TTF front-month gas contracts traded near €27.5–28/MWh early in the first week of January 2026, hitting six-week highs on Friday, January 2, as a cold snap increased heating demand across much of Europe. Despite the rise, prices remained well below levels seen in previous years, reflecting an ongoing bear trend supported by ample global supply […]
Electricity prices across the Southeast European (SEE) region fell significantly in Week 01 of 2026 compared to Week 52 of 2025, driven by reduced demand during the New Year holidays and higher wind and solar generation. With the exception of Italy, all markets reported week-on-week price declines, many in the high single-digit to low double-digit
Romanian natural gas producer Romgaz has received another extension to utilize public funding for the long-delayed Iernut combined-cycle gas power plant, following a government decision adopted at the end of 2025. The decision amended the rules of the National Investment Plan, extending the deadline for completing and commissioning funded projects to 31 December 2026, while
Montenegro has commissioned its first landfill gas power plant at the Mozura municipal waste site near Bar, creating a new source of electricity while reducing environmental impacts. Valued at approximately €1.8 million, the facility is the first of its kind in Montenegro and the surrounding region, transforming landfill gas from a pollutant into a usable
Croatia: Omišalj LNG terminal to auction unallocated regasification capacity in February Read More »
The operator of Croatia’s LNG terminal in Omišalj is set to offer additional regasification capacity in a new auction scheduled for 2 February. LNG Hrvatska will release volumes that remained unallocated in previous tenders, covering selected gas years from 2026/2027 to 2029/2030, as well as a later period from 2037/2038 to 2039/2040. The available capacity
Bulgaria to receive up to €1.3bn from EU Just Transition Fund to transform coal regions Read More »
Bulgaria is poised to receive between €1.178 billion and €1.3 billion from the European Union’s Just Transition Fund, a key mechanism designed to support regions most affected by the phase-out of coal and other carbon-intensive industries. The funding will primarily target areas historically dependent on mining and thermal power generation, including Stara Zagora, Pernik and
Bosnia and Herzegovina: RS launches €460m Eastern Interconnection gas pipeline project Read More »
The Republic of Srpska (RS) is advancing a major gas infrastructure project after Sarajevo Gas launched a public procurement procedure for the design and construction of the so-called Eastern Interconnection pipeline. The contract is estimated at around €460 million excluding VAT, making it one of the most significant investments in the country’s gas sector in
Despite a year marked by serious operational challenges, the electricity sector of the Republic of Srpska (RS) maintained its investment momentum throughout 2025. Exceptionally poor hydrological conditions, combined with thermal power plants struggling with inconsistent coal quality and supply disruptions, resulted in reduced overall electricity generation. Nevertheless, electricity supply to consumers remained secure, and prices
Europe: Ukraine boosts winter grid security with higher EU power import capacity Read More »
Ukraine has significantly expanded its ability to import electricity from the European Union after technical limits on cross-border imports to the combined Ukraine–Moldova zone were raised to 2,450 MW for January, replacing the previous ceiling of 2,150 MW. This increase widens the margin available to manage system stress during the winter season, when demand peaks
Slovenia: Mercator exits fuel retail, sells Maxen network to UAE’s Sunqar Resources Read More »
Slovenian retailer Mercator, part of the Croatian Fortenova Group, has officially exited the fuel retail business by completing the sale of M Energija, the operator of Slovenia’s Maxen petrol station network. The buyer is Sunqar Resources, a petroleum wholesaler headquartered in the United Arab Emirates. The divestment reflects a strategic realignment rather than a major
