Energy
New RES Auctions: United Kingdom Adds 1.3 GW of Onshore Wind Capacity
Following successful offshore wind auctions, the United Kingdom has awarded contracts for 1.3 GW of new onshore wind capacity in the latest auction round. Contracts for a total of 28 onshore wind projects were awarded under the Contracts for Difference…
Refund of Part of Excess Gas Revenues Brings Lower Tariffs for Consumers in Moldova
Moldova’s National Agency for Energy Regulation (ANRE) has reduced the regulated price of natural gas for households (a price set/approved by the state regulator rather than the free market). As of 4 February 2026, a new tariff of around 14.42–14.43…
Start of Foundation Concreting for Paks II
In Hungary, the start of concreting works for the reactor building foundation slab of the Paks II project has been marked, moving the project into the status of a nuclear power plant “under construction.” As we have reported earlier, Paks…
300 GW Offshore Wind Power Agreed by 2050 at North Sea Summit
At the North Sea Summit held yesterday in Hamburg, leaders and energy ministers from the North Sea region reached an agreement on strong and coordinated cooperation to accelerate the development of offshore wind energy, enhance energy security, and reduce Europe’s…
NIS Agrees on Crude Oil Imports via JANAF, Restart of Pančevo Refinery Expected Soon
Naftna industrija Srbije (NIS) has agreed on the import of the first quantities of crude oil via the Adriatic Pipeline (JANAF), creating the conditions for the restart of production at the Pančevo Oil Refinery. According to the company’s statement, the…
Energy Outlook 2025: Renewable Growth Reshapes Global Market
The year we are saying goodbye to has been extremely dynamic – bringing new social and environmental risks, but also clear progress toward a cleaner energy system, as summarized by Ember in its review of the global energy transition in…
Poland Successfully Concludes Its First Offshore Wind Auction
Poland has successfully completed its first competitive auction for offshore wind energy, which awarded support for three major projects in the Baltic Sea, with a total capacity of 3.4 GW. Besides marking a significant milestone in the country’s energy transition,…