Romania sees sharp decline in day-ahead and intraday electricity prices in August 2025

In August 2025, the average electricity price on Romania’s day-ahead market at OPCOM was 78.29 euros per MWh, down 52.44% compared to August 2024 and 28.35% lower than July 2025, when the average baseload price was 103.5 euros per MWh. The traded volume on the day-ahead market reached 1.2 million MWh, a decline of 17.79% […]

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Montenegro cancels Bar oil storage overhaul tender again due to invalid bids

Montenegro’s Ministry of Energy has canceled a second tender for the renovation of state-owned oil storage facilities in the coastal city of Bar, after both submitted bids were found invalid. The first bid, submitted by the Croatian-Montenegrin consortium S.A.K.Z.-Tibox-Oliver, was disqualified because local partner Oliver-Ing had an unresolved tax debt of 2.22 euros. The second

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North Macedonia upgrades transmission network to boost reliability and renewable integration

North Macedonia is advancing major investments in its electricity transmission network, highlighted by the installation of a new 400/110 kV transformer at the Dubrovo substation. This project is part of transmission system operator MEPSO’s broader modernization and expansion program aimed at improving reliability and enabling greater renewable energy integration. Dubrovo is a vital hub in

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North Macedonia: Day-ahead power trading up 37.7% year-on-year in August 2025

In August 2025, electricity trading on North Macedonia’s day-ahead market reached 126,292.1 MWh, marking a 37.7% increase compared to 91,721.7 MWh in the same month of 2024. However, the traded volume was 6.5% lower than in July 2025. According to market operator MEMO, the average market-clearing price in August was 81.23 euros/MWh, down 21.3% from

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Hungary accelerates energy storage expansion to tackle soaring negative power prices

The rapid expansion of weather-dependent renewable energy sources is creating an unusual trend in European power markets: negative electricity prices. On days with strong winds or abundant sunshine, solar and wind farms often generate far more electricity than the grid can consume, leading to an oversupply that pushes prices below zero. A recent report from

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Serbia: EPS issues tender for supervision of Kostolac 66 MW wind farm construction

Serbia’s state-owned power company EPS has opened a public tender for professional supervision services for the construction of the Kostolac wind farm, with the contract valued at approximately 275,000 euros. The decision follows significant delays and deviations from the original construction timeline, prompting EPS to strengthen oversight to ensure both safety and quality standards are

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Romania: Installed electricity capacity surpasses 19.6 GW, driven by solar growth

According to Romania’s electricity transmission system operator Transelectrica, the country’s installed electricity generation capacity reached 19.6 GW on 1 September 2025, reflecting an increase of just over 1 GW since the start of the year. These figures do not include contributions from prosumers. The growth has been driven primarily by solar energy, with 925 MW

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Hungary: Day-ahead and intraday electricity prices drop significantly in August 2025

In August 2025, the average price of electricity on the Hungarian energy exchange HUPX day-ahead market (DAM) was 80.51 euros/MWh, marking a 22% decline from July, when the average baseload price was 102.56 euros/MWh. The average peak price on the day-ahead market fell even more sharply, reaching 57.34 euros/MWh, 34% lower than in July. Traded

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Greece: Wind energy permitting plunges 65% in 2025 amid licensing delays

WindEurope’s autumn report indicates a significant slowdown in Greece’s wind energy market during the first half of 2025. New installation permits fell sharply by 65% compared to the same period in 2024, with only 214 MW of permits issued, down from 618 MW a year earlier. Industry stakeholders attribute the decline primarily to persistent licensing

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