By the end of May 2025, Romania recorded 228,302 prosumers—electricity users who generate power through solar panels and feed surplus energy into the national grid—according to data from the Energy Regulatory Authority (ANRE). Their combined installed capacity reached 2,726 MW. Over the past year, the number of prosumers increased by 90,902, up from 137,400 in […]
Romania reaches over 228,000 prosumers by end of May 2025 Read More »
Romanian power producer Nuclearelectrica plans to secure a €540 million credit facility from a bank syndicate led by JP Morgan to finance the refurbishment of Unit 1 at its Cernavoda nuclear power plant. The company’s management is currently seeking shareholder approval to proceed with the loan agreement, with full details of the syndicate’s structure and
Romania: Nuclearelectrica seeks €540 million loan for Cernavoda Unit 1 refurbishment Read More »
The municipal government of Sofia has approved a project to install hydropower turbines within its existing water supply system. This initiative was formalized through a Memorandum of Cooperation signed by Mayor Vasil Terziev and Francois Deberg, Regional Director of Veolia’s local water division. Mayor Terziev emphasized that the project supports Sofia’s vision of becoming a
Bulgaria: Sofia to generate clean energy with in-pipe hydropower turbines Read More »
In June 2025, the Federation of Bosnia and Herzegovina (FBiH) recorded a gross electricity production of 471 GWh, marking a decrease of 8.4% compared to June 2024, when production reached 514 GWh. Hydropower plants contributed 29.51% to the total gross electricity production, thermal power plants accounted for 62.63%, and wind farms made up 7.86%. Net
Naftogaz Group has signed its first supply agreement with SOCAR Energy Ukraine, a subsidiary of Azerbaijan’s SOCAR group, to import natural gas from Azerbaijan using the Bulgaria-Romania-Ukraine corridor. Before starting regular deliveries, the company conducted a trial shipment of gas via the Trans-Balkan route. Naftogaz CEO Sergii Koretskyi stated that although the volume was small,
Region: Naftogaz launches first gas imports from Azerbaijan via Trans-Balkan Corridor Read More »
Brent oil futures for the Front Month on the ICE market declined in most sessions during the fourth week of July, marking the second consecutive week of losses. The only exception was Thursday, July 24, when the settlement price rose by 1.0% compared to the previous day. The weekly high was recorded on Monday, July
In the fourth week of July, average electricity prices declined in most major European markets compared to the previous week. Exceptions included the EPEX SPOT markets of the Netherlands and Germany, as well as the Nord Pool market covering the Nordic countries, which experienced price increases of 0.9%, 1.2%, and 20%, respectively. The MIBEL markets
During the week of July 21, electricity demand decreased in most major European electricity markets compared to the previous week. The most significant declines were observed in the Spanish and Belgian markets, with drops of 7.3% and 6.7%, respectively. The smallest reductions were recorded in Portugal and Italy, where demand fell by 1.6% and 1.7%.
Europe: Electricity demand declines amid cooler weather during third week of July Read More »
During the week of July 21, solar photovoltaic energy production declined across the main European electricity markets compared to the previous week. The largest drop was observed in the German market, where production fell by 21%. Portugal registered the smallest decrease, with a reduction of 2.0%. Other markets also experienced declines: Italy by 8.1%, Spain
European renewable energy trends: Solar declines, wind gains in late July Read More »
According to data from the Statistical Office of the Republic of Slovenia, the country’s net electricity generation in June 2025 dropped by 25 percent compared to the same month in 2024. Total net production for the month amounted to 1,145 gigawatt-hours (GWh), which also represents an 8 percent decline from May 2025. Thermal power plant
