In Week 16 of April 2025, Dutch gas prices saw a slight increase, despite the combination of warm temperatures and strong supply from Norway. TTF gas futures for contracts with delivery in May 2025 were slightly higher compared to the previous week but remained consistently below €40/MWh throughout the week. On Thursday, April 14, TTF […]
During Week 16 of 2025, electricity prices in the Southeast European (SEE) countries dropped across the board, influenced by a decline in electricity demand. Solar energy production also increased in most of the analysed markets. The week started with prices above €100/MWh but followed a downward trend throughout, ultimately dropping below €90/MWh by Sunday, April
In the third week of April, Brent oil futures for the Front Month on the ICE market continued to trade below $70 per barrel. The lowest settlement price was recorded on Tuesday, April 15, at $64.67 per barrel. However, prices increased in the last two sessions of the week, with the weekly maximum settlement price
Europe: Electricity prices drop significantly in April, Iberian market hits record low Read More »
During the third week of April, electricity prices in most major European markets dropped compared to the previous week. The largest declines were seen in the MIBEL market, which includes Portugal and Spain. Prices in Portugal fell by 59%, reaching €12.90/MWh, while in Spain, prices dropped by 56%, reaching €13.59/MWh. These prices were lower than
Easter week leads to lower electricity demand across most European markets Read More »
During the third week of April, electricity demand decreased across most major European markets. Spain saw the largest decline, with a 7.1% drop, followed by Germany at 4.3%, Belgium at 2.1%, Great Britain at 1.8%, and Italy at 0.9%. On the other hand, electricity demand increased in France and Portugal, with rises of 3.5% and
Solar output drops across Europe while Iberian wind power surges in mid-April Read More »
During the third week of April, solar photovoltaic energy production declined across major European electricity markets compared to the previous week. The most significant drop was recorded in Italy, where production fell by 26%, while Spain saw the smallest decrease at 2.6%. However, forecasts from AleaSoft Energy Forecasting indicate that solar energy output is expected
Montenegro faces energy challenges as TPP Pljevlja shuts down until November Read More »
Montenegro’s key electricity producer, the Pljevlja thermal power plant, has been shut down for reconstruction and will remain offline until mid-November. The plant typically supplies over 40 percent of the country’s electricity, making its closure a significant challenge for the national energy system. Despite the shutdown, the state-owned utility EPCG has assured consumers that electricity
Greece: Solar sector poised for major expansion in 2025 Read More »
Greece’s solar energy sector is expected to further solidify its leading role in the country’s renewable energy landscape throughout 2025, according to the latest projections. By the end of 2024, solar installations — including both small-scale systems and large solar farms — accounted for 62 percent of Greece’s total renewable energy infrastructure. Out of the
Bosnia and Herzegovina prepares for rising energy demand with major renewable expansion Read More »
A moderate increase in energy demand is expected in Bosnia and Herzegovina (BiH) over the coming years. In response, the power utility company EP HZHB is looking to hire a contractor to conduct a study on how to integrate new electricity generation facilities into its overall production management system. According to the technical documentation, BiH’s
Europe: EU launches review to boost nuclear investment and energy security Read More »
The European Union has launched a public consultation as part of a wide-ranging review of investment needs in the nuclear energy sector, ahead of the adoption of an updated Nuclear Illustrative Program (PINC), expected in the second quarter of this year. The revised PINC is designed to promote nuclear investment across the EU by encouraging
