In July 2025, the average electricity price on the day-ahead market of the Romanian energy exchange OPCOM was 103.5 euros/MWh. This represents a 28.69% decrease compared to July 2024, but a 20.16% increase compared to June 2025, when the average baseload price was 86.13 euros/MWh. The traded volume on the day-ahead market in July reached […]
Montenegro: EPCG launches tender for 2.5 MW Slano solar power plant design Read More »
Montenegrin state-owned energy company EPCG has announced a tender for the preparation of project documentation for the construction of the Slano solar power plant, located on the Slano reservoir dam. The planned photovoltaic facility will have an installed capacity of 2.5 MW. The tender, valued at 13,000 euros, requires bids to be submitted by August
North Macedonia: Day-ahead electricity exchange hits record trading volume in July 2025 Read More »
In July 2025, the volume of electricity traded on North Macedonia’s day-ahead electricity exchange reached 135,072.8 MWh, marking a 36.6% increase compared to 98,842.2 MWh recorded in the same month the previous year. Compared to June 2025, traded volume rose by 42.7%. This represents the highest monthly traded volume ever recorded, surpassing the previous record
MOL Group reported a profit before tax of 236 million dollars in Q2 2025, representing a 56% year-on-year decline. While a softer regional macroeconomic environment weighed on results, strong upstream volumes, robust downstream throughput, and growing consumer services activity helped mitigate the impact. Based on first-half performance, management maintained its full-year 2025 guidance but noted
PPC Group reported a net income of 200 million euros for the first half of 2025, up from 180 million euros in the same period of 2024. Adjusted EBITDA reached 1 billion euros, reflecting a 7% year-on-year increase. Total capital expenditures amounted to 1.3 billion euros, with approximately 90% allocated to renewable energy, flexible generation,
ICGB, the independent operator of the Greece-Bulgaria gas interconnection (IGB pipeline), has obtained a construction permit for the first phase of its capacity expansion project. This phase involves upgrading the Stara Zagora metering station in Bulgaria, increasing its throughput capacity from 3 to 5 billion cubic meters per year. With the permit secured, ICGB can
Coalmine and Thermal Power Plant (RiTE) Gacko reported a net profit of approximately 290,000 euros, a significant improvement compared to a loss of 11.8 million euros during the same period last year. The company’s total revenues in the first half of the year reached 45.8 million euros, reflecting an 11.5% increase year-on-year. Meanwhile, total expenses
Montenegro grants 24.5-year lignite concession to Pljevlja Coalmine Read More »
The Montenegrin Government has granted a 24.5-year concession to the Pljevlja coalmine for the exploration and extraction of brown lignite at four sites in the Pljevlja municipality: Potrlica, Kalusici, Grevo, and Rabitlje. Under the agreement, the company will pay a fixed total fee of 64 million euros, divided into annual installments of 2.67 million euros
North Macedonia proposes higher rooftop solar limits and faster approval process Read More »
North Macedonia is preparing to raise the maximum capacity for rooftop solar installations to 10 kW for households and 70 kW for businesses, up from the current limits of 6 kW and 40 kW. The draft legislation also introduces strict timelines for permitting and grid connection. Under the proposal, authorities will be required to issue
Hungary: HUPX day-ahead power prices surge 22% in July 2025 Read More »
In July 2025, the average price of electricity on the day-ahead market of the Hungarian energy exchange (HUPX) was 102.56 euros/MWh, marking a 22% increase compared to June’s average baseload price of 84.1 euros/MWh. The average HUPX day-ahead peak price reached 86.36 euros/MWh, up by 63% from the previous month. Day-ahead market trading volume totaled
