In the fourth week of May, average electricity prices decreased in most major European markets compared to the previous week. The MIBEL markets of Spain and Portugal saw the most significant percentage drops, with prices falling by 46 percent and 48 percent, respectively. In contrast, some markets experienced slight increases. Italy’s IPEX market recorded a […]
European electricity demand trends: Mixed movements amid temperature changes in late May Read More »
During the week of May 19, electricity demand declined in most major European markets compared to the previous week. Belgium recorded the largest decrease at 1.9 percent, while Italy and France saw the smallest reductions, both at 0.2 percent. In Portugal, electricity demand dropped by 0.6 percent. In contrast, Germany, Great Britain, and Spain reversed
In the week of May 19, solar photovoltaic energy production increased for the third consecutive week in the Iberian markets. Spain experienced the largest rise with an increase of 10 percent, while Portugal saw an 8.9 percent growth. In contrast, the markets of Germany, Italy, and France reversed the previous week’s upward trend and recorded
Romania to add 2.5 GW of new power capacity in 2025, driven by renewables and gas Read More »
Romania is set to add 2.5 GW of new electricity generation capacity in 2025, marking a major increase from the previous year, according to Energy Minister Sebastian Burduja. The boost comes from a mix of gas and renewable projects, supporting the country’s long-term energy strategy. Among the main contributors is a new 430 MW gas
Romania: Nuclearelectrica sees lower profit despite strong revenue growth in Q1 2025 Read More »
Romania’s nuclear energy operator Nuclearelectrica reported a net profit of 102.7 million euros in the first quarter of 2025, marking an 8.8% decline compared to the same period last year. Despite the drop in profit, the company posted a strong operational performance, with revenues nearing 300 million euros—up 23.6% year-on-year—driven by increased electricity sales and
Montenegro attracts global interest in renewable energy projects and grid modernization Read More »
Investors from the United Arab Emirates, France, and the United States have expressed strong interest in Montenegro’s energy sector, particularly in solar and wind power, energy storage and modernizing the power grid, Energy Minister Admir Šahmanović announced. He noted that these initiatives represent investments worth hundreds of millions of euros and stressed the urgency of
Montenegro’s state-owned power utility EPCG is bracing for a significant financial shortfall in 2025, according to CEO Ivan Bulatović. To ensure a stable electricity supply for households and businesses, the company is expected to seek financial assistance from commercial banks. Several key challenges are driving the projected losses. The thermal power plant (TPP) Pljevlja, a
Albania: Electricity production drops in Q1 2025 amid rising imports and lower exports Read More »
According to the Albanian Institute of Statistics (INSTAT), Albania produced 2,234 GWh of electricity in the first quarter of 2025, which is 9.8% less than the 2,478 GWh produced during the same period in 2024. Electricity exports totaled 738 GWh, down 10.1% year-on-year, while imports rose significantly by 43.4%, reaching 767 GWh. Hydropower remained the
Europe: Wind turbine orders reach 5.8 GW in Q1 2025 despite quarterly decline Read More »
In the first quarter of 2025, ten European countries collectively ordered wind turbines with a total capacity of 5.8 GW, according to WindEurope data. This represents a 38% decrease compared to the last quarter of 2024. Germany led new orders with 1.8 GW, followed by Poland with 1.5 GW, and Turkey with 805 MW. Significant
Slovenia: Ljubljana’s TE-TOL reduces coal use with new gas-steam unit Read More »
Ljubljana’s main district heating plant, TE-TOL, has officially taken over a new gas-steam unit, significantly reducing its dependence on coal. With this move, coal now makes up only 20% of the plant’s fuel mix, down from 65%, marking a major step in Slovenia’s transition toward cleaner energy. Slovenia has set 2033 as its official coal
