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Hungary and Italy defy European power price decline as regional gap widens

Hungarian and Italian wholesale electricity prices increased in the week ending 20 September, despite weaker electricity demand across Southeast Europe and significant price declines...

Southeast Europe power prices move closer to European levels as renewables and storage grow

Wholesale electricity prices in Southeast Europe are moving closer to the lower end of the European market as the rapid expansion of renewable generation...

The gradual shift in electricity pricing dynamics across Europe

In recent years, the European electricity market has witnessed a significant transformation as the correlation between electricity prices and natural gas costs begins to...

Slovenia sees negative electricity prices on weekday due to renewable energy surplus

On 28 April, wholesale electricity prices in Slovenia dropped below zero between 11 AM and 4 PM, marking a rare weekday occurrence of negative...

SEE region: Electricity prices ranged between 88 and 103 euros/MWh in week 22

Due to increased electricity demand, a decrease in wind energy production and an increase in CO2 emission allowances, SEE electricity prices increased by 2.6%...

Greece: PPC launched a green electricity tariff at 13.63 cents per kWh

A drop in wholesale electricity prices during the second half of December has enabled Greek power utility PPC to launch a variable green tariff...

Latest news

Romania’s €1.2 billion Mintia gas plant enters commissioning ahead of grid connection

Romania’s 1.7 GW Mintia gas-fired power project has reached a major commissioning milestone with the first turbine ignition, bringing one of Southeast Europe’s largest...

Serbia power prices plunge 25% as nuclear shortages keep Romanian and Bulgarian markets elevated

Serbia’s wholesale electricity price fell by almost 25% for Saturday delivery as weaker weekend demand eased pressure on the market. However, Romania, Bulgaria and...

Baranda Energetski Park advances 317 MW solar with 31.7 MW battery near Opovo

Baranda Energetski Park is developing a proposed 317 MW solar project near Opovo in Serbia, alongside a 31.7 MW/126.8 MWh battery system. The developer...

Serbia readies €175 million World Bank-backed gas network upgrade

Serbia is preparing a gas infrastructure upgrade supported by a €175 million World Bank package. The programme targets ageing pipelines, transmission bottlenecks and storage...

OMV Petrom refining margin rises while upstream output and gas sales fall

Third-quarter refining margin and refinery operating levels OMV Petrom reported a sharp increase in its third-quarter indicator refining margin, with the refining benchmark reaching $41.75...