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Croatia: Geothermal project halted after investor bankruptcy and license revocation

The Slatina 3 geothermal drilling project in Croatia has been abandoned following the bankruptcy of EES Dravacel, the company holding the exploration license. The...

Croatia: New developments in Slatina 3 geothermal project

Work on the Slatina 3 geothermal exploration field in Virovitica-Podravina County came to a halt this summer due to the pre-bankruptcy situation of the...

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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...

Serbia’s day-ahead power prices surge as Southeast European markets diverge

Day-ahead electricity prices in Serbia rose by €47.20/MWh to €150.18/MWh for October 1, as Hungary, Romania and northern Balkan markets recorded significant increases, while...