Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

Solar and wind energy...

During the week of June 23, solar photovoltaic (PV) energy production rose in...
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Romania: Transelectrica secures €64 million from Modernization Fund for 400 kV line upgrade

Romanian electricity transmission system operator Transelectrica has signed its 11th financing contract from the Modernization Fund, securing €64 million for the upgrade of the...

Region: Romania, Georgia, Azerbaijan and Hungary launch joint venture for Black Sea submarine cable to enhance renewable energy connectivity

Romanian transmission system operator Transelectrica, Georgian transmission system operator Georgian State Electrosystem, Azerbaijan’s power utility AzerEnerji, and Hungary’s power utility MVM have announced the...

Romania: Transelectrica reports €52.8 million net profit for H1 2024, sees revenue growth and increased operating costs

Romanian electricity transmission system operator Transelectrica recorded a net profit of €52.8 million in the first half of 2024, marking a substantial 63% increase...

Romania considers temporarily capping prices of balancing energy

To address the rise in electricity prices on the balancing market, Romanian Government drafted a set of measures to be considered for implementation, including...

Romania considers temporarily capping prices of balancing energy

To address the rise in electricity prices on the balancing market, Romanian Government drafted a set of measures to be considered for implementation, including...

Romania: Transelectrica invites offers for electricity sales

Romanian transmission system operator Transelectrica intends to buy electricity to cover its own technological consumption (OTC) and is issuing a call for offers. Transelectrica is...
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