Romania: Electricity production drops despite increased consumption in early 2025
Electricity consumption in Romania rose during the first two months of 2025, even as domestic production saw a significant decline, […]
Gas Industry
North Macedonia: Alcazar Energy and IFC partner on 400 MW wind project
Luxembourg-based renewable energy investor Alcazar Energy Partners has signed a development support agreement with the International Finance Corporation (IFC), a
Greece and Italy prepare for seabed surveys to triple power link capacity
Preparatory work is underway for seabed surveys in advance of a major undersea electricity interconnection project between Greece and Italy.
Croatia: Electricity production drops in February 2025 amid increased imports
According to the latest short-term energy statistics from the Croatian Bureau of Statistics, Croatia’s net electricity production in February 2025
Bulgaria confirms Belene nuclear reactors will not be sold
Deputy Prime Minister Atanas Zafirov has announced that Bulgaria will not sell the two nuclear reactors intended for the Belene
Albania: Karavasta solar power plant powers renewable future
Last week, French renewables developer Voltalia officially commissioned the Karavasta solar power plant, the largest solar installation in both Albania
Brent oil, TTF gas and CO2 emission allowance prices see fluctuations in April’s second week
In the second week of April, settlement prices for Brent oil futures in the ICE market remained below $70 per
European electricity prices hold steady in April’s second week
In the second week of April, electricity prices in major European markets remained generally stable, with small increases in most
Electricity demand declines across most major European markets in early April
During the week of April 7, electricity demand decreased in most major European markets compared to the previous week. Demand
Solar energy production hits records in Italy and France, while wind energy declines across Europe
During the week of April 7, solar photovoltaic energy production increased across major European markets compared to the previous week.
Romania ends 2024 as net electricity importer amid weak hydropower and wind output
In 2024, Romania became a net importer of electricity due to a poor performance from its hydropower plants and underwhelming
Romania: Hidroelectrica launches €20 million tender for Pascani hydropower project
Romanian state-owned electricity producer Hidroelectrica has allocated approximately €20 million (excluding VAT) for advancing the Pascani hydropower plant (HPP) project