europe Archives - Page 15 of 32 - On-the-Ground CBAM Execution in Serbia

Europe: Week 38 electricity prices fall across SEE amid higher renewables output Read More »

Europe: Week 38 electricity prices fall across SEE amid higher renewables output

During Week 38 of 2025, electricity market prices in Southeastern Europe (SEE) eased significantly compared to Week 37. All markets reported weekly average prices below €90/MWh, except Italy. The decline was driven by lower gas and CO2 emission allowance prices, reduced demand in most markets, and increased availability of renewable generation. Average electricity prices across […]

Europe: EU considers earlier ban on Russian LNG in new sanctions package Read More »

Europe: EU considers earlier ban on Russian LNG in new sanctions package

The European Commission is reviewing a proposal to speed up the introduction of a ban on Russian liquefied natural gas (LNG) as part of the bloc’s 19th sanctions package against Moscow. The move comes in response to the ongoing war in Ukraine. The package would impose a complete ban on Russian LNG imports after 1

Europe: EU cuts pipeline gas imports in first half of 2025 amid shift to LNG and renewables Read More »

Europe: EU cuts pipeline gas imports in first half of 2025 amid shift to LNG and renewables

In the first half of 2025, the European Union reduced pipeline gas imports by 9 percent compared to the same period last year, according to data from the Institute for Energy Economics and Financial Analysis (IEEFA). This decrease reflects both a growing reliance on liquefied natural gas (LNG) and ongoing efforts to curb demand. This

Europe: Natural gas prices approach two-week high amid geopolitical tensions Read More »

Europe: Natural gas prices approach two-week high amid geopolitical tensions

European natural gas prices climbed above €33/MWh, nearing a two-week high, as geopolitical concerns intensified. Israel’s strike on Hamas leadership in Qatar raised worries over potential supply disruptions, since Qatar is a key gas supplier to Europe, just ahead of the heating season. Prices were also influenced by reports that the EU may impose new

Europe: Wind energy capacity set to surge to 441 GW by 2030 despite major challenges Read More »

Europe: Wind energy capacity set to surge to 441 GW by 2030 despite major challenges

Europe is preparing for a major expansion of its wind energy sector, though significant challenges remain. By 2030, total installed capacity is expected to reach 441 GW, an increase of 178 GW compared to current levels. EU-27 member states are projected to add 133 GW, bringing their combined capacity to 344 GW. By mid-2025, the

Europe: Brent oil, TTF gas, and EU carbon prices rise amid geopolitical tensions in early September Read More »

Europe: Brent oil, TTF gas, and EU carbon prices rise amid geopolitical tensions in early September

Brent oil futures for the front month on the ICE market reached their weekly low of $66.02 per barrel on Monday, September 8. This value was higher than the previous Friday and marked the beginning of a series of increases over the following sessions. By September 10, the futures reached their weekly high of $67.49

Europe: Electricity prices rise in early September amid higher gas, CO2 costs and lower renewable output Read More »

Europe: Electricity prices rise in early September amid higher gas, CO2 costs and lower renewable output

In the second week of September, average electricity prices rose in most major European markets compared to the previous week. The exceptions were the United Kingdom’s N2EX market and France’s EPEX SPOT market, which fell by 3.8% and 8.5%, respectively. Italy’s IPEX market and the Nordic countries’ Nord Pool market recorded the smallest increases, both

Europe: Electricity demand in early September shows mixed trends Read More »

Europe: Electricity demand in early September shows mixed trends

In the second week of September, electricity demand rose in most major European markets compared to the previous week. Italy recorded the largest increase, 4.1%, marking four consecutive weeks of growth. Germany, France, and Portugal also saw rises of 0.2%, 0.3%, and 0.8%, respectively, with Germany and Portugal extending a three-week upward trend. Conversely, demand

Solar and wind energy trends: Iberian solar rises while wind sees mixed results Read More »

Solar and wind energy trends: Iberian solar rises while wind sees mixed results

In the week of September 8, solar photovoltaic energy production increased in the Iberian markets compared to the previous week. Portugal saw the largest rise at 13 percent, following two weeks of declines. Spain recorded an increase of 2.3 percent, continuing its upward trend for the second consecutive week. During this period, both countries reached

European gas prices stable in early September as LNG supplies and storage support market Read More »

European gas prices stable in early September as LNG supplies and storage support market

European natural gas prices remained relatively stable in early September, supported by coordinated global LNG imports that maintained adequate storage levels across the continent. Although European gas inventories were 16% lower than last year, rising US LNG exports and expanded terminal bookings helped ensure supply security for European consumers. TTF gas futures on the ICE