In Week 02 of 2026, TTF gas prices in Europe exhibited modest intraday volatility, with the highest settlement occurring on January 7 and generally stabilizing around €28/MWh. February 2026 futures on the ICE market fluctuated between −3.7% and +2.5%, resulting in a weekly average of €28.06/MWh, slightly lower than the previous week (−0.7%). Prices opened […]
SEE sees sharp electricity price and demand surge in Week 02 of 2026 Read More »
Electricity prices across the Southeast Europe (SEE) region surged sharply in Week 02 of 2026 compared with Week 01. Most SEE markets saw substantial weekly increases, with prices climbing over 40% in Bulgaria, Romania, Hungary, and Serbia. In these countries, average electricity prices converged around €130–136/MWh, reflecting strong market coupling and limited availability of lower-cost
Slovenia hits record electricity demand amid extreme cold and low renewable output Read More »
Slovenia’s electricity system experienced an unprecedented demand peak during the morning hours of Thursday, 8 January, driven by a combination of severe winter weather and limited renewable generation. Heavy snowfall in the days leading up to the spike covered much of the country, including solar installations, sharply reducing their output, while temperatures plunged well below
In December 2025, the jointly owned Slovenian–Croatian Krško nuclear power plant generated 522,868 MWh of net electricity, exceeding the monthly production plan of 515,000 MWh by 1.53%. A year earlier, in December 2024, the plant produced 521,917 MWh, also outperforming expectations by 1.74% compared with the planned 513,000 MWh for that month. Throughout the period,
Montenegro scraps first solar auction and prepares new renewables tender for 2026 Read More »
Montenegro’s Ministry of Energy has annulled its first auction for solar power market premiums after all submitted bids failed to meet legal and procedural requirements. The tender, launched last year, was cancelled because applications contained outdated documentation, were not aligned with spatial planning rules or did not satisfy grid connection eligibility criteria. The authorities now
North Macedonia puts modernized Bitola–Prilep power line into trial operation Read More »
A key electricity transmission link in North Macedonia has been fully modernized and returned to service following the completion of reconstruction works at the end of 2025. The upgraded 110 kV transmission line, which had been in operation for more than five decades, has now been successfully energized and has entered trial operation, marking a
Croatia: Gas storage runs low after winter cold and Krk LNG shutdown Read More »
Croatia’s main underground gas storage facility entered mid-January with stock levels well below the seasonal norm, the result of a harsh winter and last autumn’s temporary shutdown of the Krk LNG terminal. Heavy snowfall and prolonged sub-zero temperatures accelerated withdrawals from the Okoli storage site, leaving it less filled than both last year and the
Romania’s electricity producer Hidroelectrica is set to commission its first major battery storage facility ahead of schedule. The 72 MWh lithium-ion energy storage system (BESS) at the Crucea Nord wind farm is now expected to become operational in May 2026, nearly one year earlier than originally planned. By early 2026, the project had already reached
The average price of electricity on the day-ahead market of the Romanian energy exchange OPCOM reached €117.64/MWh in December 2025. This represents a 16.62% decrease compared with December 2024 and a 3.16% drop from the previous month, when the average baseload price was €121.48/MWh. Total traded volume in December amounted to 1.47 million MWh, down
Montenegro explores gas-fired power expansion with EPCG feasibility study Read More »
Montenegrin state-owned utility EPCG has completed a comprehensive feasibility study evaluating the potential construction of gas-fired power plants at several sites across the country. The study considers generation capacities ranging from 50 MW up to 400 MW, with candidate locations identified in Bar, Podgorica, Pljevlja, and Niksic. Prepared by SS&A Power Consultancy, the analysis concludes
