Europe: Electricity demand declines in late March 2025, with regional variations Read More »

Europe: Electricity demand declines in late March 2025, with regional variations

In the week of March 31, electricity demand in most major European markets decreased compared to the previous week. The French and British markets saw the largest drops, with declines of 8.5% and 7.3%, respectively. Other markets, including Spain, Germany, Portugal, and Belgium, also experienced reductions in demand, ranging from a 2.3% decline in Spain […]

Europe: Solar and wind energy production sees notable increases and declines in April 2025 Read More »

Europe: Solar and wind energy production sees notable increases and declines in April 2025

In the first week of April, solar photovoltaic energy production saw an increase across most major European electricity markets compared to the previous week. Germany experienced the most significant growth, with a 54% rise, while France and Italy saw increases of 28% and 41%, respectively. However, solar energy production decreased in the Iberian Peninsula, with

Serbia strengthens energy ties with Azerbaijan at Southern Gas Corridor Advisory Council Read More »

Serbia strengthens energy ties with Azerbaijan at Southern Gas Corridor Advisory Council

At the 11th Ministerial Meeting of the Southern Gas Corridor Advisory Council in Baku, Serbian Assistant Minister of Oil and Gas, Sasa Kokovic, emphasized the growing energy partnership between Serbia and Azerbaijan. He highlighted the completion of the Serbia-Bulgaria gas interconnector in December 2023 as a major milestone in Serbia’s integration into regional energy infrastructure.

Serbia hires BlackSummit capital for lobbying amid US sanctions on NIS Read More »

Serbia hires BlackSummit capital for lobbying amid US sanctions on NIS

In response to US sanctions targeting its energy sector, particularly the oil company NIS, the Serbian Government has enlisted the lobbying services of BlackSummit Capital. The firm’s role is to assist Serbia in navigating the sanctions imposed on NIS, which is partly owned by the Russian company GazpromNeft. A document from the US Department of

Romanian consortium wins contract for 145 MW gas-fired cogeneration plant in Ramnicu Valcea Read More »

Romanian consortium wins contract for 145 MW gas-fired cogeneration plant in Ramnicu Valcea

A Romanian consortium comprising Elsaco and Energomontaj has been awarded the contract by the Municipality of Ramnicu Valcea to construct a 145 MW gas-fired cogeneration power plant at the CET Govora site. The project, valued at approximately 100 million euros, is funded by the European Union. The new facility will be integrated with the national

Romania: Electricity prices on OPCOM market experience significant changes in March 2025 Read More »

Romania: Electricity prices on OPCOM market experience significant changes in March 2025

In March 2025, the average electricity price on the day-ahead market of the Romanian energy exchange OPCOM reached 106.36 euros/MWh, marking a 67.66% increase compared to the same month in 2024, but a 32.33% decrease from the previous month’s average baseload price of 157.19 euros/MWh. The total traded volume on the day-ahead market in March

Montenegro: EPCG seeks one-year extension for Otilovici small hydropower plant project Read More »

Montenegro: EPCG seeks one-year extension for Otilovici small hydropower plant project

State-owned power utility EPCG has requested a one-year extension for completing the first phase of the Otilovici small hydropower plant (SHPP) project near Pljevlja. The delay is due to the ongoing tender process for the facility’s design and construction. The first phase involves preparing the necessary technical documentation. The Otilovici SHPP will be built on

Hungary: March 2025 sees significant drop in electricity prices on HUPX day-ahead market Read More »

Hungary: March 2025 sees significant drop in electricity prices on HUPX day-ahead market

In March 2025, the average electricity price on the day-ahead market of the Hungarian energy exchange HUPX dropped significantly, reaching 108.9 euros/MWh. This marks a 31% decrease compared to February’s average baseload price of 158.88 euros/MWh. The average peak price on the HUPX day-ahead market also saw a notable decline, falling by 40% to 100.61

Greece: Bio-LNG set for introduction as DESFA nears certification for Revythoussa terminal Read More »

Greece: Bio-LNG set for introduction as DESFA nears certification for Revythoussa terminal

The bio-LNG sector is gaining traction and is set to make its formal debut in the Greek market once DESFA, the country’s natural gas transmission system operator, secures certification for the Revythoussa LNG terminal, located near Athens. The certification process is expected to be completed by the end of the year. The approval will address

Greece: RWE and PPC to build 567 MW solar projects as part of clean energy push Read More »

Greece: RWE and PPC to build 567 MW solar projects as part of clean energy push

Energy giants RWE and PPC are advancing Greece’s clean energy transition through their joint venture, Meton Energy, which has made a final investment decision to proceed with the construction of two large-scale solar projects in Central Macedonia. The Kotyli and Neo Syrakio solar plants will have a combined capacity of 567 MW and are expected

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