In 2024, Bulgaria’s electricity production has decreased by 6.75%, totaling 28.16 TWh from January 1 to September 29. Consumption also saw a decline of 1.27%, reaching…
The European Union’s AggregateEU mechanism aimed to enhance energy security by facilitating joint gas purchasing among member states during a critical energy crisis. Despite its ambitious…
In the fourth week of September, Brent oil futures for the Front Month in the ICE market experienced declines across most sessions but maintained prices above…
In the fourth week of September, average electricity prices across major European markets experienced a decline compared to the previous week. The N2EX market in the…
In the week of September 23, electricity demand across major European markets exhibited a mixed trend for the second consecutive week. The Dutch and British markets…
In the week of September 23, solar photovoltaic energy production declined across most major European electricity markets compared to the previous week. The German and French…
Romanian electricity transmission system operator Transelectrica has signed its 11th financing contract from the Modernization Fund, securing €64 million for the upgrade of the 400 kV…
OMV Petrom, the largest oil and gas company in southeastern Europe, has finalized the acquisition of several solar projects in Romania from Danish company Jantzen Renewables.…
Ivan Bulatovic, CEO of Montenegrin state-owned power utility EPCG, announced that construction of the company’s first wind farm, Gvozd, will commence in October. He also revealed…
The Hungarian Ministry of Energy has announced that the country is well-prepared for the upcoming winter, with 6 billion cubic meters of natural gas stored in…