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Serbia weighs cutting fuel excise relief as oil prices ease

Serbia is considering a gradual reduction of fuel tax relief as oil prices ease, President Aleksandar Vučić said. He added that the country may...

Montenegro Extends Fuel Tax Relief Amid Global Oil Price Fluctuations

In light of persistent volatility in global energy markets, the Montenegrin government has announced an extension of its temporary reduction in fuel excise duties....

North Macedonia Experiences Surge in Cross-Border Fuel Demand Amid Price Adjustments

Recent developments in North Macedonia's fuel market indicate a notable increase in cross-border fuel demand, largely influenced by the country's competitive pricing strategy. Authorities...

Romania: Government to introduce fiscal measures including VAT and fuel tax increases to reduce budget deficit

In the coming weeks, the Romanian Government plans to finalize a series of fiscal tightening measures aimed at reducing the budget deficit. Key components of...

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SEE power markets 8/9 split as solar deepens midday lows while Italy keeps premium

Day-ahead electricity prices across Southeast Europe diverged sharply for delivery on Tuesday, September 8, as stronger solar supply compressed daytime values while Italy and...

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,...