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Hungary authorizes release of strategic fuel reserves to stabilize market

In response to increasing uncertainties in international energy markets, Hungary has decided to release substantial quantities of fuel from its strategic emergency reserves. This...

Greece enacts fuel margin caps to address energy cost challenges

The Greek Government has initiated a series of emergency measures aimed at alleviating the burden of rising energy costs on consumers. This response comes...

Bulgaria: Energy production and consumption trends in January 2025

In January 2025, Bulgaria's energy sector saw notable changes in production and consumption across various energy resources. According to data from the National Statistical...

Romania: OMV Petrom to supply Cluj International Airport with sustainable aviation fuel in 2025

Romanian oil and gas company OMV Petrom will supply Cluj International Airport with sustainable aviation fuel (SAF) in 2025, supporting efforts to reduce carbon...

Romania: OMV Petrom to invest 2 billion euros in Petrobrazi refinery by 2030

OMV Petrom announcer an extensive modernization programme at Petrobrazi refinery in Romania. The estimated investments to produce biofuels, green hydrogen, and other products with low...

North Macedonia: Makpetrol expects higher net profit in 2024

Fuel retailer Makpetrol expects to generate a net profit of 873.1 million denars (14.2 million euros) in 2024, up 13% compared with a year...

Latest news

EU recognition of Western Balkan renewable certificates could boost PPAs but not replace CBAM verification

Renewable generators in Serbia, Montenegro and other Energy Community markets could gain access to a broader European market for the environmental attributes of their...

EU reforms could restore multi-trader electricity exports while leaving contractual risks unresolved

European Union policymakers are considering changes that could make it easier for renewable electricity from neighbouring countries to qualify for actual-emissions treatment under CBAM....

Domestic industrial PPAs open new revenue opportunities for Serbian and Montenegrin renewables

Domestic industrial demand can support renewable investment and improve electricity cost predictability, but the carbon value of a power purchase agreement depends on the...

Montenegro’s electricity exporters need stronger PPAs to secure Italian market revenues

The Adriatic interconnector gives Montenegro's renewable generators access to Italian buyers, but investment returns depend on carbon treatment, delivery profiles and the fallback provisions...

Serbian renewable projects face new contractual challenges on the Hungary export corridor

Export PPAs can expand market access for wind and solar projects, but the revenue ultimately reaching developers depends on delivery rights, trading costs and...