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net profit decline

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Romania: Nuclearelectrica reports 35% decline in net profit for first nine months

Romanian electricity producer Nuclearelectrica reported a net profit of €256 million for the first nine months of 2024, a 35% decrease compared to the...

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Europe: Brent, TTF gas and CO₂ prices remain high amid Middle East supply risks

On Tuesday, September 15, front-month Brent crude oil futures on the ICE market reached a weekly settlement high of $108.75/bbl. According to data analyzed...

Europe: Power prices decline across major markets as Italy records an increase

Weekly average electricity prices declined across most major European markets during the third week of September, with Italy the only market to record an...

Europe: Power demand diverges as Germany and Portugal rise while Southern markets decline

During the week of September 14, electricity demand increased in Belgium, Germany and Portugal, compared with the previous week. Belgium recorded the strongest growth,...

Europe: Solar generation declines as wind power output increases across major markets

During the week of September 14, solar photovoltaic generation declined across all major European electricity markets compared with the previous week. Portugal recorded the...

Serbia: Belgrade launches geothermal drilling programme for district heating

Belgrade district-heating utility Beogradske Elektrane has launched a tender for exploratory geothermal drilling at its New Belgrade and Miljakovac heating plants, marking a move...