North Macedonia: ENTSO-E forms expert commission to investigate power outage on 18 May

The European Network of Transmission System Operators for Electricity (ENTSO-E) has announced the establishment of a specialized expert commission to thoroughly investigate the power outage that occurred in North Macedonia’s electricity network on 18 May. The disruption happened in the early morning hours and caused an almost total loss of load across North Macedonia’s power […]

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Bulgaria: PPC Group expands renewable energy portfolio with 88 MW solar power plant acquisition

PPC Group is strengthening its renewable energy presence in southeastern Europe by securing ownership of a solar power plant upon completion of its construction and commissioning. Located in central Bulgaria, the solar installation will have an installed capacity of 88 MW. The project is currently under construction by Chint Green Energy, a subsidiary of the

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Bulgaria: KEVR approves slight decrease in wholesale natural gas price for June 2025

The Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 0.1% reduction in the wholesale price of natural gas for June 2025. The new wholesale price stands at approximately €32.8 per megawatt-hour (MWh), excluding VAT and excise duties. This follows a previously approved 14.2% price decrease for May. KEVR stated that Bulgaria’s natural

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Bulgaria reports strong growth in electricity production and consumption in first half of 2025

According to data released by the Bulgarian electricity transmission system operator ESO, electricity production in Bulgaria increased by 11.81% in the period from January 1 to June 1, 2025, compared to the same period in 2024, reaching a total of 17.79 terawatt-hours (TWh). During the same timeframe, Bulgaria’s electricity consumption rose by 7.82%, totaling 16.89

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Bosnia and Herzegovina: Electricity imports soar amid production challenges and rising energy needs

Bosnia and Herzegovina (BiH) imported electricity worth 136.4 million euros during the first four months of this year, marking a dramatic increase compared to just 22 million euros in the same period last year. This represents a staggering 518% surge in import value, highlighting the country’s growing energy challenges. In fact, BiH imported more electricity

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Bosnia and Herzegovina faces major financial crisis over unpaid energy debt and potential arbitration

Bosnia and Herzegovina (BiH) is facing a serious financial challenge following the missed payment deadline for a significant debt owed by the coal mine and thermal power plant (RiTE) Ugljevik to Slovenia’s electricity transmission operator, ELES. The outstanding amount currently totals 67 million euros. If this issue remains unresolved, it could lead to an international

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Europe: Brent oil, TTF gas and CO2 prices decline amid economic uncertainty and supply adjustments

During the last week of May, settlement prices for Brent oil futures for the Front Month on the ICE market remained below $65 per barrel. The highest settlement price of the week was recorded on Tuesday, May 28, at $64.90 per barrel. Prices then declined, reaching the weekly minimum of $63.90 per barrel on Friday,

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European electricity prices in late May 2025: Mixed trends amid falling demand and shifting renewable output

In the final week of May, average electricity prices declined in most major European markets compared to the previous week. However, prices rose in the Iberian Peninsula, France, and Italy. The MIBEL market in Portugal and Spain saw the largest percentage increases, with Portugal up by 163 percent and Spain by 207 percent. In France’s

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European electricity demand trends: Holiday impact and heat wave drive regional variations in late May 2025

During the week of May 26, electricity demand declined across most major European markets compared to the previous week. Germany recorded the largest decrease, with a drop of 4.9 percent, reversing the upward trend observed previously. France experienced the smallest decline, at 2.5 percent, marking the second consecutive week of reduced demand. Great Britain and

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Solar and wind energy trends in Europe: Record solar output and shifting wind production in late May 2025

In the week of May 26, solar photovoltaic energy production increased in most major European markets compared to the previous week. Italy recorded the largest increase, with a 22 percent rise, while Portugal showed the smallest growth at 3.1 percent. France and Spain also saw increases of 4.8 percent and 14 percent, respectively. The Iberian

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