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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

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...