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Region: Italy and Greece to build new undersea power interconnector

Italian electricity transmission operator Terna and its Greek counterpart ADMIE have signed an agreement to construct a new undersea electricity interconnector between the two...

Bulgaria: Transported volume via IGB gas pipeline exceeded 15.5 million MWh in 2023

More than 15.5 million MWh of natural gas were transported via the IGB pipeline in 2023, according to the ICGB, the operator of the...

Greece: Cypriot State to enter Great Sea Interconnector project

The Cypriot State’s entry into Greek power grid operator IPTO’s Great Sea Interconnector subsidiary formed for the development of a Greece-Cyprus-Israel electricity interconnection is...

Bulgaria: EWRC approved lower natural gas price for October

Bulgarian Energy and Water Regulatory Commission (EWRC) set the natural gas price for October at BGN 60.41 (around EUR 30) per MWh, excluding access,...

Greece: ADMIE enters ownership of EuroAsia Interconnector

  Greek electricity transmission system operator ADMIE will hold a 25% stake in the share capital of the EuroAsia Interconnector. The company is managing the...

Latest news

SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...