Europe: Natural gas prices rebound amid maintenance and geopolitical tensions Read More »
European natural gas prices bounced back on Monday, June 2, after posting their first weekly loss in four weeks on Friday, May 30, amid growing concerns over storage levels. In the ICE market, TTF gas futures for July 2025 delivery remained relatively stable during the first week of June, hovering around €36/MWh. On June 2, […]
In Week 23 of 2025, electricity market prices surged across nearly all Southeast European (SEE) countries except Türkiye, driven by higher gas and CO₂ prices alongside reduced wind energy production. Prices started the week near €100/MWh, then gradually declined below €100/MWh, ending around €60/MWh on Sunday, June 8. All SEE countries saw double-digit electricity price
Brent oil futures for the Front Month in the ICE market recorded their lowest settlement price of the week, $64.63 per barrel, on Monday, June 2. Prices increased during most sessions throughout the first week of June, reaching a weekly high of $66.47 per barrel on Friday, June 6. This value was 4.0% higher than
In the first week of June, average prices in most major European electricity markets rose compared to the previous week. The only exceptions were the Nord Pool market of the Nordic countries and the EPEX SPOT market of France, which experienced price decreases of 1.8 percent and 39 percent, respectively. The MIBEL market of Portugal
During the first week of June, electricity demand increased in most major European markets compared to the previous week. Germany recorded the largest rise in demand, with an increase of 6.3 percent, while Spain showed the smallest growth, at 0.9 percent. Other markets, including Italy, France, Belgium, and Great Britain, also registered demand increases ranging
European solar and wind energy trends in early June: Records amid fluctuations Read More »
During the week of June 2, solar photovoltaic energy production decreased in the main European markets compared to the previous week. France registered the largest decline, with a drop of 22 percent, while Spain showed the smallest decrease, at only 0.3 percent. In Italy, Germany, and Portugal, solar production fell by 2.4 percent, 8.9 percent,
The Ministry of Economy of the Central Bosnia Canton has issued a public call inviting bids for a concession to develop the Komar wind farm, located in the Goles community within the municipality of Travnik. The project involves constructing and operating a wind farm. The chosen developer will receive the right to use the site
After three years of effectively shortchanging prosumers, the state-owned power utility Elektroprivreda Republike Srpske (ERS) has announced that, starting August 6, prosumers will be able to sign electricity supply contracts under the net metering scheme. Since the Renewable Energy Law was adopted, ERS had largely avoided implementing net metering. During this period, electricity generated by
The European Union is preparing a new wave of sanctions targeting Russia’s energy and financial sectors to increase pressure and encourage diplomatic negotiations. Central to the plan is a proposal to lower the existing price cap on Russian oil exports from $60 to $45 per barrel. This move aims to significantly reduce Russia’s oil revenues,
Romania approves 246 MW Ialomita Nord wind farm, backed by CfD mechanism Read More »
Romania’s Energy Regulatory Authority (ANRE) has approved the construction of the Ialomita Nord wind farm, a major renewable energy project with a planned capacity of over 246 megawatts (MW). The initiative is being developed by Portuguese energy company Greenvolt through its Romanian subsidiary, Tandarei Solar. Ialomita Nord is set to become one of the largest
