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EU achieves major energy milestones while targeting future efficiency improvements

The 2024 State of the Energy Union report highlights significant strides made by the European Union in securing its energy supply and transitioning to...

Greece: US state fund DFC is considering to invest in Greece-Cyprus-Israel interconnection

US state fund DFC is interested in becoming a stakeholder in the Great Sea Interconnector, planned to link the power grids of Greece, Cyprus...

Hungary: NPP Paks’s life span to be extended by 20 years

MVM Paksi Atomeromu, the company operating the Hungarian nuclear power plant Paks, has announced the extension of the plant’s lifespan to the European Union,...

Hungary: Alteo invests 14.5 million euros in battery storage

Hungarian energy company Alteo is spending 5.5 billion HUF (14.5 million euros) to install battery storage and gas engines to even out differences between...

Serbia to ensure energy supply together with Hungary

Hungary’s Minister of Foreign Affairs and Trade, Péter Szijjártó said in Belgrade that strategic links are being built between Hungary and Serbia in energy. He underlined...

Albania: Energy crisis measures extended until the end of 2023

The Albanian Government extended the state of energy supply emergency by an additional six months. The state of emergency in the energy sector was introduced in...

Latest news

Banatski Dvor expansion delays deepen Serbia’s reliance on Hungarian storage

Serbia’s Banatski Dvor underground gas storage expansion is experiencing further slippage, according to project timelines that have moved past the previously targeted end of...

Montenegro extends Sinjajevina wind project timeline to 2030

Montenegro has extended the development timetable for the 112 MW Sinjajevina I wind farm, moving the expected commercial operation target toward 2030. The revised...

Hungary granted temporary EU delay on Serbia gas capacity bundling rules

Hungary has received temporary approval from the European Commission to postpone full implementation of EU gas-capacity rules at its border with Serbia until the...

ADMIE secures equipment for €3.5bn of grid projects through 2029

Greek transmission operator ADMIE has secured equipment for projects worth about €3.5 billion, cutting procurement risk across more than half of its €6 billion...

Federation of Bosnia electricity generation up 15.8% in August as trade falls

Electricity production in the Federation of Bosnia and Herzegovina increased in August compared with August 2025, while both imports and exports declined from year-earlier...