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Paks II commissioning timeline uncertainty as Hungary’s nuclear replacement window tightens

Paks II schedule risk extends into 2035 Hungary’s Paks II nuclear expansion could see completion pushed to 2035, according to an internal construction timetable cited...

Serbia Considers Minority Stake in Hungary’s Paks 2 Nuclear Power Plant

In a significant move towards enhancing regional energy security, Serbia is contemplating the acquisition of a minority stake in Hungary's Paks 2 nuclear power...

Hungary: Paks II nuclear project set to begin major construction phase in November

Hungary’s Paks II nuclear project is entering a critical phase this November, when Rosatom, the Russian state-owned nuclear company, is scheduled to pour the...

Hungary seeks exemption from U.S. sanctions to advance Paks II nuclear project

Hungary has officially requested an exemption for the Paks II nuclear project from the sanctions imposed by the previous U.S. administration, which are hindering...

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Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...