Spot prices at OPCOM reached record levels – Romania, 27 January 2017

The electricity sold on Romanian spot market has reached record values of over 133 euros/MWh in the past few days (24 – 26 January), which is twice as much as in the beginning of 2017. However, rather small quantities of electricity are traded at Romania’s spot market, since the majority of electricity produced in Romania […]

Gas reserves at gas storage Okoli at very low level – Croatia, 27 January 2017

The reserves of natural gas at Croatian underground gas storage Okoli are at very low level, namely it is only 38 % full at the moment. The last time storage was at this level was 20 years ago, in 1997. During January, maximum gas withdrawal rate was reached in 18 days, while last year maximum […]

DERK approved long-term transmission network development plan – Bosnia and Herzegovina, 27 January 2017

State Energy Regulatory Commission of Bosnia and Herzegovina (DERK) has approved the long-term development plan for the transmission network for the period 2017-2024. The document, prepared by the transmission company Elektroprijenos BiH, whose audit was performed by the Independent System Operator (NOSBiH), defines the required upgrade of existing and the construction of new transmission facilities […]