Gas Industry

Croatia: Electricity production drops in February 2025 amid increased imports Read More »

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 totaled 1,185 GWh, marking a 6.8% decrease compared to 1,272 GWh produced in February 2024. Hydropower plants contributed the largest share, generating 499 GWh or 42.1% of total electricity. Thermal power plants followed with 344 […]

Brent oil, TTF gas and CO2 emission allowance prices see fluctuations in April’s second week Read More »

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 barrel. On Tuesday, April 8, these futures reached their weekly minimum price at $62.82 per barrel, the lowest since April 7, 2021. However, a 4.2% increase in prices saw the futures reach their weekly peak

Electricity demand declines across most major European markets in early April Read More »

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 in Germany, France, and Spain fell for the fourth consecutive week, while in Portugal, it dropped for the third consecutive week. The French and Portuguese markets saw the largest declines, with demand falling by 4.9%

Solar energy production hits records in Italy and France, while wind energy declines across Europe Read More »

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. The Iberian Peninsula saw the most significant gains, with Spain up by 17% and Portugal increasing by 10%. The German market recorded the smallest increase, at just 1.0%. Additionally, both the Italian and French markets

Romania ends 2024 as net electricity importer amid weak hydropower and wind output Read More »

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 wind energy generation. According to the National Institute of Statistics (INS), electricity exports totaled 10.8 TWh, while imports reached 13.8 TWh, resulting in a commercial deficit of 3 TWh. From a financial perspective, electricity exports

Romania: Hidroelectrica launches €20 million tender for Pascani hydropower project Read More »

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 on the Siret River. The investment focuses on acquiring and installing hydromechanical systems for four gates of the spillway dam. The contract encompasses a full turnkey solution, including design services, construction work, as well as

Romania advances small modular reactor project at Doicești amid growing energy demands Read More »

Romania advances small modular reactor project at Doicești amid growing energy demands

Romania’s small modular reactor (SMR) initiative at Doicești is making steady progress, according to Cosmin Ghita, CEO of state-owned electricity producer Nuclearelectrica. The project is currently in the second phase of Front-End Engineering and Design (FEED 2), where detailed site evaluations and design adaptations are being carried out to ensure seamless integration with the national

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