Power Markets

Romania: Cernavoda Unit 2...

Unit 2 of Romania’s sole nuclear power plant, Cernavoda, was brought back online...

Montenegro: Major renewable energy...

Two significant renewable energy projects are progressing in the village of Korita, located...

Bulgaria: Solaris Holding launches...

Solaris Holding, a joint venture between Bulgarian-German solar developer Sunotec and Eurohold Bulgaria,...

Bosnia and Herzegovina: Electricity...

Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) reached 512...
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Hungary criticizes EU plan to end Russian energy imports by 2027

Hungarian Foreign Minister Péter Szijjártó has strongly opposed the European Commission’s newly unveiled plan to phase out all imports of Russian gas, oil and...

Europe: EU plans legal path to end Russian gas contracts without penalties

The European Union is developing legal measures that would allow companies to terminate long-term contracts for Russian gas without facing penalties, citing force majeure....

EU gas reduction exceeded targets

The REPowerEU policy has done well so far in its aim of ending Europe’s dependency on Russian fossil fuels by 2027. The target of...

EU: Oil import dependency at its highest in 2022

The EU’s import dependency for the entire family of crude oil and petroleum products surged to a new record high of 97.7% in 2022....

Croatia: EC approved modified RRP

The European Commission gave a positive assessment of Croatia's modified recovery and resilience plan (RRP), which includes a REPowerEU chapter worth 10 billion euros,...
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