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EU urges Romania to revise energy price caps amid compliance concerns

The European Union has urged Romania to revise its energy price-capping scheme, asking the government to permit gas and electricity producers to establish their...

Croatia: EC warns Croatia over energy price subsidies

The European Commission has urged Croatia to take measures to align its policies with the Council's recommendations. Contentious issues have arisen regarding energy price...

Greece: Emergency measures in energy sector extended until the end of year

The Ministry of Energy extended the emergency measures, introduced to help the citizens cope with rising energy prices, by another three months. The measures...

Bulgaria: Axpo Bulgaria recorded 21 million euros profit in 2022

  Bulgarian subsidiary of Swiss renewable energy producer and trader Axpo Group - Axpo Bulgaria recorded a net profit of 20.6 million euros last year....

Croatia: Hrvatski Telekom and Professio Energia signed corporate virtual PPA

  Croatian telecommunication companies Hrvatski Telekom and Liburana, a wholly owned subsidiary of Professio Energie, have signed a 10-year virtual power purchase agreement (vPPA) for...

Latest news

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,...

SEE power enters autumn as solar prices collapse and evening costs surge

Southeast Europe’s electricity market is entering autumn with an increasingly divided price structure, as abundant solar generation pushes daytime prices toward zero while evening...