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Serbia to raise residential electricity prices by 7% under IMF agreement

Serbian households will face a minimum 7% electricity price increase by the end of September 2025, in line with commitments under the country’s IMF-supported...

Bulgaria approves 8.42% electricity price increase for households starting January 2025

Bulgaria's Energy and Water Regulatory Commission (EWRC) has approved an average electricity price increase of 8.42% for household consumers, effective from January 1, 2025....

Montenegro: EPCG not considering electricity price hike this year, despite financial strain

Ljubisa Djurkovic, Technical Director of Montenegrin state-owned power utility EPCG, has stated that the company is not contemplating an increase in electricity prices for...

Serbia, Increase in gas and electricity prices is inevitable

The Fiscal Council warns that the current electricity and gas prices are unsustainable. That body states that, in order for the electric power system...

Hungary, Draft budget submitted to the Parliament includes an 1.7 billion euros fund aimed at protecting consumers from gas and electricity price increases

State Secretary at the Hungarian Ministry of Finance Peter Beno Banai said that the draft budget submitted to the Parliament includes an 1.7 billion...

Latest news

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,...