Region: Bulgaria lowers loan interest for gas interconnection project with Serbia Read More »

Region: Bulgaria lowers loan interest for gas interconnection project with Serbia

The Council of Ministers has approved revised conditions for a state-guaranteed loan supporting the construction of the Bulgaria–Serbia gas interconnection. The financing agreement, valued at nearly 50 million euros, was originally signed on January 25, 2023, between gas transmission operator Bulgartransgaz and ING Group. Due to improved market conditions, Bulgaria’s anticipated entry into the Eurozone, […]

Bulgaria: IBEX day-ahead market sees 3.9% drop in traded volume, prices surge by over 20% in September 2025 Read More »

Bulgaria: IBEX day-ahead market sees 3.9% drop in traded volume, prices surge by over 20% in September 2025

In September 2025, a total of 2,410,532.9 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), marking a 3.9% decrease compared to August. The average daily traded volume reached 80,351.1 MWh. However, compared to the same month in 2024, the traded volume was 1.7% higher. The average baseload

Bosnia and Herzegovina: Republic of Srpska replaces Chinese partners in €750 million Trebinje wind farm project Read More »

Bosnia and Herzegovina: Republic of Srpska replaces Chinese partners in €750 million Trebinje wind farm project

The Government of the Republic of Srpska has terminated its contract with Chinese Zhongbo Group and China Power PTE from Singapore, who were previously selected to develop the Trebinje wind farm. The concession for the construction and operation of the project was valued at more than 750 million euros. In their place, the Government has

Europe: TTF gas prices edge up in Week 39 of 2025 as Norwegian supply recovers and French LNG strikes disrupt deliveries Read More »

Europe: TTF gas prices edge up in Week 39 of 2025 as Norwegian supply recovers and French LNG strikes disrupt deliveries

TTF gas prices rose slightly in Week 39 of 2025 but remained within a narrow range. The gradual completion of maintenance works in Norway helped increase gas supply, while strikes in France disrupted LNG deliveries and limited imports. TTF gas futures on the ICE market for November 2025 delivery showed a modest increase during the

Europe: Electricity prices in Southeast and Central Europe surge in Week 39 of 2025 Read More »

Europe: Electricity prices in Southeast and Central Europe surge in Week 39 of 2025

During Week 39 of 2025, electricity market prices recovered significantly compared to Week 38 across Southeast European countries. All markets reported weekly average prices above €90/MWh, with Italy and Hungary exceeding €100/MWh. The increase was driven by rising weekly gas and CO2 emission allowance prices, even though electricity demand declined in most markets, along with

Serbia: Russian negotiators propose ownership and supply changes to shield NIS from US sanctions Read More »

Serbia: Russian negotiators propose ownership and supply changes to shield NIS from US sanctions

As US sanctions targeting Serbian Russian-owned oil company NIS approach their 8 October enforcement date, Russian negotiators have put forward several proposals aimed at avoiding restrictions, according to Serbian media reports. One proposal reportedly involves transferring the 11.3 percent stake in NIS, recently moved by Gazprom to its subsidiary Intelligence, to an American company. This

Serbia: SEEPEX reports September 2025 day-ahead market activity with rising prices despite lower trading volumes Read More »

Serbia: SEEPEX reports September 2025 day-ahead market activity with rising prices despite lower trading volumes

In September 2025, a total of 457,625 MWh of electricity was traded on the day-ahead market of the Serbian energy exchange SEEPEX, marking a 4.3 percent decrease compared to August, with an average of 15,254.2 MWh per day. Trading volumes were also 9.9 percent lower than in the same month of the previous year. The

E.ON Energie Romania delivers 400th solar power plant, expands into long-term energy agreements Read More »

E.ON Energie Romania delivers 400th solar power plant, expands into long-term energy agreements

E.ON Energie Romania has reached a major milestone with the completion and delivery of its 400th turnkey solar power plant for partner companies, achieved in September. The total value of these projects exceeds 75 million euros. The solar facilities, installed across multiple partner locations, cover more than 374,000 square meters and include approximately 187,000 panels.

Hungary secures 10-year LNG supply deal with Engie to bolster energy security Read More »

Hungary secures 10-year LNG supply deal with Engie to bolster energy security

Hungary has concluded its longest-ever liquefied natural gas (LNG) supply agreement with French company Engie, securing long-term energy stability through a 10-year contract running from 2028 to 2038. Under the deal, Hungary will import 400 million cubic meters of LNG annually, amounting to a total of 4 billion cubic meters over the contract period. Deliveries

Bulgaria: Sunterra RE expands battery storage capacity at Kaloyanovo solar power plant Read More »

Bulgaria: Sunterra RE expands battery storage capacity at Kaloyanovo solar power plant

Bulgarian renewable energy company Sunterra RE has expanded the capacity of its Kaloyanovo solar power plant near Plovdiv by installing an additional battery energy storage system (BESS). The new system provides 47 MW of installed power and 94 MWh of storage capacity. The project is intended to enhance grid stability by storing surplus solar energy

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