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gas prices drop

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Greece, Electricity subsidies 95 million euros in February

The government in Athens significantly reduced subsidies for electricity for February, bearing in mind the significant drop in gas prices on international markets, which...

SEE Region, Strong wind production and falling gas prices are pushing spot prices down to 80 euros per MWh

Wind energy production in Greece reached 68.9 GWh and had a 52.3 percent share of the country's total electricity production on Tuesday, January 17....

European gas prices hit their lowest level since 2021

The price of gas at the Dutch TTF hub has fallen almost continuously since last week, with a short-lived reversal on January 5, when...

Region, Gas prices in Europe continue to fall due to warm weather and strong winds

Wholesale gas prices at the Dutch TTF hub continued to fall between December 19 and 25, as a result of moderately warm weather and...

Region, Noticeable drop in spot prices in October due to warm weather and falling gas prices

In October 2022, electricity prices in Europe continued to fall, as gas prices followed a downward trend, supported by the fact that EU ministers...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...