Bulgaria sees significant increase in electricity production and renewable energy share in Q1 2025

According to data published by Bulgaria’s electricity transmission system operator, ESO, electricity production in Bulgaria between January 1 and March 30, 2025, increased by 16.83% compared to the same period in 2024, reaching a total of 11.74 TWh. During this period, electricity consumption in Bulgaria also saw a rise of 7.77%, reaching 11.14 TWh. As […]

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Electricity market trends in Europe: Price fluctuations, demand decline and renewable energy shortfalls in late March 2025

In the last week of March 2025, electricity prices in Europe showed mixed trends. A decline in wind energy production led to price increases in some markets, despite falling demand and lower gas and CO₂ prices. Croatia and Greece saw the highest percentage increases in electricity prices, rising by 20.41% and 14.18%, respectively, while Serbia

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Brent oil, gas and CO2 futures: Market trends and influences in the fourth week of March

In the fourth week of March, Brent oil futures continued their upward trajectory, reaching a weekly maximum settlement price of $74.03/bbl on Thursday, March 27, the highest since late February. On Friday, March 28, prices slightly declined to $73.63/bbl, still 2.0% higher than the previous Friday. The rise in prices was influenced by US tariff

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European electricity prices in late March: Trends, drops and market forecasts for April

In the fourth week of March, average electricity prices decreased in most major European markets compared to the previous week. However, prices increased in the EPEX SPOT markets of Germany, Belgium, France, and the Netherlands, with increases ranging from 9.2% in the Dutch market to 25% in the French market. On the other hand, the

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Europe: Gas prices see volatility amid speculation on Russian supply and tightening storage levels

European natural gas prices in Week 11 of 2025 saw significant fluctuations, particularly on Monday, March 10, when prices hit their lowest for the week. This drop followed comments by Russian President Vladimir Putin, who suggested that a potential energy cooperation deal between Moscow and Washington could boost Russian gas supplies to Europe. Despite the

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Region: SEE electricity prices drop in Week 11 of 2025 amid warmer temperatures and lower demand

In Week 11 of 2025, electricity prices across Southeast Europe (SEE) dropped significantly due to warmer temperatures and lower electricity demand, despite rising CO2 prices and gas prices climbing above €40/MWh again after falling below that threshold in the previous week. All SEE markets experienced a decline in electricity prices. Initially, prices were on the

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