Europe: Brent oil rebounds,...

Brent crude oil futures for the Front Month on the ICE market reached...

Europe: Electricity prices fall...

During the second week of November, average electricity prices fell in most major...

Europe: Electricity demand rises...

During the week of November 10, electricity demand rose in most major European...

Europe: Solar output falls,...

During the week of November 10, solar photovoltaic production declined across all major...
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Hungary: US lifts sanctions on Paks nuclear expansion project

The United States has lifted sanctions related to the construction of new units at Hungary’s Paks nuclear power plant, a project being developed by...

Hungary: Paks 2 moves toward main construction phase with new regulatory approvals

The Hungarian Atomic Energy Authority (OAH) has issued new construction permits enabling the start of foundation concrete pouring for unit 5 at the Paks...

Hungary: MOL CEO says Danube refinery fire caused by technical failure, not sabotage

MOL Group CEO Zsolt Hernadi has dismissed claims that the recent fire at the company’s Danube refinery in Százhalombatta was the result of sabotage...

Hungary: HUPX day-ahead power price jumps 20 % in October 2025

The average day-ahead electricity price on the Hungarian power exchange HUPX reached 122.09 euros/MWh in October 2025, marking a 20 percent increase compared to...

Hungary granted one-year US sanctions waiver to continue importing Russian energy

Hungarian Prime Minister Viktor Orbán announced that Hungary has secured an exemption from US sanctions on Russian oil and gas, following a meeting with...

Hungary boosts domestic oil production to record levels in bid for greater energy security

Hungary continues to rely heavily on imported oil, but the country is stepping up efforts to strengthen domestic production as part of a long-term...

Bosnia and Herzegovina: HPP Visegrad increases monthly production, still below last year’s level

The hydropower plant Visegrad, operated by ERS subsidiary Hidroelektrane na Drini, generated 37.91 GWh of electricity in October 2025. This represents a 31.3 percent...

Slovenia: Government reports progress on 28 MW Mokrice hydropower plant

The National Assembly expects the Government to accelerate development of the Mokrice hydropower plant and to submit progress reports every three months. The Government...

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...
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