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Croatia: Second Foundation is the new owner of Nano Energies virtual power plant

Second Foundation, an algorithmic energy market trader, will acquire DES Holding, a flexibility aggregator and member of the Nano Energies group. The group develops...

Slovenia: Petrol’s profit reached 95 million euros in the first nine months

Petrol group reported a net profit of 95 million euros in the first nine months of 2023, compared to a profit of 24 million...

JIE: Spot electricity prices range from 124 to 155 euros per MWh on Monday

On Monday, August 28, spot electricity prices in Southeast Europe ranged from 124.4 euros per MWh in Serbia to 155.63 euros per MWh in...

Bulgaria: Average price on IBEX DAM 96.7 euros/MWh in July

The average baseload price on the day-ahead market of the Independent Bulgarian Energy Exchange in July 2023 reached 96.75 euros/MWh. That is 14% higher compared...

SEE Region: Spot electricity ranged between 95 and 117 euros/MWh in Week 27

During Week 27, European electricity prices increased in all markets, due to warm weather leading to higher demand for electricity and to a decrease...

SEE Region: Spot electricity ranged between 95 and 117 euros/MWh

During Week 27, European electricity prices increased in all markets, due to warm weather leading to higher demand for electricity and to a decrease...

Latest news

SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...