Europe: Electricity prices drop significantly in April, Iberian market hits record low

During the third week of April, electricity prices in most major European markets dropped compared to the previous week. The largest declines were seen in the MIBEL market, which includes Portugal and Spain. Prices in Portugal fell by 59%, reaching €12.90/MWh, while in Spain, prices dropped by 56%, reaching €13.59/MWh. These prices were lower than […]

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Solar output drops across Europe while Iberian wind power surges in mid-April

During the third week of April, solar photovoltaic energy production declined across major European electricity markets compared to the previous week. The most significant drop was recorded in Italy, where production fell by 26%, while Spain saw the smallest decrease at 2.6%. However, forecasts from AleaSoft Energy Forecasting indicate that solar energy output is expected

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Serbia: EPS delays environmental study for Bistrica hydropower project due to legal changes

State-owned power utility EPS has announced a delay in completing the draft environmental impact assessment (EIA) study for the Bistrica pump-storage hydropower plant project, citing recent changes in legislation as the primary reason. The study is being developed in line with Serbia’s Law on Environmental Impact Assessment and based on guidelines issued by the Ministry

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Montenegro faces energy challenges as TPP Pljevlja shuts down until November

Montenegro’s key electricity producer, the Pljevlja thermal power plant, has been shut down for reconstruction and will remain offline until mid-November. The plant typically supplies over 40 percent of the country’s electricity, making its closure a significant challenge for the national energy system. Despite the shutdown, the state-owned utility EPCG has assured consumers that electricity

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Bosnia and Herzegovina prepares for rising energy demand with major renewable expansion

A moderate increase in energy demand is expected in Bosnia and Herzegovina (BiH) over the coming years. In response, the power utility company EP HZHB is looking to hire a contractor to conduct a study on how to integrate new electricity generation facilities into its overall production management system. According to the technical documentation, BiH’s

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Europe: EU launches review to boost nuclear investment and energy security

The European Union has launched a public consultation as part of a wide-ranging review of investment needs in the nuclear energy sector, ahead of the adoption of an updated Nuclear Illustrative Program (PINC), expected in the second quarter of this year. The revised PINC is designed to promote nuclear investment across the EU by encouraging

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Serbia: Belgrade advances geothermal energy projects in push for cleaner heating solutions

Belgrade is making strides toward adopting geothermal energy, following a collaboration between public utility Beogradske Toplane and the Faculty of Mining and Geology. Recent exploratory work has confirmed the promising potential for geothermal energy at several sites across the city, including Borča, the Danube area, and Batajnica. Batajnica has emerged as a key focus, with

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Montenegro targets full integration with European electricity market by 2037

Montenegro is on track to begin its digital integration with the unified European electricity market between late 2026 and early 2027, with full integration anticipated by the end of 2036 or early 2037, according to Ivan Bulatović, CEO of state-owned power utility EPCG. This step marks a major transformation for Montenegro’s energy sector, paving the

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