Croatia: Koncar Group reports strong H1 2025 growth, driven by exports and strategic investments

Končar Group reported consolidated sales of 636.8 million euros in the first half of 2025, marking a 33% increase compared to the same period last year. Exports accounted for 71.5% of total revenue. The book-to-bill ratio stood at 1.4, pushing the order backlog to a record-high 2.3 billion euros. Net profit rose to 129.2 million […]

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Croatia: CROPEX sets new trading volume records on intraday markets

New records were set on CROPEX’s intraday continuous and intraday auction markets in July 2025. The trading volume of 60-minute products reached 239,472.8 MWh, while the total monthly volume on the intraday continuous market, including 15-minute products, amounted to 288,659.6 MWh. The trading volume for IDA2 reached 10,465.6 MWh. These record-breaking results on the intraday

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Europe: Electricity prices decline in late July, mixed outlook for early August

During the final week of July, average electricity prices declined across the major European power markets compared to the previous week. The smallest reductions were observed in the United Kingdom’s N2EX market and Italy’s IPEX market, with decreases of 4.9% and 5.0%, respectively. Meanwhile, the largest drop was recorded in the Nordic countries’ Nord Pool

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Electricity demand drops across most major European markets in late July

During the week of July 28, electricity demand declined in the majority of key European power markets compared to the previous week. Italy experienced the largest decrease, with demand falling by 12%, while Spain recorded the smallest drop, just 0.8%. Germany, France, and the United Kingdom also saw decreases of 2.3%, 2.7%, and 2.8%, respectively.

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European renewable energy update: Solar power breaks records, wind production set to decline

During the week of July 28, solar photovoltaic (PV) energy production increased across most major European electricity markets, marking a reversal from the declining trend observed the previous week. France led the surge with an 8.6% rise in solar output, followed by Germany with a 2.9% increase. Spain saw a modest 1.3% boost, while Italy

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Serbia: Desulphurization facility at TENT B nears completion, following TENT A’s successful launch

The desulphurization facility at the TENT B thermal power plant is nearing the end of its construction phase. Civil works have been completed, and commissioning is underway with staged testing of individual components. The initial release of flue gases and limestone slurry through Absorber B1 was successfully conducted, with a similar trial for Absorber B2

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Serbia: SEEPEX day-ahead market sees slight volume decline but price increase in July 2025

In July 2025, a total of 481,815.7 MWh of electricity was traded on the Serbian energy exchange SEEPEX’s day-ahead market, representing a 4.7 percent decrease compared to June and 2.4 percent less than July 2024. The average daily traded volume stood at 15,542.4 MWh. Despite the drop in traded volume, prices increased notably. The average

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Montenegro: HPP Perucica receives usage permit after 65 years

The Perucica hydropower plant, a key asset in Montenegro’s electricity system, has finally been granted its official usage permit after operating under a construction authorization since 1953, state-owned power utility EPCG announced. EPCG highlighted the lengthy delay as an example of slow institutional processes and questioned the reasons behind the long wait and the previous

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