Southeastern Europe is heading into the summer season with concerningly low water levels at its hydropower facilities, raising alarms about the potential for increased wholesale electricity prices in the near future. Hydropower reserves across the region are currently lower than they were at the same time last year. In Greece, for example, the available water […]
Slovenian households benefited from significantly lower electricity prices last year compared to the EU average, thanks largely to government intervention, according to an analysis by ELES, the national transmission system operator. In contrast, other consumer groups—particularly businesses—faced some of the highest electricity prices in the EU, despite having some of the lowest network fees. ELES
Greece is on track to achieve 1 GW of renewable energy capacity for self-consumption in 2025, with figures from the Green Tank showing 937.6 MW installed by the end of March. The majority of this capacity—871.9 MW—comes from solar photovoltaic systems. This growth follows a major policy shift in 2024, when the government replaced the
Greece nears 1 GW in renewable self-consumption, but challenges remain Read More »
The Bulgarian Parliament has approved two draft amendments to the Energy Act aimed at delaying the liberalization of the electricity market for household consumers. The proposals were introduced by Members of Parliament from the BSP – United Left and There Is Such a People (TISP) parties. Under the BSP – United Left amendment, the liberalization
Bulgaria: Parliament moves to delay electricity market liberalization for households Read More »
In Week 18 of 2025 (April 28–May 4), electricity prices across South East Europe (SEE) and Central Europe declined significantly, influenced by lower gas prices, reduced demand, and a surge in renewable power generation. Prices in all SEE countries fell below €80/MWh, with Türkiye recording the lowest average at €44.63/MWh, followed by Greece at €54.42/MWh.
Region: Electricity prices plunge across SEE and Central Europe in Week 18 of 2025 Read More »
Serbia is nearing the final stages of a major environmental upgrade at its Nikola Tesla B thermal power plant (TENT B), with over 96% of construction completed and all major equipment now installed, according to Minister of Mining and Energy Dubravka Đedović. The flue gas desulfurization project—valued at approximately €220 million—will implement advanced technology on
Serbia nears completion of desulfurization project at TENT B to curb emissions Read More »
North Macedonia’s day-ahead electricity exchange experienced robust growth in April 2025, with total traded volume reaching 110,255.4 MWh—representing a 90% increase compared to the same month last year, when 58,018 MWh were traded. According to market operator MEMO, the April volume was also up 13.6% from March, highlighting continued market expansion and strengthening liquidity. The
North Macedonia: Day-ahead power market sees strong growth in April 2025 Read More »
The average electricity price on Hungary’s day-ahead market (DAM), operated by the Hungarian Power Exchange (HUPX), fell significantly in April 2025. The average baseload price dropped to €85.46/MWh—22% lower than in March, when it stood at €108.90/MWh. The average peak price saw an even sharper decline, falling to €62.46/MWh, marking a 38% decrease compared to
Hungary: Electricity prices drop in April 2025 amid lower demand and market volatility Read More »
Greece’s Public Power Corporation (PPC) has launched the second phase of its major 490 MW solar power project in Megalopoli, marking a significant step in the country’s transition from coal to renewable energy. Located in southern Greece, the site was formerly home to one of the country’s key lignite mining operations, now being repurposed as
Greece: PPC advances 490 MW solar project at former Megalopoli coal site Read More »
Croatia’s state-owned power utility HEP has taken a key step toward expanding its renewable energy portfolio by submitting an application for an environmental impact assessment (EIA) for a proposed floating solar power plant. According to the Croatian Ministry of Environmental Protection, the plant would have an installed capacity of 12 megawatts (MW) and be located
