Photo: Montel

Long-term auctions for the Romania-Serbia border will start this month, JAO, the main service provider for European TSOs, said late on Wednesday, after launching a technical go-live on this border.

Photo: Roman Peklaj

Hungary will likely continue buying gas from Russia as low prices and Budapest’s strong political ties with Moscow fly in the face of other EU nations seeking alternative supplies, analysts said.

Photo: TAP AG

Russia has relaxed rules on the use of foreign currency to pay for its natural gas via Gazprombank, the country's presidency announced late on Thursday.

Photo: DOTI 2009

Bulgaria’s ambition to install 500 MW of offshore wind by 2030 is “completely unachievable” due to political chaos and a lack of infrastructure, a senior analyst from Veyt told Montel on

Photo: Energija Projekt

Political uncertainty in Romania amid parliamentary and presidential elections have created investment jitters within the energy sector, which could slow down the country’s green transition, market

Photo: Montel

Serbia’s new energy strategy envisions 73% of its power mix to come from green sources by 2040 but a local energy consultant told Montel this was unlikely.

Photo: Woodburn Capital

Europe’s recent boom in solar installations will slow as flagging profits due to negative prices and sluggish electrification efforts dent investment in new projects, the sector’s main lobby has

Photo: Mercados – Aries International

The Romanian government’s decision to eliminate double taxation on energy storage facilities is expected to boost their uptake and help integrate more renewables into the market, a local developer

Photo: Montel

Kosovo needs to expedite the construction of a new reservoir and bolster security around its critical infrastructure as tensions continue to simmer in the northern region, energy expert Arben Gjukaj

Photo: Roman Peklaj

Bulgaria’s Chiren gas storage facility looked set to double capacity to 1bcm from early next year, enabling the country to secure sufficient supply over the winter, the energy minister said on

Photo: Roman Peklaj

Non-EU countries in east Europe are unlikely to secure exemption from an EU carbon tax on electricity imports due their delayed alignment with the EU, said the head of representative body the Energy

Photo: Mercados – Aries International

Hungary seeks to add 500 MW battery storage by mid-2026 to help curtail power price spikes during peak hours, the country's energy minister said on Monday.