Global power demand is set to grow by more than 3.5% per year on average over the rest of this decade, with electricity generation from renewables, natural gas and nuclear all expanding to keep pace, according to a new IEA report. Electricity 2026, out today, is the IEA’s annual report on global electricity systems and […]
EU gas and electricity markets in the second quarter of 2025 saw a further return to more stable and predictable levels, according to the new quarterly reports for both markets published today. Wholesale gas prices seemed to turn the corner, declining for the first time since early 2024, as LNG imports surged. At the same […]
A greater degree of interconnection of the Romanian electricity grid with the others, but also with the grids of other EU states, would have reduced by at least a quarter the prices of spot electricity in the evening peak hours in Romania in the summer of 2024, according to a recent study by ACER, the […]
The Bulgarian Ministry of Energy has launched a public consultation on a new round of its subsidy program for battery energy storage projects, aimed at facilitating the integration of renewable energy sources. The plan aims to support the implementation of a new battery storage capacity of 1.9 GWh, with funding of approximately EUR 118 million. […]
Electricity consumption decreased slightly in the first half of the year, but production decreased significantly, so the system was on imports, which was not small at all – one MWh out of five consumed in Romania came from the networks of our neighbors “Analyzing the evolution of the components of the energy balance, in the […]
Final electricity consumption increased by 1.3%, but production fell by 10% in the first five months of the year, according to data from the National Institute of Statistics (INS). Energy imports increased by 67%. Electricity production in the first five months of the year was 10% lower than in the same period in 2024, recording […]
EU gas and electricity markets from January to March 2025 proved their continued resilience as they ensured stable and secure energy supplies with important milestones on both markets. For electricity, while the wind sector and hydropower faced unfavourable conditions, solar power generation reached 45 TWh, a record level for the first quarter – some 30% higher […]
PPC Energie, one of the largest electricity suppliers to the population, has launched a competitive offer with a significantly lower price. Anyone can request it. PPC launched today a new standard offer for the supply of electricity, called PPC Energie Verde, with applicability from July 1, according to data from ANRE’s offer comparator. The price […]
The conference on energy affordability held by the European Economic and Social Committee (EESC) and the European Commission stressed the need for the active participation of as much of the population as possible. Households, vulnerable citizens and SMEs, including those in rural areas, must become the primary players in the energy transition. The EU must be […]
Energy market reform is taking a major step forward in Egypt as the government approves the first bilateral power purchase agreements between private generators and consumers. As part of a pilot of the private-to-private (P2P) rules, developed with technical support from the EBRD to the Egyptian Electric Utility and Consumer Protection Regulatory Agency (Egypt ERA) […]
Energy Minister Sebastian Burduja said it is “a false myth” that Romania is a major producer of electricity, given that it is unable to meet its peak consumption from domestic production and must rely on imports. “The problem, however, is that Romania cannot cover its peak consumption from its own production. We need to explain […]
Paris has secured Berlin’s approval to remove anti-nuclear provisions from EU law, officials quoted by the Financial Times say. Germany has dropped its long-standing opposition to nuclear power, the first concrete sign of rapprochement with France by Berlin’s new government, led by conservative Chancellor Friedrich Merz, the Financial Times reported. Berlin has told Paris it […]
Romania has successfully overcome the most difficult period for the National Energy System (SEN) – the first and second days of Easter, everything being managed impeccably both in terms of balance and voltages in the electrical transmission and distribution networks, announced the Minister of Energy, Sebastian Burduja. ‘Beyond the headlines that announced the apocalypse and […]
EU gas and electricity markets in the fourth quarter of 2024 proved their resilience further by ensuring stable and secure energy supplies, strengthening market integration and continuing the increase in the share of renewables, while keeping prices in check, according to the new quarterly reports for both markets published today. Looking at the markets from […]
