Europe: Electricity demand in early September shows mixed trends Read More »

Europe: Electricity demand in early September shows mixed trends

In the second week of September, electricity demand rose in most major European markets compared to the previous week. Italy recorded the largest increase, 4.1%, marking four consecutive weeks of growth. Germany, France, and Portugal also saw rises of 0.2%, 0.3%, and 0.8%, respectively, with Germany and Portugal extending a three-week upward trend. Conversely, demand […]

Solar and wind energy trends: Iberian solar rises while wind sees mixed results Read More »

Solar and wind energy trends: Iberian solar rises while wind sees mixed results

In the week of September 8, solar photovoltaic energy production increased in the Iberian markets compared to the previous week. Portugal saw the largest rise at 13 percent, following two weeks of declines. Spain recorded an increase of 2.3 percent, continuing its upward trend for the second consecutive week. During this period, both countries reached

Romania: Transgaz seeks approval to link Black Sea gas to regional pipeline network Read More »

Romania: Transgaz seeks approval to link Black Sea gas to regional pipeline network

Romania’s gas transmission operator Transgaz has requested an environmental permit to connect the Tuzla-Podisor pipeline—which will transport offshore Black Sea gas to the national grid—with the regional transmission lines T2 and T3. These north-south pipelines link Greece and Bulgaria with Ukraine and Moldova. The project would allow Black Sea gas to flow beyond Romania’s domestic

Romania: Romgaz terminates contract with Duro Felguera for Iernut gas plant Read More »

Romania: Romgaz terminates contract with Duro Felguera for Iernut gas plant

Romanian state-owned gas company Romgaz has officially terminated its contract with Spain’s Duro Felguera for the long-delayed Iernut natural gas-fired power plant. The Board of Directors approved the decision on 11 September, citing repeated failures by the contractor to meet obligations and deadlines. A termination notice was sent the same day, with the decision to

Hungary confirms Paks II nuclear expansion on track despite EU Court ruling Read More »

Hungary confirms Paks II nuclear expansion on track despite EU Court ruling

Hungarian Minister of Foreign Affairs and Trade, Peter Szijjártó, stated that the recent European Court of Justice ruling will not delay or obstruct the construction of two new reactor units at the Paks nuclear power plant. He emphasized that the court’s decision was directed against the European Commission, as it annulled an earlier ruling concerning

Montenegro: Average household electricity bills drop in August 2025 Read More »

Montenegro: Average household electricity bills drop in August 2025

In August 2025, the average electricity bill for Montenegrin households was €39.45, down 1.8% from July (€40.19) and 10.8% lower than August 2024 (€44.22). The lowest average monthly bill was recorded in Pljevlja (€19.4), while Ulcinj had the highest at €71.3. Breaking down consumption: 59.11% of households paid less than €30, 18.53% between €30 and

Hungary: MOL and O&GD begin production from new Galgaheviz oil well Read More »

Hungary: MOL and O&GD begin production from new Galgaheviz oil well

Hungarian energy company MOL, in partnership with Dutch-owned O&GD, has started production from a new oil discovery near Galgaheviz at a depth of approximately 2,400 meters. The Galgaheviz-4 well delivers around 1,000 barrels of crude per day, which will be processed at MOL’s Szazhalombatta refinery. The well is expected to contribute roughly 0.5% of MOL

Greece: Major Greek-Israeli consortium advances 600 million euro Larissa gas power plant Read More »

Greece: Major Greek-Israeli consortium advances 600 million euro Larissa gas power plant

Greece’s upcoming combined cycle gas turbine power plant in Larissa, valued at nearly €600 million, is drawing strong competition from three major Greek groups and one foreign bidder. The project is being developed by the Greek-Israeli consortium DEPA-Clavenia. Tender documents, covering procurement, construction, and commissioning, were issued at the end of July, with final bids

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