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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...

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SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...