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Bulgaria suspends €512,000-a-day gas capacity payments to BOTAŞ for 15 months

On 6 July, Bulgargaz and Türkiye’s BOTAŞ agreed to suspend the existing commercial terms of their contract for 15 months. During the suspension, Bulgaria...

Region, Romania-Hungary cross-border gas capacity to increase by 50 %

Gas transmission capacity in the direction of Hungary at the Csanadpalota interconnection point on the Romanian-Hungarian border will be increased by almost 50 %...

Serbia, Will the country have enough gas for the winter?

The price of gas in Europe exceeded 3,000 dollars per thousand cubic meters, after the news that the "North Stream" will stop working for...

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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,...