SEE electricity markets diverge: Prices ease, demand rises, wind power soars

During Week 47 of 2025, electricity prices in Southeast Europe (SEE) declined moderately across most markets compared to Week 46, largely due to falling gas prices. With the exception of Greece, all SEE markets posted weekly average prices above €100/MWh, while the regional average hovered around €110/MWh. Prices began the week at elevated levels, peaked […]

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Europe: Brent falls to one-month low as peace talks pressure oil and gas markets

Brent crude futures for the Front Month on the ICE exchange hit their weekly peak of $64.89/bbl on Tuesday, November 18, before shifting into a downward trend. By Friday, November 21, they had fallen to $62.56/bbl, marking the week’s lowest settlement price—2.8% below the previous Friday and the lowest level since October 22, according to

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Europe: Electricity prices surge in mid-November as demand rises and renewable output falls

In the third week of November, average electricity prices rose across all major European power markets compared to the previous week. Italy’s IPEX market posted the smallest increase at 3.3%, while the Nordic Nord Pool market and France’s EPEX SPOT market recorded the most dramatic jumps, with prices surging by 113% and 179%, respectively. In

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European power demand surges as cold weather drives consumption higher

Electricity demand rose across major European markets during the week of November 17, driven by lower temperatures and a return to normal activity in some countries. Electricity consumption increased in all major European markets compared to the previous week. France posted the sharpest rise, with demand up by 31%, followed by Belgium and Great Britain,

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Montenegro poised to turn power deficit into surplus in 2026 as solar and wind capacity surge

Montenegro expects a significant jump in electricity production next year, with total output projected to reach 3,798 GWh in 2026—an increase of nearly 58 percent compared to the estimated results for 2025. This expansion is driven by the return of the Pljevlja thermal power plant to full operation following its environmental refurbishment, the steady growth

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Greece set to overshoot 2030 solar targets as installed capacity surges toward 20 GW

Greece is entering an exceptionally dynamic phase of solar expansion, with new data from the transmission system operator ADMIE indicating that photovoltaics will account for nearly all new generation capacity added in the coming years. Around 5,340 MW of solar projects are already under construction, while an additional 2.4 GW is expected to move forward

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Croatia: Heavy reliance on electricity imports exposes deep gaps in its renewable energy strategy

Croatia imported 29.6 percent of its electricity last month, relying largely on supplies from Hungary—a country that increasingly sees Croatia as a competitor for regional influence, energy transit leadership, and strategic positioning within both NATO and the European Union. This level of dependence raises questions about why a state would place such a significant portion

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Bosnia and Herzegovina: FBiH replenishes oil reserves for the first time in 30 years as Blažuj terminal becomes key energy hub

The Federation of Bosnia and Herzegovina (FBiH) has received 42 million liters of oil and gasoline by rail from the Ploče terminal, marking the first major replenishment of national oil reserves in more than thirty years. The shipment followed the completion of all required permits and a series of infrastructure upgrades at the Blažuj oil

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Serbia’s EPS stuck in the slow lane: Why the utility is failing to bring new power plants online

Serbia’s energy system is built on a paradox. The country urgently needs new electricity-generation facilities to secure supply, support industry, and accelerate the shift toward cleaner energy. Yet its dominant state-owned utility, Elektroprivreda Srbije (EPS), is delivering new projects slower than expected—or in some cases, not delivering them at all. While demand climbs and Serbia

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