November 28, 2025
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Serbia: NIS prepares temporary shutdown of Pancevo refinery after US sanctions

The Pancevo oil refinery has begun preparations for a temporary shutdown after US Treasury sanctions imposed on NIS disrupted crude oil deliveries, the company...

Montenegro: Qair proposes new major solar investment near Nikšić

Qair Montenegro has submitted documentation for another large solar investment in the municipality of Nikšić, seeking environmental approval for a new photovoltaic plant with...

North Macedonia maintains full domestic electricity supply in September 2025

Electricity consumption in North Macedonia reached 373,518 MWh in September 2025, while natural gas use totaled 19.4 million cubic meters. Coal consumption amounted to...

Greece moves forward with long-delayed Mesochora hydropower plant

The Greek Ministry of Environment and Energy has confirmed that the long-delayed Mesochora hydropower plant in Trikala will finally advance, bringing an end to...

Europe: Gas prices slide as warm weather forecasts and Ukraine peace hopes hit the market

European natural gas futures fell below €31/MWh in the third week of November 2025, as forecasts pointed to milder weather and optimism grew around...

SEE electricity markets diverge: Prices ease, demand rises, wind power soars

During Week 47 of 2025, electricity prices in Southeast Europe (SEE) declined moderately across most markets compared to Week 46, largely due to falling...
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Europe: Brent falls to one-month low as peace talks pressure oil and gas markets

Brent crude futures for the Front Month on the ICE exchange hit their weekly peak of $64.89/bbl on Tuesday, November 18, before shifting into...

Europe: Electricity prices surge in mid-November as demand rises and renewable output falls

In the third week of November, average electricity prices rose across all major European power markets compared to the previous week. Italy’s IPEX market...

European power demand surges as cold weather drives consumption higher

Electricity demand rose across major European markets during the week of November 17, driven by lower temperatures and a return to normal activity in...

Europe: Solar and wind output shifts sharply in November

During the week of November 17, solar photovoltaic generation increased across most major European markets compared to the previous week. The strongest growth occurred...
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