July 6, 2025
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Region: North Macedonia and Serbia advance cross-border gas pipeline project

The national gas transmission operator of North Macedonia, Nomagas, and Serbia’s state gas company, Srbijagas, have signed a Memorandum of Understanding (MoU) to enhance...

Europe: Brent oil, TTF gas and CO2 prices decline in late June amid easing Middle East tensions

During the fourth week of June, Brent crude oil futures prices experienced a decline. On Monday, June 23, the price settled at $71.48 per...

Europe: Electricity prices fall in late June amid lower gas costs and high renewables

In the fourth week of June, average electricity prices declined across most major European markets compared to the previous week. The United Kingdom’s N2EX...

Europe: Electricity demand rises in most markets amid seasonal shifts and holidays

During the week of June 23, electricity demand rose across most major European markets compared to the previous week. Germany and Italy saw the...

Solar and wind energy trends: Record solar production in Iberia, mixed forecasts for Europe

During the week of June 23, solar photovoltaic (PV) energy production rose in both Italy and Spain compared to the previous week. Italy experienced...

Slovenia launches public consultation for Krsko nuclear expansion as project gains momentum

Slovenia will initiate a three-month public consultation on July 1 as part of the spatial planning process for a new reactor unit at the...
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Serbia grants operating license for new 350 MW unit at Kostolac coal power plant

The Serbian Ministry of Construction, Transport and Infrastructure has issued an operating license for the new B3 unit at the Kostolac coal-fired thermal power...

Romania: R.Power appoints Nomad Electric as contractor for 55 MW solar project

Polish renewable energy developer R.Power has selected Romanian firm Nomad Electric as the general contractor for its 55 MW solar power project in Romania....

Hungary: U.S. lifts sanctions on Paks nuclear expansion, paving way for full-scale construction

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó has announced that the United States has officially lifted sanctions that had been obstructing Hungary’s...

Bulgaria sees decline in energy production and consumption in April 2025 amid refinery maintenance

According to the Bulgarian National Statistical Institute, both electricity production and consumption experienced a monthly decline in April 2025. Electricity output dropped by 5...
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