Croatia: CROPEX electricity trading volume rises 20.7% in May 2025 Read More »
In May 2025, a total of 1,184,750.1 MWh of electricity was traded on Croatia’s energy exchange, CROPEX, marking a 20.7% increase compared to April. Of this volume, 922,968.8 MWh was traded on the day-ahead market and 261,781.1 MWh on the intraday market. Compared to May 2024, the traded volume rose by 19%. The average daily […]
Bulgaria plans to finalize Kozloduy nuclear expansion contract by end of 2026 Read More »
Energy Minister Zhecho Stankov announced that Bulgaria aims to sign a construction agreement for units 7 and 8 at the Kozloduy nuclear power plant by the end of 2026. If the project proceeds as planned, Bulgaria will become the first EU country to operate a Westinghouse AP1000 reactor. Minister Stankov said the contract is expected
Bulgaria: IBEX day-ahead market sees slight monthly decline, yearly growth in May 2025 Read More »
In May 2025, a total of 2,225,726.2 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), representing a 3.5% decrease compared to the previous month. The average daily traded volume in May was 71,797.6 MWh. However, the traded volume in May 2025 was 6.7% higher than in the
A recent report by the Institute for Energy Economics and Financial Analysis (IEEFA) projects that the European Union could reduce its total imports of natural gas and liquefied natural gas (LNG) by 25% between 2024 and 2030. This forecast is driven by a continuing decline in gas consumption, fueled by the EU’s increasing adoption of
Slovenia: HSE plans major expansion to boost renewable energy Read More »
Hydropower plants along the Sava river in Slovenia produced just over 1,000 GWh of electricity last year, accounting for slightly more than 20 percent of the country’s total electricity generation. However, this output represents only about one-third of the river’s full energy potential, indicating significant opportunities for further development. The HSE Group, Slovenia’s main electricity
North Macedonia: Electricity trading day-ahead market rises 25% year-on-year in May 2025 Read More »
In May 2025, the volume of electricity traded on North Macedonia’s day-ahead electricity exchange reached 86,321.1 MWh, which is approximately 25 percent higher than the 69,054 MWh recorded in the same month the previous year. However, the traded volume in May was 21.7 percent lower compared to the previous month. The electricity market operator MEMO
The Consumer Protection Commission (CCP) has launched a thorough investigation into the pricing strategies used by Lukoil for its fuel sales, with the aim of determining whether consumers’ economic interests have been adversely affected in the retail fuel market. This decision follows a joint exchange of information between the CCP and the Commission for the
A subsidiary of the power utility ERS, called Hidroelektrane na Drini, which operates the Visegrad hydropower plant, announced that the plant produced 113.76 GWh of electricity in April 2025. This is 5.4 percent less than the previous month, when electricity generation was 120.21 GWh. In April of the previous year, the plant produced 78.45 GWh
A recent analysis commissioned by Eurelectric indicates that moving toward electricity-based energy systems could revitalize Europe’s industrial competitiveness, reduce its dependence on fossil fuels, and boost economic growth. Electricity has already become a more efficient option than fossil fuels in some sectors, and its broader application in heavy industries could also be economically viable by
In the fifth week of May 2025, TTF gas futures on the ICE market for June delivery were lower compared to the previous week, averaging around €36/MWh. On Monday, May 26, TTF gas futures reached their highest settlement price of the week at €37.369/MWh, which was 2.5% higher than the last session of the previous
