OMV Petrom's Petrobrazi refinery in Romania operated above 98% utilisation in the first nine months of 2026 and at 100% in the third quarter. High throughput supports Romanian fuel supply and positions the refinery to benefit from strong product margins.
BESS Sibenik, a 60 MW / 120 MWh standalone battery in Croatia, has been commissioned, with HOPS contracting its full capacity for aFRR services since September. The project cost approximately 60 million euros and is designed to earn market-based revenue from storage and ancillary services.
Western Balkan electricity trade with the European Union recovered from the second quarter but remained below year-earlier levels. Wider price spreads, weaker convergence and CBAM costs are complicating cross-border sales.
ESO has invested more than 182 million euros in Bulgaria’s electricity grid so far in 2026. The government says household electricity and heating prices will not rise before 1 July 2027.
Your trusted source for electricity market news, trading data and energy market analysis across Southeast Europe.
Sofia Administrative Court overturns refusal
The Sofia Administrative Court has overturned Bulgargaz’s refusal to disclose historical delivery and payment information connected to its agreement with...
On 6 July, Bulgargaz and Türkiye’s BOTAŞ agreed to suspend the existing commercial terms of their contract for 15 months. During the suspension, Bulgaria...
Bulgaria's caretaker Energy Minister, Traycho Traykov, has indicated that the government is contemplating a renegotiation of its gas supply agreement with Turkey's state-owned pipeline...
The recent agreement between Bulgargaz and BOTAS has significant implications for power pricing across Southeast Europe, extending its influence beyond Bulgaria's natural gas sector....
Officials from the Counter-Corruption Commission (CCC) have inspected the Ministry of Energy and collected all documents related to the gas agreement with Turkish supplier...
Southeast Europe faces a growing power-system flexibility shortage as grids, storage and dispatchable capacity lag behind project growth and rising volatility. Country-level pressures range from heavy imports in Serbia to negative prices in Croatia and faster battery deployment in Bulgaria.
Kosovo enters its highest-demand months with the 260 MW B1 unit still unavailable, increasing reliance on electricity imports. The operator has not set a return date as regional prices and interconnector availability remain key variables.
Austria's Verbund has signed a power-purchase agreement for the first project selected in Albania's first wind auction to reach construction readiness. Commercial operation is targeted for the first quarter of 2028.
Bulgaria’s operating battery fleet was reported at 6.23 GW by late October, while EBRD and Raiffeisen are financing a new 246 MW battery at Tenevo. The reported fleet and energy-flow figures require verification against underlying data.
Buyers took 34,000 of 35,000 wind guarantees of origin offered in North Macedonia’s first auction. The sale adds a price-discovery mechanism to the country’s existing administrative framework.