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Montenegro sets stage for Q3 2022 day-ahead market launchPhoto: Roman Peklaj

Montenegro sets stage for Q3 2022 day-ahead market launch

October 20, 2021 | Tanja Srnovršnik
Electricity

Montenegro plans to launch its day-ahead power market in Q3 2022, said the country's power exchange company Mepx on Wednesday, after signing a service agreement with the Epex Spot and Slovenian BSP exchanges....


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Croatia to allocate 2.2 GW of solar and wind at auctions – data firmPhoto: Roman Peklaj

Croatia to allocate 2.2 GW of solar and wind at auctions – data firm

October 20, 2021 | Tanja Srnovršnik
Renewables | Energy policy

Renewable auctions should help Croatia increase its installed renewable power capacity, excluding hydropower, from 1 GW in 2020 to 3.2 GW in 2030, said data and analytics company GlobalData on Wednesday....


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Steag to build 480 MW of solar capacity in GreecePhoto: Energetika.NET

Steag to build 480 MW of solar capacity in Greece

October 20, 2021 | Christian Driessen, Montel
Renewables

German utility Steag plans to build 480 MW of solar generation capacity in Greece in 2022, the company said on Wednesday....


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No clarity on winter gas risk before late December – SEBPhoto: Roman Peklaj

No clarity on winter gas risk before late December – SEB

October 20, 2021 | Nathan Witkop, Montel

Clarity on whether European gas prices would retreat from elevated levels or “go ballistic” this winter was unlikely to emerge before late December – even with more Russian supplies, SEB bank analysts said on Tuesday....


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High energy prices wake-up call for future rises – expertPhoto: arhiv ACER

High energy prices wake-up call for future rises – expert

October 20, 2021 | Siobhan Hall, Montel
Electricity | Renewables | Energy policy

Current high energy prices were unrelated to EU climate policies but could be a wake-up call to prepare for structurally higher prices, according to a former senior EU energy regulator....


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Carbon to average EUR 67 in Q4, EUR 60 in H1 – RefinitivPhoto: Roman Peklaj

Carbon to average EUR 67 in Q4, EUR 60 in H1 – Refinitiv

October 19, 2021 | Enza Tedesco, Montel
Energy policy | CO2 emissions

European carbon prices are expected to average EUR 67/t in the fourth quarter and EUR 60/t in the first half of next year, said Refinitiv analysts on Tuesday....


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Carbon tumbles through 2-month lowPhoto: Pixabay

Carbon tumbles through 2-month low

October 19, 2021 | Nathan Witkop, Montel
Coal | CO2 emissions

European carbon prices reached their lowest levels in two months on Tuesday as observers noted mounting pressure from technical indicators and calls to ease back from climate measures....


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SEE spot prices to climb on soaring gas – EQPhoto: ACER

SEE spot prices to climb on soaring gas – EQ

October 19, 2021 | Tanja Srnovršnik
Electricity

Soaring gas prices should push average south-east European (SEE) spot power prices up by an additional EUR 10-15/MWh this week, to over EUR 212/MWh, according to Montel’s Energy Quantified (EQ) data....


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Front-month gas contract falls but supply concerns curb lossesPhoto: Roman Peklaj

Front-month gas contract falls but supply concerns curb losses

October 19, 2021 | Kelly Paul, Montel

The European front-month gas contract continued to lose ground on Tuesday amid widespread profit-taking, with the sell-off beginning late yesterday, although lingering supply concerns prevented sharper losses....


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Europe set to exit coal “very soon” after 2030 – EC analystPhoto: Boštjan Krajnc

Europe set to exit coal “very soon” after 2030 – EC analyst

October 19, 2021 | Andreas Lochner, Montel
Electricity | Coal | Energy policy

Europe was set to see an exit from coal-fired generation “very soon” after 2030 in order to reach the bloc’s climate goals, said an analyst with the European Commission on Tuesday....


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