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Region: Hungary and Bulgaria resolve Russian gas transit issue amid US sanctions

Hungary and Bulgaria have reached an agreement to continue the transit of Russian gas, despite the recent imposition of US sanctions on "Gazprombank", the...

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Serbian power prices drop as Hungary-Germany spread widens sharply

Serbian day-ahead electricity prices fell for October 8 delivery, while Hungary, Bulgaria and Montenegro recorded increases, widening regional price differences and keeping electricity costs...

Romania’s day-ahead power prices surge 81% year on year in September

Romania’s average day-ahead electricity price reached €176.14/MWh in September, marking an 81.49% increase from a year earlier and a 16.53% rise compared with August,...

Bulgaria’s power prices jump 16% as September trading volume hits 3.1 TWh

Bulgarian day-ahead electricity prices rose 16% in September, increasing wholesale purchasing costs on the Independent Bulgarian Energy Exchange as traded volumes also expanded. The average...

Nuclearelectrica targets €800 million EIB loans for Cernavoda unit 1 overhaul

Nuclearelectrica plans to pursue €800 million in European Investment Bank financing for the refurbishment of Cernavoda unit 1, with the work intended to extend...

Romania–Moldova interconnector expansion supported by US funding and new line

Moldova is advancing the Straseni–Gutinas electricity interconnector with Romania to expand access to alternative supplies and reduce exposure to disruptions in regional power infrastructure....