According to AleaSoft Energy Forecasting, in the third week of May, prices in most major European electricity markets registered an upward trend between Tuesday, May 14, and Friday, May 17, reaching the highest daily price of the week on that day. However, this peak was lower than the previous week’s peak. Despite the aforementioned upward […]
Europe: Electricity prices ranged from 13 to 96 euros/MWh in week 19 Read More »
AleaSoft Energy Forecasting reports that in the week of May 13, wind energy production increased in most major European markets compared to the previous week, reversing the downward trend of the previous week. Increases ranged from 14% in the Spanish market to 224% in the German market. The exceptions were the Italian and French markets, which
Europe: Wind energy production increased in week 19 Read More »
In week 19, electricity prices in SEE region increased compared to the previous week, by 25% in average, due to the higher electricity demand, the drop in wind energy production and the increase of CO2 emission right futures. Most markets reached the highest on Monday May 6 and then fell back over the course of the week.
SEE region: Electricity prices ranged between 66 and 91 euros euros/MWh in week 19 Read More »
In the first three months of 2024, EBITDA at the Electrica Group level increased by 170 percent, reaching RON 400.8 million (80.5 million euros), compared to RON 148.7 million (29.9 million euros) achieved in the first three months of 2023. The EBITDA growth was mainly driven by the operational performance of the distribution segment on
Romania: Electrica reports net profit of 25,6 million euros in Q1 Read More »
Hidroelectrica records a decrease in operational and financial results for the first three months of 2024 compared to the same period in 2023, in line with the approved budget. Hiroelectrica’s operating margin and net margin decreased by 2 percent and 1 percent, respectively, compared to the same period in 2023, mainly due to the decrease
Romania: Hidroelectrica’s net profit reached 265 million euros in Q1 Read More »
Electricity consumption in Romania in the first quarter of 2024 amounted to 12.9 TWh, which is 1% more compared to the same period in 2023, according to the data published by the National Institute for Statistics. Industrial electricity consumption reached 9.78 TWh, which is 1% more compared to last year. Household electricity consumption amounted to
Romania: Electricity production reached 15.4 TWh in Q1 Read More »
Net electricity generation in Croatia in March 2024 amounted to 1,457 GWh, which is 13.4% lower compared to March last year (1,682 GWh), according to the data by the Bureau of Statistics. In March, 782 GWh of electricity or 53.7% was produced in hydropower plants, 310 GWh or 21.3% was produced in thermal power plants,
Croatia: Net electricity production amounted to 1.5 TWh in March Read More »
A German-Austrian joint venture SENS LSG has connected two solar parks with a combined capacity of 141 MWp to the electricity network. The solar parks, one of 91 MWp and the other of 50 MWp are located in the municipality of Dalgo Pole, where they join SENS LSG’s previously executed project. SENS LSG is a
Bulgaria: SENS LSG connected 141 Mwp solar projects to the grid Read More »
Hydropower plant Višegrad produced 77.77 GWh of electricity in April 2024, which is 24.5% lower compared to the previous month, when electricity generation amounted to 102.97 GWh. HPP generated 376.86 GWh of electricity so far in 2024. In April 223, the hydropower plant produced 125.3 GWh of electricity. HPP Visegrad produced 1,224 GWh of electricity
BiH: HPP Višegrad produced 77.8 GWh in April Read More »
The Montenegro Power Utility (EPCG) is set to kick off construction of the Gvozd wind farm in July, with plans also in motion for Gvozd 2, a 30-megawatt (MW) expansion, as announced by Milutin Đukanović, the president of the Board of Directors of the state-owned power company. “Based on our projections, construction was slated to commence a year ago. Unfortunately,
Montenegro: EPCG to launch construction of the Gvozd wind farm in July Read More »
