GECO, the company developing the Black Sea subsea power link between Azerbaijan, Georgia, Romania and Hungary, has applied to the European Commission for the project to be granted Project of Mutual Interest (PMI) status. Total investment is estimated at €22.1 billion, of which €14.3 billion is for transmission infrastructure.
Grid
The most important energy news from Azerbaijan: electricity, gas, prices and infrastructure.
Followed country: Azerbaijan. Show all the news
Unfollow
Azerbaijan–EU 3.9 GW green energy corridor: ministerial meeting in Bucharest at the end of November
EUROENERGY NEWSROOM | Azerbaijan | 6 Nov 2026
GECO, the joint venture developing the Caspian–Black Sea–Europe green energy corridor, is preparing for a ministerial meeting in Bucharest at the end of November. Its board approved a new composition and a new CEO and discussed steps towards financial close for the project, estimated at €22 billion.
Europe's Electrification Push Requires Faster Grid Investment, ENTSO-E Warns
EUROENERGY NEWSROOM | All of Europe | 16 Sept 2026
ENTSO-E says Europe's electrification plans require faster grid investment, greater flexibility, energy storage and shorter connection times. More than half of the transmission projects needed by 2030 are still awaiting permits.
Day-ahead price today in Romania (€/MWh)
| 01:00 | 267.78 |
| 02:00 | 279.53 |
| 03:00 | 286.86 |
| 04:00 | 322.64 |
| 05:00 | 266.72 |
| 06:00 | 296.19 |
| 07:00 | 341.10 |
| 08:00 | 339.49 |
| 09:00 | 405.64 |
| 10:00 | 377.45 |
| 11:00 | 383.66 |
| 12:00 | 382.32 |
| 13:00 | 377.90 |
| 14:00 | 411.78 |
| 15:00 | 396.98 |
| 16:00 | 391.38 |
| 17:00 | 389.41 |
| 18:00 | 423.95 |
| 19:00 | 412.45 |
| 20:00 | 394.74 |
| 21:00 | 408.79 |
| 22:00 | 374.35 |
| 23:00 | 286.98 |
| 00:00 | 243.33 |
Romania's consumption today (MW)
● low-consumption hours ● average consumption ● peak hours
Quick data
updated 17:16
News archive
News by country
Published articles: 1511 · Show all the news
