Serbia: Nofar Energy to develop the largest solar project in the country Read More »

Serbia: Nofar Energy to develop the largest solar project in the country

The upcoming unveiling of Serbia’s largest solar park, located in Ada, will mark a significant milestone for Nofar Adria, a company primarily owned by Israeli firm Nofar Energy.  With a total capacity of 26 NW, this solar facility represents a substantial investment of 30 million euros and is expected to generate approximately 33,150,000 kWh of electricity annually. […]

Bulgaria: Bulgartransgaz chooses contractors for the Vertical Gas Corridor expansion Read More »

Bulgaria: Bulgartransgaz chooses contractors for the Vertical Gas Corridor expansion

Gas transmission operator Bulgartransgaz has successfully finalized the most important public procurement related to the implementation of the Vertical Gas Corridor concept, the company said in a press release. This procurement covers spatial planning, investment design, procurement of necessary materials and equipment, construction, and commissioning of new sites to expand Bulgartransgaz EAD’s gas transmission infrastructure.

Slovenia: Krsko NPP expansion project estimated at 9.3 to 15.4 billion euros Read More »

Slovenia: Krsko NPP expansion project estimated at 9.3 to 15.4 billion euros

Slovenian energy group Gen-Energija said an expansion of Krsko nuclear power plant’s capacity by 1,000 MW will cost an estimated 9.3 billion euros. The estimated investment value is 9,300 euros per kW of installed power. This means 9.3 billion euros for 1,000 MW and 15.4 billion euros for 1,650 MW, Gen-Energija’s executive director for finance,

Europe: Emission allowances futures reached weekly minimum price of 69.5 euros/MWh Read More »

Europe: Emission allowances futures reached weekly minimum price of 69.5 euros/MWh

AleaSoft Energy Forecasting reports that emission allowances futures in the EEX market for the reference contract of December 2024, settlement prices remained around €70/t during the third week of May. On Wednesday, May 15, these futures reached their weekly minimum settlement price, €69.46/t. According to data analyzed at AleaSoft Energy Forecasting, this price was 3.1% lower than the previous

SEE region: Electricity prices ranged between 66 and 91 euros euros/MWh in week 19 Read More »

SEE region: Electricity prices ranged between 66 and 91 euros euros/MWh in week 19

In week 19, electricity prices in SEE region increased compared to the previous week, by 25% in average, due to the higher electricity demand, the drop in wind energy production and the increase of CO2 emission right futures. Most markets reached the highest on Monday May 6 and then fell back over the course of the week.

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