Romanian households faced the EU’s highest electricity costs on a purchasing-power basis in the first half of 2026. The country also recorded the bloc’s largest annual rise in household gas prices, at 9.3%.
Bulgaria, Romania, Croatia and Hungary are among more than a dozen EU countries opposing plans to favour electricity through taxation and common rules for grid charges. Governments want flexibility to set tariffs and taxes around domestic conditions.
Day-ahead electricity prices for 9 November 2026 rose sharply across Southeast Europe, reaching more than €388/MWh in Romania and €352.52/MWh in Serbia. The increases raise potential procurement and liquidity risks for utilities, traders and industrial buyers, although the auction results do not establish realised prices for the full trading day.
Battery warranties are becoming part of project financial models as Southeast Europe plans storage systems with durations of four and five hours. Guarantees on cycles, retained capacity and availability can affect debt sizing, revenue assumptions and terminal value.
Your trusted source for electricity market news, trading data and energy market analysis across Southeast Europe.
Partial cancellation of supervision tender
Serbia’s public-procurement review authority has partially cancelled the tender procedure covering professional construction supervision for the planned Serbia–Hungary oil pipeline....
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BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.
Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.
Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.
European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.
Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.