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operational revenues

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Romania: Transelectrica recorded 41.5 million euros in profit in the first nine months

Electricity transmission system operator Transelectrica recorded a net profit of 41.5 million euros in the first nine months, which is 51% lower compared to...

North Macedonia: OKTA recorded a 95% lower profit in H1

Oil refinery OKTA, owned by Greek Hellenic Petroleum, recorded a net profit of 600,000 euros in the first half of 2023, compared to a profit of...

Slovenia: Gas supplier Geoplin recorded a 28 million euros loss

In 2022, Slovenian wholesale gas supplier Geoplin Group nearly doubled its operating revenues, as a result of higher natural gas prices on the exchanges....

Montenegro: EPCG recorded 4 million euros profit in 2022

Montenegrin state-owned power utility "Elektroprivreda Crne Gore" recorded a net profit in the amount of 4 million euros in 2022, compared to a profit...

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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,...