Power Markets

Europe: Oil, gas and...

Brent crude oil futures for the front-month contract on the ICE market reached...

European power prices rise...

During the first week of November, average electricity prices rose in most major...

Europe: Electricity demand rises...

During the first week of November, electricity demand rose across the main European...

Solar and wind power...

During the week of November 3, solar photovoltaic (PV) production increased across all...
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hydrocarbon

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Greece: Share of carbon emission rights revenues in the RES special account reached 14.6%

The RES special account’s share of carbon emission rights revenues has been increased to 14.61 percent for 2024, up from 3.8 percent in 2023,...

Croatia: INA’s profit reached 250 million euros in 2023

Oil and gas company INA said that its consolidated net profit in 2023 remained the same as the previous year, at 250 million euros,...

Greece: Crete seismic survey results to be published in March

Initial results of 2D seismic surveys conducted by the ExxonMobil-Helleniq Energy consortium at plots off Crete are expected in March when the consortium plans...

Romania: Romgaz reports 3% decline in gas production

Romanian natural gas producer and supplier Romgaz reported a volume of extracted natural gas of 4.79 billion cubic meters - 30.97 million boe (oil...

Romania commissioned 642 MW of new production capacities

Romania added 624 MW of new electricity generation capacity last year, which is nearly a tenfold increase compared to 2022, according to the energy...

Croatia: Janaf extends storage deal with AZU

Croatian oil pipeline operator Janaf signed an extension until the end of June to its deal with Croatian Hydrocarbon Agency (AZU) for the storage...

Latest news

Bosnia and Herzegovina: Breakthrough achieved on 13-kilometer headrace tunnel for HPP Dabar, one of the largest in Europe

A ceremony marked the completion of the breakthrough phase of the headrace tunnel for Hydropower Plant (HPP) Dabar, one of the largest hydraulic tunnels...

Serbia: EPS launches €110 million modernization of Vlasina hydropower plants to boost capacity and extend lifespan

Serbia’s state-owned power utility EPS is continuing its hydropower modernization program, following upgrades at the Bajina Bašta, Zvornik, and Đerdap 1 plants. The next...

Montenegro: EPCG completes modernization of Perucica HPP Unit A7, extending lifespan and boosting efficiency

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit A7 at the Perucica hydropower plant, marking a major milestone in...

North Macedonia faces critically low hydropower reserves amid prolonged drought

Prolonged drought and scarce rainfall have severely reduced water levels in North Macedonia’s reservoirs and hydropower plants. According to data from state-owned power utility...

Slovenia: Hydropower output drops 24% in first nine months as uneven rainfall impacts generation

Hydropower plants along Slovenia’s main rivers generated 2,962.4 GWh of electricity in the first nine months of the year, a decline of more than...
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