Power Markets

Romania: ib vogt secures...

A major solar project in Romania has advanced to its next phase after...

Europe must double grid...

More than one-third of Europe’s low-voltage electricity networks are already over 40 years...

Europe: Brent oil rebounds,...

Brent crude oil futures for the Front Month on the ICE market reached...

Europe: Electricity prices fall...

During the second week of November, average electricity prices fell in most major...
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Slovenia will fully regulate its fuel prices

Prices of fuel sold along motorways and expressways have been deregulated since 2016, as has the price of heating oil and premium petrol regardless...

Romania: Dacian Petroleum agreed to buy 40 OMV Petrom’s oil and gas production fields

Dacian Petroleum company was founded by Ion Popa, former General Manager of Petrom prior to privatization, together with three former top executives of the...

Romania: Decreasing of fuel consumption in 2020

Due to the coronavirus pandemic, fuel consumption in Romania will fall by 10% this year, and demand will not return to pre-pandemic levels earlier...

Kazakh-Romanian fund investing in petrochemical sector

The fund will invest 43 million dollars in the construction of a deparaffining plant on the petrochemical platform of the Petromidia refinery.The Kazakh-Romanian investment...

Greece: Coronavirus crisis decreased fuel demand

Due to coronavirus outbreak, the most pessimistic forecasts for fuel demand is confirmed by market data for March. This is off course in the...

Region: EIB proposes to end funding of fossil fuel projects

  The European Investment Bank (EIB) is suggesting ending loans to fossil fuel projects by the end of next year, as part of the European...

Latest news

Serbia: EPS outlines €2 billion hydropower investment strategy through 2035

Over the next decade, Serbia is expected to see nearly 2 billion euros invested in its hydropower sector, with around 760 million euros planned...

Bosnia and Herzegovina: HPP Visegrad increases monthly production, still below last year’s level

The hydropower plant Visegrad, operated by ERS subsidiary Hidroelektrane na Drini, generated 37.91 GWh of electricity in October 2025. This represents a 31.3 percent...

Slovenia: Government reports progress on 28 MW Mokrice hydropower plant

The National Assembly expects the Government to accelerate development of the Mokrice hydropower plant and to submit progress reports every three months. The Government...

Bosnia and Herzegovina: Breakthrough achieved on 13-kilometer headrace tunnel for HPP Dabar, one of the largest in Europe

A ceremony marked the completion of the breakthrough phase of the headrace tunnel for Hydropower Plant (HPP) Dabar, one of the largest hydraulic tunnels...

Serbia: EPS launches €110 million modernization of Vlasina hydropower plants to boost capacity and extend lifespan

Serbia’s state-owned power utility EPS is continuing its hydropower modernization program, following upgrades at the Bajina Bašta, Zvornik, and Đerdap 1 plants. The next...
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