Europe: Natural gas prices...

European natural gas prices saw a third consecutive day of increases in the...

Region: SEE electricity market...

In Week 51 of 2024, electricity prices in the Southeastern Europe (SEE) region...

Europe: Oil, gas and...

During the penultimate week of December, Brent oil futures for the Front Month...

Europe: Electricity prices drop...

In the penultimate week of the year, European electricity markets saw notable price...
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Romania: Transelectrica announces partial commissioning of Resita substation to boost interconnection with Serbia

Romania’s electricity transmission system operator, Transelectrica, has announced the partial commissioning of the new 400 kV Resita substation, a key milestone in enhancing the...

Romania: Transelectrica reports 99% surge in net profit for first nine months of 2024

Romanian electricity transmission system operator Transelectrica reported a net profit of €83.5 million for the first nine months of 2024, marking an impressive 99%...

Romania: Transelectrica advances construction of 220 kV transmission line to support hydropower energy evacuation

Romanian electricity transmission system operator Transelectrica has reported significant progress on the construction of the 220 kV double circuit transmission line connecting Ostrovu Mare...

Romania: Transelectrica secures €64 million from Modernization Fund for 400 kV line upgrade

Romanian electricity transmission system operator Transelectrica has signed its 11th financing contract from the Modernization Fund, securing €64 million for the upgrade of the...

Region: Romania, Georgia, Azerbaijan and Hungary launch joint venture for Black Sea submarine cable to enhance renewable energy connectivity

Romanian transmission system operator Transelectrica, Georgian transmission system operator Georgian State Electrosystem, Azerbaijan’s power utility AzerEnerji, and Hungary’s power utility MVM have announced the...

Romania: Transelectrica reports €52.8 million net profit for H1 2024, sees revenue growth and increased operating costs

Romanian electricity transmission system operator Transelectrica recorded a net profit of €52.8 million in the first half of 2024, marking a substantial 63% increase...
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