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Bulgaria: Overgas might expand to Western Balkans

Following Linden Energy’s acquisition of 50 % stake in the company, Bulgarian gas supplier Overgas said that it would consider the expansion of its...

Romania: Transgaz’ BBB- rating stable outlook

Rating agency Fitch Ratings has affirmed long-term Issuer Default Rating (IDR) of Romanian natural gas transmission system operator Transgaz at BBB- with a stable...

Croatia: HEP’s acquisition of gas distributor Darkom

With the acquisition of Darkom gas distribution, HEP Plin further strengthened the position of the largest distributor in Croatia in terms of the length...

Romania: Delgaz Grid’s distribution network investments in 2021

With a priority on the modernization and expansion of the natural gas and electricity distribution networks, Delgaz Grid, a part of the E.ON Romania...

Greece: Gas utility DEPA to acquire 49 % stake in solar developer North Solar

Greek Competition Commission has approved gas utility DEPA Trade to acquire 49 % stake in local solar developer North Solar, a company with 500...

Romania: Large increase of gas consumption expected in next 10 years

Romania’s natural gas consumption could increase by 50 % by 2030 if the Government plans to replace coal-based electricity generation with gas-based one, said...

Latest news

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,...