Romania: Parapet and Alerion...

Romanian renewable energy engineering company Parapet has signed seven new contracts with Italian...

North Macedonia: Day-ahead power...

In October 2025, electricity trading on North Macedonia’s day-ahead market reached 146,498 MWh,...

Greece: ExxonMobil, Energean and...

A new stage in Greece’s offshore energy exploration has begun as ExxonMobil, Energean,...

Croatia: CROPEX electricity trading...

In October 2025, a total of 1,449,339.1 MWh of electricity was traded on...
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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...

Romania considers temporarily capping prices of balancing energy

To address the rise in electricity prices on the balancing market, Romanian Government drafted a set of measures to be considered for implementation, including...

Serbia: EPS launches €110 million modernization of Vlasina hydropower plants to boost capacity and extend lifespan

Serbia’s state-owned power utility EPS is continuing its hydropower modernization program, following upgrades at the Bajina Bašta, Zvornik, and Đerdap 1 plants. The next...

Montenegro: EPCG completes modernization of Perucica HPP Unit A7, extending lifespan and boosting efficiency

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit A7 at the Perucica hydropower plant, marking a major milestone in...

North Macedonia faces critically low hydropower reserves amid prolonged drought

Prolonged drought and scarce rainfall have severely reduced water levels in North Macedonia’s reservoirs and hydropower plants. According to data from state-owned power utility...

Slovenia: Hydropower output drops 24% in first nine months as uneven rainfall impacts generation

Hydropower plants along Slovenia’s main rivers generated 2,962.4 GWh of electricity in the first nine months of the year, a decline of more than...

Montenegro launches geological surveys for strategic HPP Krusevo

Geological surveys for the Krusevo hydropower plant have started, marking the first concrete step in one of Montenegro’s key energy projects. The work follows...
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