Renewable energy became the main price-forming factor in Southeast Europe during Week 24, even as electricity demand rose for the summer period. Across the analysed markets, combined wind and solar generation increased to 3.64 TWh, up 518.6 GWh or 16.6% week on week. The increase was large enough to offset the effect of higher seasonal consumption, with demand failing to push electricity prices higher.
Wind and solar generation rise across the region
Wind power contributed most to the renewable increase. Regional wind generation rose by 308.4 GWh, or 28.1%, reaching 1.40 TWh, while solar generation added 210.2 GWh, or 10.4%, to reach 2.23 TWh. Together, wind and solar provided a larger share of the regional generation mix during the early summer demand season.
The largest variable renewable gains were recorded in Türkiye and Serbia. Türkiye logged a 67.1% increase in variable renewable generation, driven largely by a sharp recovery in wind output. Serbia saw renewable generation rise by 76.8% week on week.
Several other markets also posted increases in variable renewable output, including Hungary (+21.2%), Bulgaria (+12.8%), Romania (+6.1%) and Italy (+6.1%). Greece recorded a smaller overall increase of 1.9%, with solar up 22.8%
