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Spain’s Hydro Reservoir Levels Surge, Impacting Power Market Dynamics

Recent heavy winter rainfall in Spain has significantly elevated hydro reservoir levels, surpassing historical averages. By mid-February 2026, these reserves were approximately 50% above...

Spain’s renewable energy future: Key challenges and opportunities for the next five years

Over the past five years, Spain has made significant strides in renewable energy, establishing itself as a European leader in the sector. Photovoltaic capacity...

European energy plans: Spain and Portugal set ambitious energy storage targets for 2030

All European countries' energy and climate plans emphasize the importance of energy storage, particularly batteries, as crucial for decarbonization and the growth of renewable...

Spain: Pumped storage increased their output

In a recent months, pumped storage power plants have seen a significant increase in their contribution to the electricity generation mix in Spain. This...

Latest news

Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...