In July 2025, a total of 1,295,659.5 megawatt-hours (MWh) of electricity was traded on the Croatian energy exchange CROPEX, marking a 7.6 percent increase compared to June. Of the total volume, 1,006,999.9 MWh was traded on the day-ahead market, while 288,659.6 MWh was traded on the intraday market. Compared to July 2024, overall trading volume […]
Bulgaria: NEK joins IBEX platform to boost guarantees of origin market Read More »
The Bulgarian state-owned National Electric Company (NEK) has been officially registered as an active participant in the guarantees of origin market segment operated by the Independent Bulgarian Energy Exchange (IBEX). NEK is a leading force in Bulgaria’s guarantees of origin sector and plays a key role in the production of electricity from renewable sources. In
President of the Bosnia and Herzegovina CIGRE Committee, Zijad Bajramović, has described the recent adoption of the law on the regulator, transmission, and electricity market as a crucial milestone in the country’s alignment with the European Union’s integrated energy market. The new legislation marks progress in fulfilling Bosnia and Herzegovina’s international obligations, establishing a framework
The largest electricity producer in the Republic of Srpska (RS), the coalmine and thermal power plant RiTE Ugljevik, recorded a loss of 13.8 million euros in the first half of 2025, increasing its total accumulated loss to 91.5 million euros. According to the interim financial statement, total revenues for the period reached 34.3 million euros,
Serbia: NIS to sell Bulgarian subsidiary amid market challenges Read More »
Serbian oil and gas company NIS has announced that its board of directors has approved the sale of its wholly owned subsidiary, NIS Petrol Bulgaria, due to ongoing operational challenges in the Bulgarian market. According to the company’s H1 2025 financial report, the planned transaction involves the full divestment of its stake in the subsidiary.
Romania: Hidroelectrica’s H1 2025 power generation drops 27% amid lower hydrology Read More »
Romanian electricity producer Hidroelectrica reported a 27% year-on-year decline in net electricity output during the first half of 2025, generating a total of 6,068 GWh. The decrease was primarily driven by reduced hydroelectric production, which accounts for 98% of the company’s own generation mix. Wind power generation also saw a downturn, falling 14% year-on-year to
Romania: Rezolv Energy selects partners for second phase of Vifor wind farm Read More »
Rezolv Energy has announced the selection of key partners for the second phase of the Vifor wind farm project in Buzău County, Romania. Through its special purpose vehicle, First Looks Solutions, the company awarded the Balance of Plant (BoP) contract to Austrian infrastructure firm PORR. The contract covers all civil works, as well as high-voltage
Solar energy developer GoldenPeaks Capital has completed and connected two new solar power plants in Hungary, contributing a total of 92 MW of installed capacity to the country’s energy system. The larger of the two, the Zemplén solar power plant near Bodroghalom, has a capacity of 64.56 MW and has been fully operational since March.
Croatian state-owned oil transportation company JANAF continued its steady growth in the first half of 2025, as reflected in its financial performance. The company generated total revenues of 69 million euros, with income from core activities rising by nearly 4 % year-on-year to 64.9 million euros. Gross profit for the first six months amounted to
According to the Bulgarian National Statistical Institute, electricity production in May 2025 fell by 21.6% compared to April, totaling 2,585 GWh. Electricity consumption also declined on a monthly basis, dropping by 10.3% to 2,408 GWh. Natural gas consumption in May decreased by 17.8%, amounting to 180 million cubic meters, while domestic gas production remained unchanged
