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 […]
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
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
Europe: Electricity demand in early September shows mixed trends Read More »
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
Solar and wind energy trends: Iberian solar rises while wind sees mixed results Read More »
German renewable developer ib vogt has signed a virtual power purchase agreement (vPPA) for a 70 MW solar plant in northwest Romania. The deal secures output for a major US-based technology company with investment-grade credentials, though the buyer was not named. The facility, expected to generate about 110 GWh annually, will use bifacial panels and
Romania: ib vogt signs virtual PPA for 70 MW solar project Read More »
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
Romania: Transgaz seeks approval to link Black Sea gas to regional pipeline network Read More »
Chinese company LONGi Green Energy Technology has signed an agreement to provide over 430,000 Hi-MO 9 BC modules for the 282 MW Corbii Mari solar power plant, developed by Israel’s Nofar Energy. Located in Dâmbovița County, the facility is scheduled to begin operations in 2026. It is expected to generate around 380 GWh of electricity
Romania: LONGi to supply solar modules for largest photovoltaic project Read More »
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
Romania: Romgaz terminates contract with Duro Felguera for Iernut gas plant Read More »
Hungarian Minister of Foreign Affairs and Trade, Peter Szijjártó, stated that the recent European Court of Justice ruling will not delay or obstruct the construction of two new reactor units at the Paks nuclear power plant. He emphasized that the court’s decision was directed against the European Commission, as it annulled an earlier ruling concerning
Hungary confirms Paks II nuclear expansion on track despite EU Court ruling Read More »
In August 2025, the average electricity bill for Montenegrin households was €39.45, down 1.8% from July (€40.19) and 10.8% lower than August 2024 (€44.22). The lowest average monthly bill was recorded in Pljevlja (€19.4), while Ulcinj had the highest at €71.3. Breaking down consumption: 59.11% of households paid less than €30, 18.53% between €30 and
Montenegro: Average household electricity bills drop in August 2025 Read More »
