Croatia: Smart meter rollout passes one million installations

Croatia’s nationwide program to replace traditional electricity meters with smart devices is advancing quickly. State-owned utility HEP has installed more than one million smart meters out of 2.6 million, with full completion expected by 2029. The project is co-financed through the European National Recovery and Resilience Plan, which allocated 224,000 euros for the initiative. So […]

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Europe: Brent oil, TTF gas, and EU carbon prices rise amid geopolitical tensions in early September

Brent oil futures for the front month on the ICE market reached their weekly low of $66.02 per barrel on Monday, September 8. This value was higher than the previous Friday and marked the beginning of a series of increases over the following sessions. By September 10, the futures reached their weekly high of $67.49

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Europe: Electricity prices rise in early September amid higher gas, CO2 costs and lower renewable output

In the second week of September, average electricity prices rose in most major European markets compared to the previous week. The exceptions were the United Kingdom’s N2EX market and France’s EPEX SPOT market, which fell by 3.8% and 8.5%, respectively. Italy’s IPEX market and the Nordic countries’ Nord Pool market recorded the smallest increases, both

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Europe: Electricity demand in early September shows mixed trends

In the second week of September, electricity demand rose in most major European markets compared to the previous week. Italy recorded the largest increase, 4.1%, marking four consecutive weeks of growth. Germany, France, and Portugal also saw rises of 0.2%, 0.3%, and 0.8%, respectively, with Germany and Portugal extending a three-week upward trend. Conversely, demand

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Solar and wind energy trends: Iberian solar rises while wind sees mixed results

In the week of September 8, solar photovoltaic energy production increased in the Iberian markets compared to the previous week. Portugal saw the largest rise at 13 percent, following two weeks of declines. Spain recorded an increase of 2.3 percent, continuing its upward trend for the second consecutive week. During this period, both countries reached

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Romania: Transgaz seeks approval to link Black Sea gas to regional pipeline network

Romania’s gas transmission operator Transgaz has requested an environmental permit to connect the Tuzla-Podisor pipeline—which will transport offshore Black Sea gas to the national grid—with the regional transmission lines T2 and T3. These north-south pipelines link Greece and Bulgaria with Ukraine and Moldova. The project would allow Black Sea gas to flow beyond Romania’s domestic

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Romania: Romgaz terminates contract with Duro Felguera for Iernut gas plant

Romanian state-owned gas company Romgaz has officially terminated its contract with Spain’s Duro Felguera for the long-delayed Iernut natural gas-fired power plant. The Board of Directors approved the decision on 11 September, citing repeated failures by the contractor to meet obligations and deadlines. A termination notice was sent the same day, with the decision to

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