electricity

EPS doubles its profit in Q1

The Board of Directors of Elektroprivreda Srbije (EPS) Joint Stock Company adopted the Report on the three-year business plan implementation for the first quarter of 2024, revealing that the company’s profit reached 28.3 billion dinars. This figure is twice as high as projected, EPS announced today. The profit marks a five percent increase compared to […]

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North Macedonia: Net electricity production fell to 428 GWh in March

Gross electricity production in North Macedonia decreased by an annual 35.3% in March 2024, to 455,607 MWh, according to the data published by the statistical office Makstat. In the same period, net electricity generation fell to 427,947 MWh from 661,657 MWh in March 2023. Thermal power plants contributed the largest portion of gross electricity production, but their production

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FBiH: EPBiH proposes linear electricity price hike

Power utility Elektroprivreda BiH has proposed a linear increase in electricity prices to the Regulatory Commission for Energy (FERK) after the regulator declined an earlier proposal for the introduction of tiered electricity pricing. Following the review of the rejected price model, EPBiH has proposed a linear increase of 10% for households and an 8.1% increase for other types of

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Europe: Average weekly electricity prices ranged from 25 to 96 euros/MWh

According to AleaSoft Energy Forecasting, in the fourth week of May, prices in most major European electricity markets increased between Monday, May 20, and Friday, May 24. Although prices fell over the weekend, the weekly averages of all analyzed markets rose compared to the previous week. The Nord Pool market of the Nordic countries reached the highest percentage

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SEE region: Electricity prices ranged between 64 and 96 euros/MWh in week 20

In week 20, SEE electricity prices increased compared to week 19 by 15% on average, due to a drop in wind production and higher gas prices. In the SEE region, electricity prices soared in all markets, except Hungary. Greece and Bulgaria registered the highest percentage increases by 26% and 24% respectively compared to the previous

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