Bulgaria secures EU renewable energy funding to boost solar and storage in coal regions Read More »

Bulgaria secures EU renewable energy funding to boost solar and storage in coal regions

Bulgaria has confirmed its role as a host country under the European Union’s Financial Mechanism for Renewable Energy, following an invitation from the European Commission’s Directorate-General for Energy to express binding interest for the 2026 funding round. Under the planned scheme, the European Commission will launch a dedicated call to support renewable energy investments located […]

Bulgaria: IBEX day-ahead market marks 10 years of transparent and growing power trading Read More »

Bulgaria: IBEX day-ahead market marks 10 years of transparent and growing power trading

The day-ahead market segment on the Independent Bulgarian Energy Exchange (IBEX) is marking its 10th anniversary, celebrating a decade since the launch of the first organized electricity market in Bulgaria. This segment laid the foundations for transparent, market-based and publicly traceable electricity trading, becoming a cornerstone of the country’s power market architecture. Speaking on the

Europe: Brent, TTF gas and EU carbon prices rise amid geopolitical risks and cold weather forecasts Read More »

Europe: Brent, TTF gas and EU carbon prices rise amid geopolitical risks and cold weather forecasts

During the third week of January, Brent oil futures for the Front Month on the ICE market continued the upward trend that began at the end of the previous week, reaching their weekly maximum settlement price of $66.52/bbl on Tuesday, January 14. According to AleaSoft Energy Forecasting, this was the highest Brent Front Month price

Europe: Electricity prices show mixed trends in third week of January, driven by renewables and demand Read More »

Europe: Electricity prices show mixed trends in third week of January, driven by renewables and demand

During the third week of January, electricity prices in most major European markets showed an upward trend, although in many cases they remained below the levels seen in the first days of the previous week. As a result, weekly average prices in most markets fell compared to the prior week, with a few exceptions. The

Europe: Electricity demand shows mixed trends following epiphany holiday Read More »

Europe: Electricity demand shows mixed trends following epiphany holiday

During the week of January 12, electricity demand increased in most major European markets compared to the previous week. The Italian market recorded the largest rise, 6.8%, followed by a 5.0% increase in Spain. The Portuguese market showed the smallest growth, 1.7%, while Germany rose by 2.0%. Both the Italian and German markets marked their

Serbia appoints Transportgas Srbija as national gas transmission operator, advancing sector reform Read More »

Serbia appoints Transportgas Srbija as national gas transmission operator, advancing sector reform

Serbia has taken another institutional step in restructuring its gas sector by formally designating a company to oversee and manage the country’s natural gas transmission system. The government confirmed the move at its most recent session, finalizing a process that has been ongoing for more than a year. Transportgas Srbija has been named the national

Serbia: NIS sees major ownership shift as Russian stake sold to MOL Read More »

Serbia: NIS sees major ownership shift as Russian stake sold to MOL

Serbian oil company NIS has entered a new ownership phase following months of US sanctions and negotiations over its shareholder structure. The Russian stake in the company has now been sold, marking a significant shift in control. The 56.15% share previously held by Russian interests has been transferred to Hungary’s MOL, making it the company’s

Romania: Verbund Green Power expands European wind pipeline through long-term Nordex partnership Read More »

Romania: Verbund Green Power expands European wind pipeline through long-term Nordex partnership

Verbund Green Power has taken a major step toward scaling up its European wind portfolio by formalizing a long-term cooperation with the Nordex Group, establishing a framework that could support the delivery of up to 700 MW of new onshore wind capacity through the remainder of the decade. The agreement outlines the conditions under which

Romania: Winter cold drives gas consumption up, prices surge on tight supplies Read More »

Romania: Winter cold drives gas consumption up, prices surge on tight supplies

Winter demand is placing significant pressure on Romania’s natural gas system, as colder temperatures trigger rapid use of seasonal reserves and push domestic prices higher. Latest figures indicate that roughly one third of the gas set aside for the heating season has already been consumed. After a relatively mild December, January brought a sharp drop

Scroll to Top