Slovenia launches €12 million grant program to boost solar power on public buildings Read More »

Slovenia launches €12 million grant program to boost solar power on public buildings

Slovenia’s Ministry of Environment, Climate and Energy has introduced a public funding program totaling 12 million euros to support the installation of solar power systems on public buildings and parking areas. This initiative is part of the country’s Recovery and Resilience Plan and will run through 2025 and 2026. The grants, which do not require […]

Montenegro: EPCG reports €10.2 million Q1 2025 profit amid revenue and cost increases Read More »

Montenegro: EPCG reports €10.2 million Q1 2025 profit amid revenue and cost increases

Montenegro’s state-owned power company EPCG posted a net profit of 10.2 million euros in the first quarter of 2025, slightly down from 11.4 million euros in the same period last year. The company’s net sales revenues increased to 125.7 million euros during the first three months of 2025, up from 113.2 million euros in Q1

Croatia: Korlat solar power plant set to become largest renewable energy hub by 2026 Read More »

Croatia: Korlat solar power plant set to become largest renewable energy hub by 2026

The Korlat solar power plant, set to become operational in 2026, will be the largest solar facility in Croatia with an installed capacity of 99 MW. The project, valued at around 70 million euros, is expected to produce approximately 165 GWh of electricity annually, enough to supply about 50,000 households. As a hybrid energy park

Bulgaria: Elliott Investment Management explores strategic acquisition of TurkStream assets and infrastructure Read More »

Bulgaria: Elliott Investment Management explores strategic acquisition of TurkStream assets and infrastructure

Hedge fund Elliott Investment Management is considering acquiring Bulgarian infrastructure assets, including a key section of the TurkStream gas pipeline, which is currently Russia’s only active gas route to Europe. The fund is also interested in related infrastructure such as data centers, cables, and other facilities linked to the pipeline. Although discussions remain preliminary, Elliott

Europe: Energy commodity prices remain volatile in mid-May amid geopolitical and market influences Read More »

Europe: Energy commodity prices remain volatile in mid-May amid geopolitical and market influences

During the third week of May, Brent crude oil futures for the Front Month on the ICE market consistently settled above $65 per barrel in most trading sessions. The highest settlement price of the week was recorded on Tuesday, May 13, at $66.63 per barrel—the highest level since April 26. However, prices began to decline

Europe: Electricity prices show mixed trends in mid-May amid shifts in renewable output and demand Read More »

Europe: Electricity prices show mixed trends in mid-May amid shifts in renewable output and demand

During the third week of May, average electricity prices in the main European markets showed varied trends compared to the previous week. The Spanish MIBEL market and the French EPEX SPOT market recorded the highest percentage increases, with prices rising by 47 percent and 140 percent, respectively. Prices also increased in the UK’s N2EX market

Europe: Electricity demand falls in mid-May as temperatures rise, with mixed outlook ahead Read More »

Europe: Electricity demand falls in mid-May as temperatures rise, with mixed outlook ahead

During the week of May 12, electricity demand declined in most major European markets compared to the previous week. Great Britain recorded the largest decrease, with demand falling by 3.7 percent. Germany and Italy followed, with decreases of 1.3 percent and 1.2 percent, respectively. Spain saw the smallest drop, at 0.8 percent. In contrast, Portugal,

Europe: Solar and wind energy output surges in mid-May, with new records set Read More »

Europe: Solar and wind energy output surges in mid-May, with new records set

During the week of May 12, solar photovoltaic energy production increased across the main European electricity markets. France and Italy recorded the largest growth, with increases of 19 percent and 18 percent, respectively. The Iberian Peninsula experienced its second consecutive week of growth, with solar energy production rising by 9.2 percent in Spain and 13

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