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Europe storage at 72% raises reliance on LNG supply for winter demand

EU inventories and starting position EU gas storage stood at approximately 811 TWh, or 74 billion cubic metres, on October 1, based on figures attributed...

Distribution grid investment in Europe set to hit €48 billion by 2027

European electricity distribution investment is expected to reach €48 billion in 2027, according to the outlook cited alongside rising pressure on networks. The spending...

Europe: Brent prices recover on Middle East developments as gas and CO2 markets stay steady

Front-month Brent crude oil futures on the ICE market recorded a weekly low settlement price of $99.25/bbl on Tuesday, September 22, following five consecutive...

Europe: Power prices climb across major markets amid lower wind generation

Weekly average electricity prices increased across most major European electricity markets during the fourth week of September, with Italy the only market to record...

Europe: Electricity demand declines across major markets amid cooler temperatures

Electricity demand declined across most major European power markets during the week of September 21 compared with the previous week. Italy recorded the largest...

Europe: Solar output rises as wind generation falls across major power markets

Solar photovoltaic generation increased across most of Europe’s major electricity markets during the week of September 21 compared with the previous week. Germany recorded...

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SEE electricity prices surge as wind generation drops and Serbia becomes the region’s most expensive market

Southeast European day-ahead electricity prices rose sharply on Friday, with Serbia emerging as the region’s most expensive market as weaker wind generation, higher cross-border...

Krško nuclear plant generates 487,438 MWh in September 2026, misses target

The Krško nuclear power plant, jointly owned by Slovenia and Croatia, produced 487,438 MWh of net electricity in September 2026. Output was 1.53% below...

Kovačica wind complex expansion to 200 MW after €140m Pupin project

Serbia’s Kovačica wind complex is set to reach 200 MW of installed capacity after adding the Pupin wind farm. The 95.5 MW Pupin development...

Romania Competition Council clears NIS Petrol acquisition by Argenta

Romania’s Competition Council has approved the acquisition of NIS Petrol by Romanian company Argenta, removing a regulatory obstacle to NIS’s planned withdrawal from the...

Transelectrica completes €51 million STATCOM voltage control upgrade ahead of schedule

Romanian electricity transmission operator Transelectrica has completed a €51 million investment in voltage control infrastructure. The project is designed to strengthen the national grid’s...