Europe: TTF gas prices...

In the first week of November 2025, TTF natural gas futures traded within...

Region: Electricity prices in...

During Week 45 of 2025, electricity prices across Southeast Europe (SEE) rose sharply...

Montenegro to open first...

The Montenegrin Ministry of Energy announced that it will open bids for the...

Montenegro: Average household electricity...

The average household electricity bill in Montenegro for October 2025 amounted to 32.21...
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Bulgaria

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Bulgaria strengthens fuel security amid Lukoil sanctions and partial reliance on foreign reserves

Bulgaria’s strategic fuel reserves stored within the country are sufficient to cover about one month of domestic consumption, according to Asen Asenov, head of...

Bulgaria takes full control of Lukoil operations under new emergency law

Bulgaria’s Parliament has passed sweeping legislation granting a state-appointed special commercial administrator (SCA) full control over the Bulgarian assets of Russian oil giant Lukoil,...

Bulgaria: IBEX reports record intraday trading volume and sharp rise in electricity prices in October 2025

In October 2025, a total of 2,365,222.6 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), marking...

EU report: Bulgaria must accelerate energy transition and reduce dependence on Russian gas

According to a new report from the European Commission, Bulgaria has made notable progress in diversifying its energy mix but remains significantly dependent on...

Bulgaria: President vetoes amendment requiring security agency approval for Lukoil asset sales

Bulgarian President Rumen Radev has vetoed a recently adopted amendment that would have required the State Agency for National Security (SANS) to approve any...

Bulgaria: SUNOTEC signs five-year hedge agreement with Shell Energy Europe to support 600 MWh battery storage project

German-Bulgarian renewable energy company SUNOTEC has signed a five-year cross-border spread hedge agreement with Shell Energy Europe, aimed at ensuring price stability for its...

Bosnia and Herzegovina: Breakthrough achieved on 13-kilometer headrace tunnel for HPP Dabar, one of the largest in Europe

A ceremony marked the completion of the breakthrough phase of the headrace tunnel for Hydropower Plant (HPP) Dabar, one of the largest hydraulic tunnels...

Serbia: EPS launches €110 million modernization of Vlasina hydropower plants to boost capacity and extend lifespan

Serbia’s state-owned power utility EPS is continuing its hydropower modernization program, following upgrades at the Bajina Bašta, Zvornik, and Đerdap 1 plants. The next...

Montenegro: EPCG completes modernization of Perucica HPP Unit A7, extending lifespan and boosting efficiency

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit A7 at the Perucica hydropower plant, marking a major milestone in...

North Macedonia faces critically low hydropower reserves amid prolonged drought

Prolonged drought and scarce rainfall have severely reduced water levels in North Macedonia’s reservoirs and hydropower plants. According to data from state-owned power utility...

Slovenia: Hydropower output drops 24% in first nine months as uneven rainfall impacts generation

Hydropower plants along Slovenia’s main rivers generated 2,962.4 GWh of electricity in the first nine months of the year, a decline of more than...
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