Europe: Oil, gas and...

Brent crude oil futures for the front-month contract on the ICE market reached...

European power prices rise...

During the first week of November, average electricity prices rose in most major...

Europe: Electricity demand rises...

During the first week of November, electricity demand rose across the main European...

Solar and wind power...

During the week of November 3, solar photovoltaic (PV) production increased across all...
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Bulgaria: Higher wholesale gas prices approved for October

State-owned gas supplier Bulgargaz initially proposed a 10.5 % price hike, but later revised the proposal to 10 %. Bulgarian Commission for Energy and...

Romania: Romgaz blames Government for its decreased net profit

Romgaz forecasts that it will record a net profit of some 200 million euros this year, 26 % lower than the initial estimate. The profit,...

Romania: Decreased gas price expected during winter season 2020, lower than in 2019

The gas price during the upcoming winter season will be lower compared to last winter as natural gas became cheaper in Romania following the...

Romania: Lower gas prices should be the outcome of the market liberalization

The final stage of the gas market liberalization process starts on 1 July with the transition of about 3.4 million household customers from the...

Bulgaria: Gas price cut for July at Bulgargaz

Bulgargaz a Bulgarian state-owned gas supplier proposed a decrease in wholesale natural gas price for July. Decrease of 4.13 % is expected. The company...

Bulgaria: Possible further drop of gas prices

The wholesale price of natural gas could fall further than initially proposed 6.67 % drop by the company in early April, Bulgargaz Nikolay Pavlov,...

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...

Montenegro: EPCG completes modernization of Perucica HPP Unit A7, extending lifespan and boosting efficiency

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit A7 at the Perucica hydropower plant, marking a major milestone in...

North Macedonia faces critically low hydropower reserves amid prolonged drought

Prolonged drought and scarce rainfall have severely reduced water levels in North Macedonia’s reservoirs and hydropower plants. According to data from state-owned power utility...

Slovenia: Hydropower output drops 24% in first nine months as uneven rainfall impacts generation

Hydropower plants along Slovenia’s main rivers generated 2,962.4 GWh of electricity in the first nine months of the year, a decline of more than...
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