November 21, 2024
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Europe: Geopolitical tensions drive gas prices to yearly highs

Rising geopolitical tensions significantly impacted global gas prices, with European gas futures reaching their highest levels in nearly a year. This surge was mainly...

Electricity market trends in Southeast Europe: Week 46, 2024

In Week 46 of 2024, electricity prices in Southeast Europe (SEE) surged compared to the previous week (Week 45). The increase in electricity demand...

Slovenia: Krško nuclear power plant exceeds October 2024 electricity production targets

In October 2024, the Krško nuclear power plant, jointly owned by Slovenia and Croatia, generated 520,450 MWh of net electricity, exceeding its planned output...

Romania: Electrica Group reports 38% drop in profit amid supply segment losses and market challenges

Electrica Group reported a net profit of €61.6 million for the first nine months of 2024, a 38% decrease compared to the €100 million...

Romania: Rompetrol Rafinare reports $66.7 million net loss in 2024 amid operational and market challenges

Rompetrol Rafinare, a member of the KMG International Group, reported a higher consolidated net loss of $66.7 million for the first nine months of...

Romania: CCE Holding launches largest solar power plant in Europe

Last week, CCE Holding commissioned its largest solar power plant in Europe to date: a 40 MW facility in northwestern Romania, marking a major...

Greece: New 877 MW gas-fired power plant in Komotini set for trial operations

A new gas-fired power plant in Komotini, northeastern Greece, co-developed by GEK-Terna and the oil refiner Motor Oil, is preparing to begin trial operations...

Bosnia and Herzegovina secures €103 million loan for Poklecani wind farm construction

The Council of Ministers of Bosnia and Herzegovina has approved a loan of 103 million euros from the European Investment Bank (EIB) to support...

Europe: Fluctuations in oil, gas and CO2 prices in the second week of November

In the second week of November, Brent oil futures for the Front Month in the ICE market experienced fluctuations, starting with a 2.8% decline...

Europe sees price declines in most electricity markets, except Italy

In the second week of November, average electricity prices fell in most major European markets compared to the previous week, with Italy’s IPEX market...
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