November 21, 2024
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Montenegro: Electricity prices to rise for households in 2025, REGAGEN announces tariff adjustments

The Regulatory Agency for Energy and Regulated Utilities (REGAGEN) has announced that electricity prices in 2025 will rise for all households with dual-tariff meters,...

Bulgaria: Bulgargaz proposes higher natural gas price for December

Bulgaria’s state-owned gas supplier, Bulgargaz, has proposed a higher wholesale natural gas price for December 2024. The company suggests that the price for December...

Bulgaria: Electricity production declines by 5.5% in 2024, while renewable energy share increases

According to data released by Bulgaria’s electricity transmission system operator ESO, the country’s electricity production has decreased by 5.5% in the period from January...

Region: SEE urges EU action to address volatile electricity prices and boost energy market integration

It appears that the Employers' Associations from Greece, Romania and Bulgaria are taking an increasingly proactive approach in addressing the electricity market issues affecting...

Serbia completes new 350 MW unit at Kostolac B power plant to boost energy security

Serbian Minister of Mining and Energy, Dubravka Djedovic, has announced the completion of the new B3 unit at the Kostolac B thermal power plant,...

Serbia’s NIS oil company to issue €50 million in corporate bonds

The General Assembly of Serbia's NIS (Naftna Industrija Srbije) has approved the issuance of the company’s first-ever corporate bonds, totaling €50 million. The bond...
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Romania: Hidroelectrica reports 32% drop in net profit for first nine months of 2024

Romanian electricity producer Hidroelectrica recorded a 32% year-on-year decrease in its net profit, which amounted to €710 million for the first nine months of...

Romania: Transelectrica reports 99% surge in net profit for first nine months of 2024

Romanian electricity transmission system operator Transelectrica reported a net profit of €83.5 million for the first nine months of 2024, marking an impressive 99%...

Romania: Nuclearelectrica reports 35% decline in net profit for first nine months

Romanian electricity producer Nuclearelectrica reported a net profit of €256 million for the first nine months of 2024, a 35% decrease compared to the...

Romania: Nuclearelectrica and FCSA joint venture sign €3.2 billion EPCM contract for NPP Cernavoda units 3 and 4

EnergoNuclear, a fully owned subsidiary of Nuclearelectrica, and the FCSA joint venture—comprising Fluor, Candu Energy, Ansaldo Nucleare, S&L Engineers, and Sargent & Lundy Energie—have...
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