Operations at the coal-fired thermal power plant Ugljevik were halted shortly after midnight on 12 January after the facility ran out of adequate coal supplies. The shutdown was carried out in a controlled manner, following an assessment that fuel availability was no longer sufficient to ensure safe operation of the unit. Management said that severe […]
Albania has taken a major step forward in renewable energy development after the government officially approved a 600 MW wind farm near the northern town of Tropoje. The project will be developed by CWP Europe, marking one of the largest wind investments ever announced in the country. Authorities have outlined an ambitious schedule, with construction
Albania: ALPEX day-ahead power trading jumps nearly 71% year-on-year in December Read More »
The Albanian electricity exchange ALPEX reported that total electricity traded on its day-ahead market reached 168.6 GWh in December 2025, representing a 1% decline compared with the previous month, but a sharp 70.8% increase year-on-year. Of the total traded volume, 110.2 GWh was cleared for the Kosovo bidding zone and 99.4 GWh for the Albania
Plans to reinforce gas flows from southern Europe toward Ukraine are once again slipping into uncertainty, as upcoming capacity auctions along the Vertical Gas Corridor may attract no bidders. Officials are warning that market interest could once more evaporate, echoing the failure seen late last year and reopening questions about the project’s overall commercial viability.
Chinese wind-turbine manufacturer Dongfang Wind Power has signed a contract to deliver 48 wind turbines for a 300 MW wind power project in Serbia, with a total investment value of €495 million. The project is set to become the largest wind farm in Serbia and across Eastern Europe, positioning the country among the region’s leading renewable-energy markets. The wind farm,
Europe: Geopolitical tensions lift brent above $60 while CO₂ prices hit new highs Read More »
During the second week of January, Brent front-month futures remained above $60/bbl for almost the entire period, except on January 7, when they fell to their weekly minimum of $59.96/bbl. Prices strengthened toward the end of the week, and on Friday, January 9, they reached a weekly maximum of $63.34/bbl, which was 4.3% higher than
Europe: Power prices climb in early 2026 as CO₂ costs rise and renewables weaken Read More »
During the second week of 2026, electricity prices rose in most major European markets, particularly during the first four days of the week. As a result, weekly average prices increased across almost all markets, with the notable exception of the Iberian MIBEL market of Spain and Portugal, which recorded a decline of 11%. The Nordic
Europe: Cold snap pushes electricity demand higher at the start of January Read More »
During the first week of January, electricity demand increased across the main European markets compared to the previous week. Italy recorded the strongest growth, with demand rising by 19%. In Spain, Germany, Belgium, Great Britain and Portugal, increases ranged between 11% and 17%, with Portugal at the upper end of this range. Most of these
During the week of January 5, solar photovoltaic production increased strongly in the Iberian Peninsula, while most central European markets recorded declines. Spain showed the largest growth, with production rising by 39%, whereas Portugal followed with a more moderate increase of 16%. In contrast, Italy, Germany and France all experienced downturns in output. After two
Serbia launches new crude oil pipeline to Novi Sad to strengthen supply security Read More »
Serbia has launched a public tender for the construction of a new crude oil pipeline linking the Hungarian border with Novi Sad, a project aimed at strengthening supply security by adding a second import route. The procurement, announced by Transnafta, covers construction works and expert supervision. The pipeline would be 113 kilometers long, running from
