Montenegro faces decline in electricity production in 2024 amidst challenging hydrological conditions
Montenegro saw a notable decrease in electricity production in 2024, generating 3,447 GWh, which is a 15% drop compared to […]
Hungary sets record low electricity consumption amid surge in solar power
Hungary set a new record for its lowest-ever electricity consumption on Easter Monday, thanks to exceptional solar energy production, as
Greece: Balancing market contributes 21% to earnings of electricity producers in 2023
In 2023, the balancing market remained a crucial source of revenue for electricity producers, contributing approximately 21% of their total
Croatia: Krk LNG terminal expansion set to double capacity, auction for new slots scheduled
The installation of a new regasification module at the LNG terminal on the Croatian island of Krk is nearing completion,
Serbia: Fortis Energy to build 110 MW solar power plant with storage
Turkish renewable energy company Fortis Energy has announced plans to construct a 110 MW solar power plant near the town
Romania: Banca Transilvania backs Simtel with €28 million to complete Giurgiu solar power plant
Banca Transilvania is extending €28 million in financial support to Simtel, a leading Romanian renewable energy company, to complete the
Romania: Eximprod Group completes 50 MW solar power plant in Prahova
Eximprod Group has successfully completed the construction of a 50 MW solar power plant in Ciorani, located in Romania’s Prahova
Bosnia and Herzegovina: HPP Visegrad sees surge in electricity production in March 2025
Hidroelektrane na Drini, a subsidiary of power utility ERS and operator of the Visegrad Hydropower Plant (HPP), reported a significant
Albania: SOCAR to begin supplying natural gas to Korca
The State Oil Company of Azerbaijan (SOCAR) is set to launch natural gas supply operations in the Albanian city of
Europe: Dutch gas prices show minor increase in Week 16 despite warm temperatures and strong supply
In Week 16 of April 2025, Dutch gas prices saw a slight increase, despite the combination of warm temperatures and
Region: Significant drop in electricity prices across SEE markets in Week 16 of 2025 amid lower demand and increased solar production
During Week 16 of 2025, electricity prices in the Southeast European (SEE) countries dropped across the board, influenced by a
Europe: Oil, gas and CO2 prices see fluctuations in third week of April amid global market concerns
In the third week of April, Brent oil futures for the Front Month on the ICE market continued to trade