The average electricity price on the day-ahead market (DAM) of the Hungarian energy exchange HUPX reached 124.35 euros/MWh in November 2025, up 2% from October, when the average baseload price was 122.09 euros/MWh. The average peak price on HUPX DAM rose more sharply, reaching 142.28 euros/MWh, a 10% increase compared to October. Traded volume on […]
According to short-term energy statistics published by the Croatian Bureau of Statistics, net electricity production in Croatia in October 2025 reached 1,097 GWh, marking a 16.6% decline compared to October 2024, when production amounted to 1,315 GWh. During October, hydropower plants generated 222 GWh (20.2% of total production), thermal power plants produced 379 GWh (34.5%),
Electricity generation at Bulgaria’s Kozloduy nuclear power plant has been fully restored after unit 6 was reconnected to the national grid this morning, shortly before 11:00. The reactor had been taken offline on 15 December due to a technical issue in a safety-related component located outside the nuclear section of the unit. The problem involved
Bulgaria’s electricity production grew by 6.07% in 2025, reaching 38.13 TWh, according to data from the Bulgarian electricity transmission system operator ESO. Electricity consumption also rose by 4.81% over the same period, totaling 36.52 TWh, resulting in net electricity exports of 1.61 TWh for the year. Baseload power plants, including coal and nuclear, produced a
Bulgaria: Electricity production rises 6% in 2025 as renewables gain ground Read More »
Nearly half of the electricity produced across the European Union now comes from renewable sources, marking another step forward in the bloc’s energy transition. During the third quarter of 2025, clean energy accounted for 49.3% of net electricity generation, improving on the 47.5% recorded in the same period last year, according to Eurostat data. The
Hungary significantly increased its import of Russian natural gas in 2025, strengthening its position as the leading importer among European Union member states. According to Eurostat data covering the period from January to October, Hungarian purchases grew by around 15% compared with the previous year. In value terms, Hungary ranked first among EU buyers of
Region: Hungary leads EU in Russian gas imports as TurkStream flows rise in 2025 Read More »
For most industrial buyers in South-East Europe, electricity procurement still feels like a domestic decision. Contracts are signed locally. Power is delivered locally. Bills are paid locally. Yet the behaviour of electricity prices no longer reflects local conditions in any meaningful way. Industrial buyers across SEE increasingly purchase electricity from systems they neither see nor
Why SEE industry buys electricity from systems it does not control Read More »
Cross-border interconnections in South-East Europe were built to improve security of supply, smooth local imbalances, and enable regional trade. For years, they largely fulfilled that role. Flows were slow, predictable, and stabilising. Imports covered outages. Exports absorbed surplus. Price differentials narrowed gradually. That function has changed. In today’s SEE power system, interconnectors no longer primarily
Baseload in South-East Europe did not disappear suddenly. It has been eroding quietly, unevenly, and often invisibly, masked by legacy assumptions about system stability. For years, coal and large hydro units continued to anchor prices, absorb volatility, and provide inertia even as renewable capacity expanded. That buffering role is now breaking down, and its loss
Wind power occupies a fundamentally different position in the South-East Europe electricity system than solar, and it is often misunderstood for that reason. While solar reshapes prices in a predictable intraday pattern, wind introduces discontinuity. Its defining characteristic is not abundance or cheap energy, but uncertainty. In a coupled regional system, that uncertainty does not
