electricity

Bulgaria plans to finalize Kozloduy nuclear expansion contract by end of 2026

Energy Minister Zhecho Stankov announced that Bulgaria aims to sign a construction agreement for units 7 and 8 at the Kozloduy nuclear power plant by the end of 2026. If the project proceeds as planned, Bulgaria will become the first EU country to operate a Westinghouse AP1000 reactor. Minister Stankov said the contract is expected

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Bulgaria: IBEX day-ahead market sees slight monthly decline, yearly growth in May 2025

In May 2025, a total of 2,225,726.2 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), representing a 3.5% decrease compared to the previous month. The average daily traded volume in May was 71,797.6 MWh. However, the traded volume in May 2025 was 6.7% higher than in the

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Slovenia: HSE plans major expansion to boost renewable energy

Hydropower plants along the Sava river in Slovenia produced just over 1,000 GWh of electricity last year, accounting for slightly more than 20 percent of the country’s total electricity generation. However, this output represents only about one-third of the river’s full energy potential, indicating significant opportunities for further development. The HSE Group, Slovenia’s main electricity

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North Macedonia: Electricity trading day-ahead market rises 25% year-on-year in May 2025

In May 2025, the volume of electricity traded on North Macedonia’s day-ahead electricity exchange reached 86,321.1 MWh, which is approximately 25 percent higher than the 69,054 MWh recorded in the same month the previous year. However, the traded volume in May was 21.7 percent lower compared to the previous month. The electricity market operator MEMO

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Bosnia and Herzegovina: HPP Visegrad generates 113.76 GWh in April 2025, marking slight monthly decline but stronger yearly performance

A subsidiary of the power utility ERS, called Hidroelektrane na Drini, which operates the Visegrad hydropower plant, announced that the plant produced 113.76 GWh of electricity in April 2025. This is 5.4 percent less than the previous month, when electricity generation was 120.21 GWh. In April of the previous year, the plant produced 78.45 GWh

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Electrifying Europe’s industry: A path to competitiveness, resilience and sustainable growth

A recent analysis commissioned by Eurelectric indicates that moving toward electricity-based energy systems could revitalize Europe’s industrial competitiveness, reduce its dependence on fossil fuels, and boost economic growth. Electricity has already become a more efficient option than fossil fuels in some sectors, and its broader application in heavy industries could also be economically viable by

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Region: Southeastern Europe sees electricity price drops in Week 22 of 2025 amid increased renewables and lower fuel costs

In Week 22 of 2025, electricity market prices in Southeastern Europe (SEE) generally declined across all countries except Italy. This trend was mainly influenced by lower gas and CO2 prices combined with increased wind energy production. The week began with prices around €100 per megawatt-hour (MWh), which gradually fell below €100/MWh and ultimately dropped to

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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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