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Serbia to Extend Russian Gas Supply Agreement Amid Domestic Reserves

Serbia is poised to prolong its natural gas supply agreement with Russia for an additional six months, as the current contract is set to...

Europe: Slovakia ties support for EU sanctions on Russia to long-term gas deal extension

Slovak Prime Minister Robert Fico has stated that Slovakia will only lift its veto on the European Union’s eighteenth sanctions package against Russia if...

Hungary to import up to 8.5 billion cubic meters of Russian gas in 2025

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó announced that Hungary plans to import between 8 and 8.5 billion cubic meters of natural...

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SEE power markets remain exposed to gas supply risks ahead of winter

Southeast European power markets entered the final part of September with lower electricity demand and sharply reduced gas-fired generation, while exposure to gas supply...

Italy and Croatia see higher LNG inflows as Greek receipts decline

LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...

Croatia’s renewable output plunges as hydro gains fail to offset rising power imports

Croatia recorded a 54.3% decline in variable renewable generation in the week to 20 September, marking one of the steepest drops in the region,...

SEE wind and solar output falls faster than electricity demand

Southeast Europe’s variable renewable electricity generation declined faster than power demand in the week ending 20 September, limiting the downward pressure on electricity prices...

SEE gas-fired power generation drops 13.6% as coal output edges higher

Gas-fired electricity generation across the Southeast European markets covered fell 13.60% in the week ending 20 September, declining at more than twice the rate...