Times

Brussels validates a new list of 235 PCI/PMI infrastructure projects, prioritising electricity, hydrogen and CO₂ corridors, while locking in access conditions to European funding through 2040.
Azerbaijan is developing Nakhchivan into a key electricity export hub with interconnection projects to Türkiye, boosting regional integration into the European energy market.

Romania places Lukoil under temporary control to prevent an energy crisis

Bucharest authorises an exceptional takeover of Lukoil’s local assets to avoid a supply shock while complying with international sanctions. Three buyers are already in advanced talks.
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Kazakhstan plans to allocate 3 GW of wind and solar projects by the end of 2026 through public tenders, with a first 1 GW tranche in 2025, amid efforts to modernise its power system.
Investor Jordan A. Oxley has acquired the Slatina-3 geothermal asset for €400k after Cindrigo’s bankruptcy, betting on a technical and regulatory revival within Croatia’s complex permitting framework.

Serbia forced to shut down its only refinery after US sanctions

Serbia's only refinery, operated by NIS, has suspended production due to a shortage of crude oil, a direct consequence of US sanctions imposed on its majority Russian shareholder.
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A new regulation requires gas companies to declare the origin, volume and duration of their contracts, as the EU prepares to end Russian imports.
The United Kingdom and TAE Technologies create a joint venture in Culham to produce neutral beams, a key component of fusion, with strategic backing from Google.

Recurrent Energy secures approval for 1.3 GW solar and battery project in the UK

Recurrent Energy has received authorisation to develop Tillbridge, a hybrid 1.3 GW solar and battery project in England, strengthening its expansion strategy in the UK market.
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McDonald’s UK commits to purchasing all electricity from the Douglas West Extension Wind Farm, a 66 MW project developed by Capital Dynamics in Scotland, under a long-term agreement managed by ENGIE.
Axess Group has signed a memorandum of understanding with ARO Drilling to deliver asset integrity management services across its fleet, integrating digital technologies to optimise operations.

Saudi Arabia activates 450 MMcf/d at Jafurah to maximise revenues

Saudi Aramco has launched production at the unconventional Jafurah gas field, initiating an investment plan exceeding $100bn to substitute domestic crude and increase exportable flows under OPEC+ constraints.
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Le Koweït a publié une demande de propositions pour la construction d'une centrale solaire de 500 MW, dont l’électricité sera injectée dans le réseau national sur la base d’un contrat de rachat de 30 ans.
The International Geothermal Standard Committee was launched in Beijing with a permanent secretariat established at Sinopec, marking a major step toward harmonising global geothermal industry standards.

Mori Building completes three hybrid solar plants through PPA structured with TEPCO

Mori Building has completed three solar-plus-storage plants in Japan to supply its real estate assets through an intra-group partnership structured by TEPCO Energy Partner.
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Húsavík Energy launches a drilling campaign to secure its geothermal resource following the shutdown of its main industrial client, aiming to diversify its energy offers and strengthen the appeal of the Bakki site.
Japanese grid operator OCCTO allocated 75.4MWAC in its third solar auction for FY2025, with an average feed-in-premium price of 7.13 yen per kWh, marking a session that fell short of initial subscription targets.

Octillion completes solar rollout at battery plant in Pune

Octillion has fully converted its electric vehicle battery production facility in Pune to solar power, initiating the rollout of an energy strategy aimed at achieving energy autonomy for all its India-based operations by 2027.
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Westbridge Renewable Energy has secured final regulatory approval in Alberta for its Dolcy Solar project, marking the last step before construction can begin.
Texas-based developer Natura Resources receives new federal funding to test key components of its 100-megawatt modular reactor in partnership with Oak Ridge National Laboratory.
The New Providence power grid modernisation project is progressing 28% faster than expected, with Bahamas Grid Company reporting measurable gains in service quality and network reliability.
The Seine-Maritime prefecture denies Aquind access to public maritime domain, halting a €1.4bn ($1.47bn) Franco-British power interconnection project.

European Union grants €12mn to STEG for Tunisia-Italy power interconnection

A €12mn technical grant will support STEG in supervising ELMED, the first submarine power cable between Tunisia and Italy, a strategic project co-developed with Italy’s TERNA and valued at €921mn.
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The blackout that hit the Iberian Peninsula in April originated from a series of unprecedented surges. The European report points to a sequence of technical failures but does not yet identify a primary cause.
The 600MW submarine interconnection between Tunisia and Italy enters its construction phase, marking a logistical and financial milestone for the Euro-Mediterranean electricity market.

Ukrainian operator plans 20% increase in transmission tariffs for 2026

Ukrenergo plans to raise electricity transmission tariffs by 20% in 2026 to cover technical costs and obligations tied to international loans.
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The ASEAN Power Grid enters a strategic phase with renewed support from regional and international institutions to structure electricity trade among member states and secure the necessary investments.
The three countries will hold a meeting in October to unlock interconnector projects, following a major blackout that exposed the fragility of the Iberian Peninsula’s electricity integration.

Half of Europe’s power grid exposed to blackout risks

Up to 55% of Europe’s electricity system remains vulnerable due to weak interconnection capacity, increasing the risk of widespread outages in several countries, according to a new report.
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The European Commission allocates EUR76.3mn ($80.63mn) to three projects aiming to strengthen energy interconnections between Member States, focusing on onshore and offshore wind power and decarbonised district heating.
The SuedLink underground cable project, estimated at €10bn ($10.66bn), enters an active phase with the launch of two additional sections in Hesse and Lower Saxony.

Vinci secures €885mn contract for Rail Baltica railway electrification

French group Vinci, through its subsidiary Cobra IS, will electrify 870 kilometres of rail tracks across the Baltic States as part of the Rail Baltica project, in a deal worth €885mn ($944mn).
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The United States is funding a new high-voltage line to integrate Moldova into the European electricity market, following the cutoff of supplies from the separatist Transnistria region.
French group Nexans has begun installing a high-voltage submarine cable between Sardinia and Sicily, reaching an unprecedented depth of 2,150 metres as part of a project led by Italian grid operator Terna.

NKT selected as preferred bidder for power cable project between Scotland and England

Danish manufacturer NKT has been chosen to supply a 525 kV high-voltage cable system for the Eastern Green Link 3 project connecting Scotland and England’s power grids.
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British International Investment partners with Odyssey Energy Solutions to finance the expansion of interconnected mini-grids in Nigeria, under the World Bank-backed DARES programme.
Roraima, the last state not connected to Brazil’s national grid, has been linked through a publicly funded project launched over 14 years ago.

European Union targets eight bottlenecks to secure its power grid

The European Commission launches a regulatory plan addressing eight major power grid blockages to reduce price disparities and strengthen energy security across the Union.
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Amman confirms its grid readiness to supply Syria during off-peak hours, pending completion of Syrian infrastructure.
Spanish electricity companies call for urgent reinforcement of investments after finding more than 80% of the transmission grid is saturated.