SEE Energy Markets South East Europe

News. Developments. Expert Analysis.

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Energy MarketsSouth East Europe

News. Developments. Experts Analysis.

Brent crude rebounds to $104.32/bbl as TTF gas and EEX CO2 stay near recent levels

ICE Brent front-month settles after five-session decline Brent crude oil futures for the front-month contract on the ICE market reached a weekly low settlement price...

Electricity prices rise across Europe as wind output drops in late September

Weekly average price changes in major European markets Weekly average electricity prices increased across most major European markets in the fourth week of September, with...
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Serbia day-ahead prices rise to €150.18/MWh as regional markets diverge

Day-ahead electricity prices in Serbia increased by €47.20/MWh to €150.18/MWh for October 1. The move occurred as Hungary, Romania and northern Balkan markets strengthened,...

Southeastern Europe power prices ease for September 30 delivery as renewables rise

Electricity prices across southeastern Europe fell for September 30 delivery, with forecasts indicating stronger wind and solar output alongside lower demand. The change reduced...

Southeast Europe day-ahead prices split as Hungary and Romania rebound, Sept. 29

Day-ahead electricity prices for Sept. 29 diverged across Southeast Europe, with rebounds in Hungary, Romania, Bulgaria and parts of the northern Balkans contrasted by...

Electricity prices rise across Southeast Europe on Sept. 28; Serbia remains discounted

Day-ahead electricity prices rebounded strongly for Sept. 28 as weekday demand returned and regional cross-border flows shifted toward higher-priced western markets. Prices in Serbia...
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Transelectrica launches €90.4 million digital upgrade of Alba Iulia substation

Romanian transmission system operator Transelectrica has launched a €90.4 million upgrade of its Alba Iulia 220/110/20 kV substation, excluding VAT. The project is positioned...
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Lukoil names Eugene Maniakhine to oversee Petrotel refinery restructuring

Insolvency and restructuring steps for Petrotel Lukoil has appointed Eugene Maniakhine to oversee the restructuring of its Petrotel refinery in Romania. The refinery entered insolvency...

Brent crude rebounds to $104.32/bbl as TTF gas and EEX CO2 stay near recent levels

ICE Brent front-month settles after five-session decline Brent crude oil futures for the front-month contract on the ICE market reached a weekly low settlement price...

Electricity prices rise across Europe as wind output drops in late September

Weekly average price changes in major European markets Weekly average electricity prices increased across most major European markets in the fourth week of September, with...

Electricity demand drops in most European markets as temperatures fall

Electricity demand fell across most major European power markets during the week of September 21 compared with the previous week. Italy recorded the largest...

Solar output climbed while wind generation fell across major European markets

Solar photovoltaic changes week ending September 21 Across Europe’s major electricity markets, solar photovoltaic generation rose during the week of September 21 compared with the...

Serbia day-ahead prices rise to €150.18/MWh as regional markets diverge

Day-ahead electricity prices in Serbia increased by €47.20/MWh to €150.18/MWh for October 1. The move occurred as Hungary, Romania and northern Balkan markets strengthened,...

Transelectrica launches €90.4 million digital upgrade of Alba Iulia substation

Romanian transmission system operator Transelectrica has launched a €90.4 million upgrade of its Alba Iulia 220/110/20 kV substation, excluding VAT. The project is positioned...

Rezolv financing up to €561 million for 1.3 GW Dama Solar in Romania

Rezolv Energy has secured financing of up to €561 million for its 1.3 GW Dama Solar development in western Romania. The funding is intended...

Romgaz rejects 20-year US LNG contract amid projected losses and domestic supply outlook

Romanian gas producer Romgaz has rejected a proposed 20-year US LNG contract after an internal assessment pointed to potential annual losses ranging from €50...
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EPS, Srbijagas and SOCAR joint venture for 500 MW combined-cycle plant in Niš

Serbia’s EPS and Srbijagas have agreed with Azerbaijan’s SOCAR to set up a joint venture for a planned 500 MW combined-cycle gas power plant...

Serbia seeks Gazprom gas supply extension as NIS sanctions deadline nears

Serbia expects to extend its gas supply arrangement with Gazprom beyond September 30, while Russian deliveries continue during negotiations on a longer-term agreement. President...

Serbia targets early-2027 start for Romanian gas interconnector construction

Serbia expects construction of its gas interconnector with Romania to begin in early 2027, creating an import route intended to diversify supply and strengthen...

Azerbaijan to raise gas deliveries for Niš 350 MW power and 150 MW heat plant

Niš project links higher Azeri gas volumes with new generation Azerbaijan plans to increase gas deliveries to Serbia as the two countries advance a proposed...

Banatski Dvor expansion delays increase Serbia’s reliance on Hungarian storage

Serbia’s expansion of the Banatski Dvor underground gas storage facility is experiencing further slippage, with commissioning now expected later than the previously targeted end...

Serbia prepares rules for switching electricity aggregators as flexibility becomes tradable

The Energy Agency of the Republic of Serbia, AERS, is consulting until Sept. 30 on new rules covering supplier switching, collective supplier switching and...

Serbia secures $600 million World Bank framework for gas network modernisation

Serbia has secured a $600 million World Bank framework aimed at overhauling its gas system. The programme is set to support a decade-long modernisation...

Bulgargaz wins 10-year Serbian wholesale gas licence for regional trading access

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to carry out commercial...
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