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Bulgaria’s Kozloduy Nuclear Expansion Prioritizes Cost Control and Local Industry Participation

The expansion of Bulgaria’s Kozloduy nuclear power plant is currently in a critical phase, with authorities emphasizing the need for stringent cost management and...

Romania: Delgaz Grid secured a 600 million euro loan for a network upgrade

E.On’s subsidiary Delgaz Grid, which operates electricity and natural gas distribution networks serving over 3 million households in north-east Romania, contracted a 3 billion...

Serbia: EPS launched a tender for geological exploration for coal mine Drmno expansion

Serbian power utility EPS has opened the tender for geological exploration works for the expansion of the open-pit mine Drmno to a capacity of...

Romania: US extends USD 57 million euros financing for NPP Cernavoda expansion

The Board of Directors of the main export credit agency of the United States, EXIM Bank US, approved the granting of a direct loan...

Bulgaria: EC approved 16 million euros for the Chiren gas storage facility expansion

The European Commission (EC) approved 16 million euro aid aimed to support the expansion of the underground gas storage facility Chiren, operated by natural gas...

Hungary: Russia approved 10 billion euros loan for NPP Paks II

Moscow has approved the agreement on a loan for the construction of the two new units at a nuclear power plant Paks. The agreement...

Latest news

Hungary and Serbia electricity prices surge as SEE import dependence grows and German price gap widens

Southeastern European day-ahead electricity markets showed sharp price divergence on Thursday, with Hungary and Serbia trading above €260/MWh as stronger demand, tighter regional supply...

Greece moves forward with first biomethane production facility

Greece is moving ahead with the development of its first biomethane production facility, following the issuance of an installation permit to DEPA Trade for...

Slovenia’s Brežice Solar Complex Reaches 15.34 MW

HESS, Slovenia’s hydropower producer, has commissioned two solar facilities at the Brežice hydropower plant, bringing total photovoltaic capacity at the site to 15.34 MW....

Romania weighs extending household gas protections beyond 2027

Romania may delay the full liberalisation of gas prices for households beyond March 2027, as policymakers weigh the risk of higher bills against the...

Fitch Affirms Romgaz at BBB- as Neptun Deep Raises Growth and Debt Risks

Romanian gas producer Romgaz has kept its BBB- rating, with a negative outlook, as expected growth from the Neptun Deep offshore gas development is...