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Bulgaria: Energy Ministry compensates high electricity costs with over 143 million euros

The Ministry of Energy has reported that nearly 143 million euros have been paid out from the Electricity System Security Fund to cover high...

Hungary: Government to award 158 million euros for energy storage projects

The Hungarian government will allocate 62 billion HUF (158 million euros) for grid-scale energy storage projects in order to facilitate further deployment of renewable...

Albania: Gener 2 is interested in developing a 50 MW solar project

Construction company Gener 2 has expressed interest in developing a 50 MW solar photovoltaic plant near the town of Finiq, the Albanian energy ministry...

Greece: RES auction for PVs with batteries to be held in March

RES auction offering 200 MW for solar power plants with batteries will be held in March and will require successful bidders to accept greater...

Albania: Auction for 300 MW solar projects launched

The energy ministry has opened an auction for private investors interested in providing photovoltaic power projects with a cumulative capacity of 300 MW, minister Belinda Balluku...

Hungary: Electricity and gas consumption fell significantly

Electricity and natural gas consumption in Hungary decreased in 2023 compared to previous years, according to the energy ministry. Gas consumption amounted to 8.5...

Latest news

SEE power markets remain exposed to gas supply risks ahead of winter

Southeast European power markets entered the final part of September with lower electricity demand and sharply reduced gas-fired generation, while exposure to gas supply...

Italy and Croatia see higher LNG inflows as Greek receipts decline

LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...

Croatia’s renewable output plunges as hydro gains fail to offset rising power imports

Croatia recorded a 54.3% decline in variable renewable generation in the week to 20 September, marking one of the steepest drops in the region,...

SEE wind and solar output falls faster than electricity demand

Southeast Europe’s variable renewable electricity generation declined faster than power demand in the week ending 20 September, limiting the downward pressure on electricity prices...

SEE gas-fired power generation drops 13.6% as coal output edges higher

Gas-fired electricity generation across the Southeast European markets covered fell 13.60% in the week ending 20 September, declining at more than twice the rate...