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TAP pipeline

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Region: TAP pipeline delivers 50 billion cubic meters of gas to Europe since 2020

The Trans-Adriatic (TAP) pipeline has delivered its 50th billion cubic meter of natural gas to European markets since it began operations in 2020. With...

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Serbia’s day-ahead power prices surge as Southeast European markets diverge

Day-ahead electricity prices in Serbia rose by €47.20/MWh to €150.18/MWh for October 1, as Hungary, Romania and northern Balkan markets recorded significant increases, while...

500 MW combined-cycle gas plant joint venture advances in Niš

Serbia’s EPS and Srbijagas have agreed with Azerbaijan’s SOCAR to set up a joint venture for a planned 500 MW combined-cycle gas power plant...

Transelectrica launches €90.4m digital upgrade for Alba Iulia 220/110/20 kV substation

Romanian transmission operator Transelectrica has launched a €90.4 million upgrade of its Alba Iulia 220/110/20 kV substation, excluding VAT. The project is intended as...

Rezolv financing up to €561 million for 1.3 GW Dama Solar in Romania

Rezolv Energy has secured financing of up to €561 million for its 1.3 GW Dama Solar development in western Romania, enabling the project to...

Romania’s Romgaz rejects 20-year US LNG contract amid projected losses

Romanian gas producer Romgaz has rejected a proposed 20-year US LNG contract. The company said its assessment pointed to potential annual losses ranging from...