Europe: Electricity demand rises in most markets amid seasonal shifts and holidays Read More »

Europe: Electricity demand rises in most markets amid seasonal shifts and holidays

During the week of June 23, electricity demand rose across most major European markets compared to the previous week. Germany and Italy saw the largest increases, with demand growing by 8.2% and 8.1% respectively. France experienced the smallest increase at 2.6%, while Portugal’s demand grew by 3.9%. The demand spikes in Portugal and Germany were […]

Solar and wind energy trends: Record solar production in Iberia, mixed forecasts for Europe Read More »

Solar and wind energy trends: Record solar production in Iberia, mixed forecasts for Europe

During the week of June 23, solar photovoltaic (PV) energy production rose in both Italy and Spain compared to the previous week. Italy experienced the largest increase at 9.4%, while Spain saw a more modest rise of 0.6%, marking its third consecutive week of growth. Conversely, Germany, France, and Portugal experienced declines in solar PV

Slovenia launches public consultation for Krsko nuclear expansion as project gains momentum Read More »

Slovenia launches public consultation for Krsko nuclear expansion as project gains momentum

Slovenia will initiate a three-month public consultation on July 1 as part of the spatial planning process for a new reactor unit at the existing Krsko Nuclear Power Plant. The Ministry of Natural Resources and Spatial Planning will release the draft plan for public review, while GEN Energija, the project developer, had already submitted its

Serbia grants operating license for new 350 MW unit at Kostolac coal power plant Read More »

Serbia grants operating license for new 350 MW unit at Kostolac coal power plant

The Serbian Ministry of Construction, Transport and Infrastructure has issued an operating license for the new B3 unit at the Kostolac coal-fired thermal power plant, marking a significant milestone in the country’s energy development. The license follows the formal handover of the 350 MW B3 unit last year from China Machinery Engineering Corporation (CMEC) to

Romania: R.Power appoints Nomad Electric as contractor for 55 MW solar project Read More »

Romania: R.Power appoints Nomad Electric as contractor for 55 MW solar project

Polish renewable energy developer R.Power has selected Romanian firm Nomad Electric as the general contractor for its 55 MW solar power project in Romania. The contract, finalized through R.Power’s local subsidiary, includes all installation, civil works, and commissioning activities. However, it does not cover the supply of solar modules and inverters. This project is part

Hungary: U.S. lifts sanctions on Paks nuclear expansion, paving way for full-scale construction Read More »

Hungary: U.S. lifts sanctions on Paks nuclear expansion, paving way for full-scale construction

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó has announced that the United States has officially lifted sanctions that had been obstructing Hungary’s plans to expand its Paks nuclear power plant. Originally imposed by the Biden administration, the restrictions have now been reversed, reverting to a Trump-era policy stance. Minister Szijjártó emphasized that the

Bulgaria sees decline in energy production and consumption in April 2025 amid refinery maintenance Read More »

Bulgaria sees decline in energy production and consumption in April 2025 amid refinery maintenance

According to the Bulgarian National Statistical Institute, both electricity production and consumption experienced a monthly decline in April 2025. Electricity output dropped by 5 percent compared to March, totaling 3,298 GWh, while consumption fell by 8.8 percent to 2,684 GWh. Natural gas consumption also saw a significant decline, dropping by 16.1 percent month-on-month to 219

Bosnia and Herzegovina: EPBiH proposes new tiered electricity tariffs amid rising imports and supply pressures Read More »

Bosnia and Herzegovina: EPBiH proposes new tiered electricity tariffs amid rising imports and supply pressures

State-owned power utility EPBiH has introduced a revised electricity pricing structure, which will be submitted to the Energy Regulatory Commission (FERK) for approval. The proposed model features three new tariff categories—blue, green, and red—designed to better reflect consumer usage patterns and promote efficiency. EPBiH CEO Nenad Ikanović explained that declining domestic electricity production has shifted

Bosnia and Herzegovina: ERS cancels feasibility study tender for Ustibar HPP amid cost-cutting claims and legal disputes Read More »

Bosnia and Herzegovina: ERS cancels feasibility study tender for Ustibar HPP amid cost-cutting claims and legal disputes

Under the pretext of cost rationalization, the state-owned power utility ERS has cancelled a €1.8 million tender for the feasibility study of the Ustibar hydropower plant (also known as Mrsovo 2). The move followed three failed attempts to award the contract to a consortium led by Serbia’s Energoprojekt Hidroinženjering, working alongside the local Waterworks Institute.

Serbia: US Treasury grants NIS fourth 30-day sanctions reprieve Read More »

Serbia: US Treasury grants NIS fourth 30-day sanctions reprieve

For the fourth time since April, the US Department of the Treasury has extended Serbian oil company NIS’s waiver from full sanctions implementation, pushing the new deadline to 29 July 2025. This extension follows NIS’s recent application for a special license aimed at preserving its ability to conduct routine business beyond the previous waiver’s expiration

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