Europe: Gas prices rise in Week 28 amid stable supply and growing Asian demand Read More »

Europe: Gas prices rise in Week 28 amid stable supply and growing Asian demand

In Week 28 of 2025, European gas prices increased, with TTF gas futures trading between €32 and €35/MWh. The average weekly price reached €34.575/MWh, up 3.3% from the previous week. Prices peaked at €35.56/MWh on July 11. Supply from Norway and LNG remained stable, while demand in Europe declined due to milder temperatures and weakening […]

Region: Electricity prices and demand decline across Southeast Europe in Week 28 of 2025 Read More »

Region: Electricity prices and demand decline across Southeast Europe in Week 28 of 2025

In Week 28 of 2025, electricity market prices declined across all Southeast European (SEE) countries compared to the previous week, falling below €100/MWh in all markets except Italy. This decrease was driven by milder temperatures reducing electricity demand and increased solar energy production across most markets. The week began with prices exceeding €100/MWh in all

Romania secures environmental approval to modernize Cernavoda Unit 1, extending clean energy production by 30 years Read More »

Romania secures environmental approval to modernize Cernavoda Unit 1, extending clean energy production by 30 years

Romanian Minister of Energy Bogdan Ivan has announced that environmental approval has been granted for both the modernization of Unit 1 and the expansion of spent-fuel storage at the Cernavoda nuclear power plant complex. These projects will allow Unit 1 to continue generating 700 MW of clean electricity for an additional 30 years. Minister Ivan

Romania completes Tuzla–Podisor gas pipeline to boost Black Sea gas supply and regional connectivity Read More »

Romania completes Tuzla–Podisor gas pipeline to boost Black Sea gas supply and regional connectivity

Romanian Minister of Energy Bogdan Ivan has announced the completion of the 308-kilometer Tuzla–Podisor gas pipeline. This new pipeline will transport natural gas from the offshore Neptun Deep field directly into Romania’s gas network and continue through the BRHA corridor to Hungary, Austria, and other neighboring countries. With an annual capacity exceeding 8 billion cubic

Romania: Electricity consumption rises amid sharp decline in power production and surge in imports Read More »

Romania: Electricity consumption rises amid sharp decline in power production and surge in imports

According to data released by Romania’s National Institute for Statistics (INS), electricity consumption in the country during the first five months of 2025 reached 20.91 terawatt-hours (TWh), marking a 1.3% increase compared to the same period in 2024. Industrial electricity consumption remained relatively stable at 15.64 TWh, while household consumption rose by 5.7% to 5.09

Croatia: JA Solar to supply panels for largest hybrid solar plant at Korlat Read More »

Croatia: JA Solar to supply panels for largest hybrid solar plant at Korlat

JA Solar Technology has been selected to provide its DeepBlue 4.0 Pro n-type solar panels for the upcoming Korlat solar power plant in Croatia. The 99 MW facility is being developed by China Northern International Group in partnership with the Shandong Electric Power Engineering Consulting Institute, on behalf of Croatia’s state-owned power utility HEP. JA

Croatia: Monter-led consortium secures majority of Krk LNG pipeline contracts Read More »

Croatia: Monter-led consortium secures majority of Krk LNG pipeline contracts

A local consortium led by Monter-Strojarske Montaže has established itself as the leading contractor in Plinacro’s €530 million gas pipeline project, which will connect the LNG terminal on the island of Krk with Croatia’s mainland gas network and extend toward Hungary and Slovenia. The pipeline is divided into four segments, and Monter and its partners

Bosnia and Herzegovina: Solar boom sparks grid concerns, legal battles and allegations of corruption Read More »

Bosnia and Herzegovina: Solar boom sparks grid concerns, legal battles and allegations of corruption

By the end of 2025, five new solar power plants with a combined capacity of around 100 megawatts are expected to begin operation in Herzegovina. These include projects near Stolac, Medjugorje, and Livno, as well as two additional sites around Mostar. However, the country’s independent transmission operator, NOSBiH, has warned that a similar pace of

Bulgaria: Kozloduy nuclear power plant to temporarily shut down Unit 6 for preventive maintenance Read More »

Bulgaria: Kozloduy nuclear power plant to temporarily shut down Unit 6 for preventive maintenance

The operator of Bulgaria’s Kozloduy nuclear power plant has announced that Unit 6 will be taken offline at the end of this week, on July 19, to address a small coolant leak discovered in the third steam generator. The scheduled maintenance is expected to be completed by the end of the month. This precautionary shutdown

Europe: Brent oil and TTF gas prices rise amid geopolitical tensions, CO₂ allowances dip slightly Read More »

Europe: Brent oil and TTF gas prices rise amid geopolitical tensions, CO₂ allowances dip slightly

During the second week of July, Brent oil futures for the Front Month on the ICE market generally followed an upward trend. The exception was Thursday, July 10, when the settlement price dropped by 2.2% from the previous day, reaching the week’s lowest settlement price of $68.64 per barrel. However, on Friday, July 11, prices

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