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Europe: Average annual price of TTF gas futures reached 41.4 euros/MWh

TTF gas futures prices in the ICE market for the FrontMonth fell in 2023 compared to 2022. These futures reached an average price of...

Europe: Average electricity prices ranged from 56 to 127 euros/MWh in 2023

In 2023, the annual average price was below €100/MWh in most major European electricity markets. The exceptions were the N2EX market of the United...

Europe: Electricity prices return to 2021 levels in 2023

In 2023, annual electricity market prices fell to levels similar to those of 2021, being mostly below €100/MWh. The drop in gas prices, together...

Greece, Average annual price at DAM 279.9 euros per MWh

In 2022, the Greek wholesale electricity market was among the four most expensive markets in Europe. With an average annual price of €279.91 per...

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Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...