Europe is facing near-empty gas storage facilities just as the gas stockpiling season is about to begin. As key reservoirs are depleted, this means it will have to compete with Asian buyers for supplies.
According to data provided by SA Energocom, for Friday, March 27, 2026, a significant electricity shortage is forecast for the peak hours (18:00-22:00) due to insufficient available import capacity.
Microsoft and NVIDIA have partnered to create AI tools to assist in the design and optimization of nuclear power plants, according to Logos Press.
The Moldovan government today approved an update of the measures applied in the context of the state of emergency in the energy sector.
The South Korean government is urgently putting the economy on crisis management rails in preparation for worst-case scenarios in the Middle East. The prolonged war in Iran and the blockade of the Strait of Hormuz have dealt a huge blow to the country, which is critically dependent on energy imports.
The Isaccea-Vulcanesti transmission line is currently the main source of electricity supply to Moldova from the European grid via Romania. The failure of this line is almost guaranteed to lead Moldova to an energy blackout.
The Cabinet of Ministers today approved a Government Decision on the application of specific measures to manage the emergency in the energy sector, starting from March 25, 2026.
The country’s Prime Minister Viktor Orbán has announced that gas supplies to Ukraine will be cut off until oil supplies via the Druzhba oil pipeline are resumed.
Latvia has approved a bill to reduce excise duty on diesel fuel by 15%. This will reduce the price by 8.6 cents per liter, including VAT. In addition, excise duty will be reduced on diesel fuel for farmers, which will reduce its price by 5.9 cents per liter.
ANRE has set new maximum fuel prices that will be in effect tomorrow, March 25.
