According to data from the National Institute for Statistics (INS), Romania’s electricity consumption in the first half of 2025 reached 24.87 TWh, up 0.5 percent compared to the same period in 2024. Industrial electricity consumption totaled 18.65 TWh, a decrease of 0.9 percent, while household consumption rose 5.3 percent to 6.02 TWh. Public lighting usage […]
Montenegro’s public consultation on the draft National Energy and Climate Plan (NECP) concluded last week. The Ministry of Energy stated that a consultation report along with the final plan could be published within the next two months. A decision on which major hydropower project will start construction first is expected by the end of the
Montenegro concludes public consultation on draft National Energy and Climate Plan Read More »
Montenegro’s state-owned power utility EPCG and the European Bank for Reconstruction and Development (EBRD) have signed an additional 25 million euro loan to finance Gvozd 2, the expansion of the Gvozd wind farm. The upgrade will add three new turbines, increasing the project’s installed capacity to 75.6 MW — the highest for a single plant
Montenegro: EPCG and EBRD secure €25 million for Gvozd 2 wind farm expansion Read More »
The Ministry of Energy and Mining of the Republic of Srpska has launched a tender for a concession to build and operate the SET 1 solar power plant near Trebinje. The planned facility will have an installed capacity of 7.95 MW and is expected to generate around 11.457 GWh of electricity annually. The investment is
European natural gas prices fell to their lowest point of 2025 on Monday, as intensified diplomatic efforts toward a potential Ukraine ceasefire raised expectations of looser supply conditions. At the TTF hub in Amsterdam, front-month futures dropped by more than 1.9 percent in early trading to 30.43 euros per megawatt-hour. Prices had already weakened late
The European Union imported around 4.48 billion euros worth of liquefied natural gas (LNG) from Russia in the first half of 2025, an increase from 3.47 billion euros in the same period of 2024, according to Eurostat. Total EU LNG imports between January and June 2025 amounted to about 26.9 billion euros, with the United
During the second week of August, Brent crude oil Front Month futures on the ICE market remained below $67 per barrel. On August 13, they hit the week’s lowest settlement price of $65.63/bbl, the lowest since June 6. Prices rose on August 14 to the week’s maximum settlement of $66.84/bbl, following a 1.8% increase from
During the second week of August, average electricity prices rose across most major European markets compared to the previous week. Italy’s IPEX market and the MIBEL market for Portugal and Spain recorded the smallest increases at 4.9%, 20%, and 22%, respectively. In contrast, the Nord Pool market in the Nordic countries saw the largest percentage
During the week of August 11, electricity demand rose in most major European markets compared to the previous week. The British market recorded the largest increase at 12% following three consecutive weeks of decline. Belgium continued its upward trend from the previous two weeks, rising 6.2%. Germany and France reversed declines from the last two
Europe sees mixed electricity demand trends amid heat wave and holidays Read More »
During the week of August 11, solar photovoltaic (PV) energy production rose for the third consecutive week in the French and German electricity markets compared to the previous week. The French market experienced the largest increase, up 13%, while Germany saw an 8.0% rise. In contrast, solar PV production declined in Southern European markets, reversing
Solar and wind energy trends in Europe: August 11–18 forecasts Read More »
