electricity prices on the balancing market, Romanian Government drafted a set of measures to be considered for implementation, including...

Romania considers temporarily capping prices of balancing energy

To address the rise in electricity prices on the balancing market, Romanian Government drafted a set of measures to be considered for implementation, including...

Bulgaria: NPP Kozloduy’s net profit reached 157 million euros in H1

Bulgarian nuclear power plant Kolzoduy recorded net profit of 307 million levs (157 million euro) in the first half of 2023, compared to 1.7...

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SEE power markets 8/9 split as solar deepens midday lows while Italy keeps premium

Day-ahead electricity prices across Southeast Europe diverged sharply for delivery on Tuesday, September 8, as stronger solar supply compressed daytime values while Italy and...

Slovenia appoints GEN leadership ahead of Krško 2 nuclear project decisions

New executives at GEN energija and GEN-I Slovenia has appointed new leadership at state-owned GEN energija and electricity supplier and trader GEN-I, changing management at...

European gas rally lifts Bulgaria’s regulated September discount to €41.60/MWh

European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in...

EPCG completes major works on €26m Gvozd 2 wind expansion in Montenegro

Montenegro’s state power utility EPCG has completed most work on the second of three turbine foundations at its 21 MW Gvozd 2 wind project,...

Greece approves €2.3bn programme for island grids, renewables and storage

Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections,...