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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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EU proposal could transform green certificate and CBAM electricity trade in Western Balkans

A European Commission proposal to recognise renewable Guarantees of Origin from Energy Community countries could increase the commercial value of Western Balkan renewable electricity,...

EPS opens renewable M&A channel for Serbian wind, solar and hybrid projects

Serbia’s state-owned power utility EPS has opened a formal channel to acquire or partner with privately developed renewable energy projects of at least 50...

EU moves to open green certificate market to Western Balkan renewable generators

The European Commission has proposed mutual recognition of renewable Guarantees of Origin (GOs) between the European Union and the Energy Community, a move that...

World Bank-backed €50 million programme targets district heating in Pljevlja

Pljevlja transition programme and heating measures Montenegro is preparing an approximately €50 million World Bank-backed investment programme for Pljevlja. The effort targets district heating, cleaner...

Romania delays Cernavodă restart amid Danube drought, extending nuclear outage

Romania is unlikely to restart either reactor at the Cernavodă nuclear plant for at least another 10 days, pushing recovery beyond mid-September. The delay...