electricity

Europe: Austria accused of violating EU electricity trade rules, driving up regional prices

Industry federations representing heavy electricity consumers in Greece (EVIKEN), Bulgaria (BFIEC), and Romania (ACER) have accused Austria of violating EU regulations by limiting electricity exports to southeastern European countries. This action has reportedly led to increased electricity prices in the region. In a letter to European Commission Vice-President Teresa Ribera, Energy Commissioner Dan Jorgensen, and […]

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Serbia: Electricity imports surge in 2024 amid rising demand and lower domestic generation

In 2024, Serbia experienced a notable increase in electricity consumption, coupled with a decline in domestic power generation, leading to a sharp rise in energy imports. Total electricity consumption, excluding internal use, reached 30.8 terawatt-hours (TWh), marking a 2.7% (0.8 TWh) increase compared to 2023. Among consumers, residential demand grew by 1.7%, while other low-voltage

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Region: Electricity prices surge and renewable generation shifts in SEE during Week 27 of 2025

In Week 27 of 2025, electricity market prices surged across all Southeast European (SEE) countries compared to the previous week, exceeding €100/MWh in most markets despite stable gas prices. The increase was driven by higher electricity demand due to a heatwave affecting Europe and a drop in wind energy production. Prices started the week around

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Europe: Electricity prices rise in early July amid higher demand and lower wind production

In the first week of July, average electricity prices increased across the main European markets compared to the previous week. The smallest increases were recorded in the MIBEL market of Portugal and Spain, and in the IPEX market of Italy, with price rises of 4.4%, 4.5%, and 4.7%, respectively. In contrast, the largest increases occurred

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Electricity demand rises across Europe in early July amid heatwave, set to decline as temperatures fall

In the first week of July, electricity demand increased across the main European markets compared to the previous week. The highest rise was recorded in Spain, where demand grew by 6.6%. Other notable increases were seen in Portugal with 6.1%, Belgium with 3.9%, and Italy with 3.8%. Germany registered a more modest increase of 0.8%.

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Romania: NEPI Rockcastle aims for 48% renewable electricity by 2026 with new 54 MW solar power plant

NEPI Rockcastle has unveiled ambitious plans to source 48% of the electricity consumed by its Romanian shopping centers from its own renewable energy installations by the end of 2026. At the heart of this initiative is a new 54.1 MW greenfield solar power plant located in Arad County, part of a larger €110 million investment

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Montenegro to offer state-backed premiums for 250 MW solar capacity in upcoming renewable energy auction

Montenegro plans to offer state-supported market premiums for 250 MW of solar power in its upcoming renewable energy auction. The government has established the necessary regulations to invite bids for solar projects with a minimum capacity of 400 kW. Successful bidders will be those who propose the lowest strike price, which is capped at 65

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North Macedonia mandates nationwide smart meter rollout with full coverage by 2035

North Macedonia’s Parliament approved a comprehensive Energy Law in May 2025 requiring the nationwide installation of smart electricity meters. The new law will eliminate estimated consumption billing, ensuring that household and business electricity bills reflect actual usage. The legislation sets ambitious targets: by 2031, 80% of citizens are to have smart meters installed, with full

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Bosnia and Herzegovina: Electricity imports quadruple in early 2025, net exports remain positive

According to Edhem Bicakcic from the national CIGRE committee, Bosnia and Herzegovina’s electricity imports in the first half of 2025 increased fourfold compared to the same period in 2024, reaching a cost of 163.5 million euros. Official data from the Independent System Operator and the Statistics Agency show that domestic electricity generation totaled 6.6 TWh

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