Clarion Owners Engineer, a leading Serbian engineering and consulting firm specializing in energy and industrial projects, has signed two significant new contracts with private investors to provide Owner’s Engineer (OE) and supervision of works services for major renewable energy...

Construction has commenced on a cutting-edge 150 MW wind park grid connection project in a high-altitude mountain region, with Clarion Owners Engineer overseeing the project as the Works Supervisor and Silver& Yellow FIDIC Engineer. This major renewable energy infrastructure...

Serbia is rapidly establishing itself as a key player in the production and export of heavy industrial equipment, mining machinery and steel for global markets. This growth is fueled by the country’s combination of strategic geographic positioning, skilled labor force, competitive costs and...

Serbia has embarked on a series of ambitious infrastructure projects aimed at transforming its economy, enhancing connectivity and improving its role as a regional transport and logistics hub. These projects, supported by both domestic investment and international financing, are...

Serbia is emerging as a critical player in Europe’s renewable energy transition, leveraging its strategic location in the Western Balkans, abundant natural resources and growing partnerships with foreign investors to establish itself as a green energy hub. As Europe...

State-owned power utility EPS has announced a delay in completing the draft environmental impact assessment (EIA) study for the Bistrica pump-storage hydropower plant project, citing recent changes in legislation as the primary reason. The study is being developed in line...

Belgrade is making strides toward adopting geothermal energy, following a collaboration between public utility Beogradske Toplane and the Faculty of Mining and Geology. Recent exploratory work has confirmed the promising potential for geothermal energy at several sites across the...

Elektroprivreda Srbije (EPS) has successfully completed the installation of the 20th and final wind turbine at its first-ever wind farm in Kostolac, finalizing a renewable energy project with a total capacity of 66 MW. In parallel, all solar panels have...

The Serbian Government has approved the creation of a new state-owned company, SPV Banatski Dvor, based in Novi Sad, to manage the expansion of the country’s only underground gas storage facility in Banatski Dvor. The expansion project, which is already...

Serbian oil company NIS is grappling with mounting challenges in securing crude oil from international suppliers, while facing a loss of domestic customers who are turning to alternative sources for fuel. The difficulties come as the company deals with...

In Week 16 of April 2025, Dutch gas prices saw a slight increase, despite the combination of warm temperatures and strong supply from Norway. TTF gas futures for contracts with delivery in May 2025 were slightly higher compared to...

During Week 16 of 2025, electricity prices in the Southeast European (SEE) countries dropped across the board, influenced by a decline in electricity demand. Solar energy production also increased in most of the analysed markets. The week started with prices...

In the third week of April, Brent oil futures for the Front Month on the ICE market continued to trade below $70 per barrel. The lowest settlement price was recorded on Tuesday, April 15, at $64.67 per barrel. However,...

During the third week of April, electricity prices in most major European markets dropped compared to the previous week. The largest declines were seen in the MIBEL market, which includes Portugal and Spain. Prices in Portugal fell by 59%,...

During the third week of April, electricity demand decreased across most major European markets. Spain saw the largest decline, with a 7.1% drop, followed by Germany at 4.3%, Belgium at 2.1%, Great Britain at 1.8%, and Italy at 0.9%....