Half of EU electricity from wind by 2050

Electricity prices across southeast Europe rose during 26 October–1 November, increasing procurement costs for Serbian and Montenegrin buyers even as the region’s premium over Germany narrowed sharply. The shift altered cross-border trading margins and hedging exposure ahead of the...

Southeast European day-ahead electricity prices rose sharply for Monday delivery on 2 November, with Bulgaria, Greece, Hungary and Romania all trading above €309/MWh as weekday demand returned and the region developed a pronounced premium over Germany. Bulgaria’s IBEX recorded the...

Serbia’s oil company NIS has received a temporary US Treasury licence to continue operating under the existing sanctions regime through 11 December. The authorisation was issued by the Office of Foreign Assets Control (OFAC). It covers commercial activity, including...