The Single Day-Ahead Coupling area split its hourly units into 15-minute intervals for electricity trading. The change, affecting most European markets, is aimed at enhancing the integration of renewables by making flexibility and balancing more efficient. After delays and intensive testing, the European wholesale electricity market switched to a 15-minute market time unit (MTU) from […]
Montenegro has received applications for building solar power plants and wind farms with a total capacity of 5.5 GW, Admir Šahmanović, the Minister of Energy and Mining, said at Belgrade Energy Forum 2025. Montenegrin Minister of Energy and Mining Admir Šahmanović said the country has made significant progress in shaping its regulatory framework. Montenegro has […]
Four participants registered last month at the Independent Bulgarian Energy Exchange’s guarantees of origin platform, creating a national market. Separately, IBEX is preparing to roll out a 15-minute market time unit in the Single Day-Ahead Coupling on June 11 with other European nominated electricity market operators. The Independent Bulgarian Energy Exchange (IBEX) said it launched […]
Electricity generation in solar and nuclear power plants, combined with higher temperatures, lowered the price of electricity in Europe in March by almost 30% on a monthly basis, according to Eurelectric’s data. Photovoltaics broke the record in power generation in March for the third consecutive month, Eurelectric said, adding that they accounted for more than […]