europe Archives - Page 2 of 32 - On-the-Ground CBAM Execution in Serbia

Europe: TTF gas prices rise in Week 03 amid supply concerns and weather risks Read More »

Europe: TTF gas prices rise in Week 03 amid supply concerns and weather risks

During Week 03 (12–18 January 2026), TTF gas prices on the ICE market followed a clear upward trajectory, reflecting increasingly tight market conditions. February 2026 futures opened on Monday, 12 January, at €30.25/MWh, the week’s lowest settlement price, before rising steadily to €31.47/MWh on 13 January (+4.1%) and €31.81/MWh on 14 January (+1.1%). Momentum accelerated […]

Europe: Brent, TTF gas and EU carbon prices rise amid geopolitical risks and cold weather forecasts Read More »

Europe: Brent, TTF gas and EU carbon prices rise amid geopolitical risks and cold weather forecasts

During the third week of January, Brent oil futures for the Front Month on the ICE market continued the upward trend that began at the end of the previous week, reaching their weekly maximum settlement price of $66.52/bbl on Tuesday, January 14. According to AleaSoft Energy Forecasting, this was the highest Brent Front Month price

Europe: Electricity prices show mixed trends in third week of January, driven by renewables and demand Read More »

Europe: Electricity prices show mixed trends in third week of January, driven by renewables and demand

During the third week of January, electricity prices in most major European markets showed an upward trend, although in many cases they remained below the levels seen in the first days of the previous week. As a result, weekly average prices in most markets fell compared to the prior week, with a few exceptions. The

Europe: Electricity demand shows mixed trends following epiphany holiday Read More »

Europe: Electricity demand shows mixed trends following epiphany holiday

During the week of January 12, electricity demand increased in most major European markets compared to the previous week. The Italian market recorded the largest rise, 6.8%, followed by a 5.0% increase in Spain. The Portuguese market showed the smallest growth, 1.7%, while Germany rose by 2.0%. Both the Italian and German markets marked their

Europe: Solar and wind output shows mixed trends in mid-January Read More »

Europe: Solar and wind output shows mixed trends in mid-January

During the third week of January, solar photovoltaic (PV) energy production increased in the German and Italian markets compared to the previous week. The German market saw the largest rise, 77%, following two weeks of declines, while the Italian market recorded a 7.1% increase. In contrast, production declined in the Iberian Peninsula and French markets.

Europe: EU renewables near half of power demand as 2024 marks a structural energy shift Read More »

Europe: EU renewables near half of power demand as 2024 marks a structural energy shift

Renewable energy continued to gain ground across the European Union in 2024, with green sources supplying just under half of all electricity consumed. According to the latest Eurostat data, renewables covered 47.5% of gross electricity demand, a clear increase from the previous year that underscores a long-term structural shift in the EU’s energy system. This

Europe: Grid build-out is stalling at the equipment and integration layer: A near-sourced execution solution from South-East Europe Read More »

Europe: Grid build-out is stalling at the equipment and integration layer: A near-sourced execution solution from South-East Europe

Europe’s electricity transition has reached a phase where policy ambition and capital availability are no longer the binding constraints. The limiting factor is execution. Transmission and distribution operators across the continent have secured investment envelopes that now push annual grid-related capital expenditure toward €110–130 billion by the late 2020s. Yet project timelines are slipping, EPC risk premiums

Europe: New power backbone strategy and its transformational impact on Southeast Europe’s energy grid Read More »

Europe: New power backbone strategy and its transformational impact on Southeast Europe’s energy grid

Europe’s electricity landscape entered a new era in late 2025 when the European Commission unveiled a comprehensive Grids Package designed to modernise, expand and future-proof the continent’s electricity network. This initiative aims to address persistent infrastructure bottlenecks that have limited cross-border flows, constrained renewable energy growth, and contributed to stark price disparities across markets. What

Europe: TTF gas prices stable in Week 02 of 2026 amid winter demand and LNG market dynamics Read More »

Europe: TTF gas prices stable in Week 02 of 2026 amid winter demand and LNG market dynamics

In Week 02 of 2026, TTF gas prices in Europe exhibited modest intraday volatility, with the highest settlement occurring on January 7 and generally stabilizing around €28/MWh. February 2026 futures on the ICE market fluctuated between −3.7% and +2.5%, resulting in a weekly average of €28.06/MWh, slightly lower than the previous week (−0.7%). Prices opened

Europe: Gas reserves decline rapidly as winter drives record withdrawals Read More »

Europe: Gas reserves decline rapidly as winter drives record withdrawals

Europe’s underground gas reserves have been declining rapidly as winter conditions intensify across the continent. As of 9 January, storage sites held approximately 56.3 billion cubic meters of gas, equal to around 55.5% of total capacity, according to Gas Infrastructure Europe. Storage levels in several major markets were already well below the European average at