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 […]
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 »
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
Romania: Photon Energy and Hyperion Renewables to build 34 MW solar power plant Read More »
Photon Energy and Hyperion Renewables have signed an agreement to construct a 34 MW solar power plant in Săliște, Romania. The project will be carried out under an engineering, procurement, and construction (EPC) contract, with plans to expand the plant’s capacity to 38 MW. Construction is set to begin in the third quarter of 2025,
Montenegro: EPCG receives environmental approval for Krupac solar power plant project Read More »
Montenegro’s state-owned power utility, EPCG, has received approval for the environmental impact assessment (EIA) study for the construction of the Krupac solar power plant. The facility will be located on three sites along the shores of Lake Krupac near Nikšić, covering a total area of approximately 118 hectares. The project, estimated at around 28.2 million
In 2024, unpaid electricity bills in Greece surged by nearly 40% compared to the previous year, reaching a total of 3.4 billion euros, according to the energy market regulator RAAEY. This marks a sharp increase from the 2.4 billion euros recorded in 2023, underscoring the growing difficulties faced by both households and businesses in meeting
The European Investment Bank (EIB) has granted a loan of 103.05 million euros to the Bosnian power utility EP HZHB. This funding will support the development of a 132 MW wind farm in the southwestern region of the country. The Poklecani wind project will be located in the mountainous area of West Herzegovina Canton, within
In April 2025, the Krsko nuclear power plant, jointly owned by Slovenia and Croatia, generated 503,994 MWh of net electricity, exceeding the planned output of 500,000 MWh by 0.8 percent. Last April, the plant underwent a full month of scheduled maintenance, which did not occur this year. The plant operated within all technical specifications, with
Rosatom has announced its readiness to offer Serbia a range of nuclear power plant projects, including both small and large capacity options, according to Marija Deuric, director of the Russian state corporation’s office in Serbia. Speaking at the international scientific forum Energy Transition of the Western Balkans held in Belgrade, Deuric explained that Rosatom is
Serbia: Pumped-storage hydropower plant Bistrica progresses as strategic energy project Read More »
Representatives from Serbia’s state-owned power utility EPS, local authorities, and non-governmental organizations held a presentation in Nova Varoš to discuss the construction of the Bistrica pumped-storage hydropower plant. Aleksandar Jakovljević, Executive Director for Investments and Development at EPS, underlined the importance of the Bistrica project, calling it the most significant ongoing energy initiative in Serbia.
