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EU: 13.4 billion cubic meters of gas offered at the first joint gas purchase tender

The first joint gas purchase tender under the AggregateEU mechanism attracted bids from 25 gas suppliers totalling over 13.4 billion cubic meters of gas....

Slovenia, Subsidies for electricity and gas suppliers 350 million euros in 2023.

The Slovenian government will provide financial support worth EUR 350 million annually for electricity and natural gas distributors to compensate them for their obligation...

Bulgaria revises transit agreements with Gazprom after gas supplies are cut off

Russia's Gazprom has stopped supplying gas to Bulgaria and Poland and warned them not to take fuel from other countries for gas. Bulgarian Prime...

Bulgaria, Police launched investigation of state-owned gas supplier Bulgargaz

Gas supplier Bulgargaz confirmed that several investigation are currently being carried out by the State Agency for National Security (SANS) and the Bulgarian police. The...

Romania, District heating provider Colterm has entered insolvency and is unable to pay its debts for already supplied gas

Earlier this week, natural gas suppliers have halted the deliveries of this resource needed for providing district heating services in the city of Timisoara....

Romania, Romanian gas suppliers unable to secure contracts with Gazprom

According to Elena Alexandru from the Association of Energy Suppliers (AFEER), Romanian natural gas suppliers such as E.ON and Engie are currently importing Russian...

Latest news

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,...

SEE power enters autumn as solar prices collapse and evening costs surge

Southeast Europe’s electricity market is entering autumn with an increasingly divided price structure, as abundant solar generation pushes daytime prices toward zero while evening...