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Romania Approves Environmental Permit for Next Phase of Cerna-Motru-Tismana Hydropower Project

The Romanian government has taken a significant step forward in the energy sector by approving the environmental permit necessary for the second phase of...

Romania: Court suspends environmental permit for nearly completed Rastolița hydropower power plant

The Cluj-Napoca Court of Appeal has issued a temporary suspension of the environmental approval for Hidroelectrica’s Rastolița hydropower project, despite the facility being over...

Romania: Hidroelectrica to resume 65 MW Bumbesti-Livezeni hydropower project

Romanian electricity producer Hidroelectrica is close to resuming works and completing the Bumbesti-Livezeni hydropower complex after the government waived this year the environmental impact...

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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...