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Bulgaria: ESO to invest 760 million euros in electricity network upgrade

The Bulgarian Electricity System Operator (ESO) plans to implement a project to modernise and expand its grid. The project is worth 760 million euros,...

Bulgaria, Toplofikatsiya Sofia should record a loss in the amount of 64 million euros in 2021

Bulgarian district heating provider Toplofikatsiya Sofia should record a loss in the amount of 64 million euros in 2021, due to soaring prices of...

Bulgaria, Bulgartransgaz’ 10-year NDP envisages interconnections with neighboring countries

Bulgarian natural gas transmission system operator Bulgartransgaz presented its ten-year network development plan for the 2021-2030 period, which envisages the construction and putting into...

Bulgaria: Bulgartransgaz management might be removed

Last week, Commission for Energy and Water Regulation KEVR presented a report which stated that Bulgartransgaz had failed to obtain tentative approval for the...

Bulgaria: Wholesale gas price hike for July approved

A 10.3 % increase of wholesale natural gas price for July, was approved by Bulgarian Commission for Energy and Water Regulation (KEVR) significantly higher...

Bulgaria: Bulgargaz plans to propose wholesale gas price increase

In March 2020 Bulgarian state-owned gas supplier Bulgargaz and Gazprom Export have finalized an agreement on 40.3 % reduction of the price at which...

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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,...