In week 18 of electricity prices in Europe decreased compared to week 17 by 26% on average, due to the fall in demand, a decrease in the average gas price and the increase in wind energy production in most...

Montenegro’s goal is to reduce greenhouse gas emissions by 55% by 2030 at the latest, and that its long-term objective is to achieve carbon neutrality by 2050, Minister of Energy and Mining Saša Mujović said at Belgrade Energy Forum.  He estimated...

According to AleaSoft Energy Forecasting, for CO2 emission allowances futures in the EEX market for the reference contract of December 2024, settlement prices remained above €70/t during the second week of May. On Tuesday, May 7, these futures reached...

The Government of the Federation of Bosnia and Herzegovina adopted a conclusion on the implementation of measures for a just transition in FBiH in areas where active coal production is ongoing. The conclusion states that the government expresses full commitment to the...

Renewables company Voltalia said its Karavasta Solar Polar Power Plant in Albania delivered 45 GWh of electricity in the first quarter of 2024. Revenues generation at a high price for the power plant of Karavasta, and the indexation of selling...

Serbia’s Minister of Mining and Energy, Dubravka Đedović Handanović, recently finalized a framework agreement with “China Energy International Group” to construct an oil processing plant in Smederevo, aimed at producing derivatives in line with EU standards. This development has sparked discussions regarding the...

Minister Dubravka Đedović Handanović from the Ministry of Mining and Energy held discussions today with Masahiro Ueki, the chief representative of the Japan International Cooperation Agency (JICA) office in the Balkans, focusing on the financing and construction of the reversible hydropower plant (RHE)...

During the upcoming summer months, the tender process for the reconstruction of the Vlasina Hydro Power Plants is expected to conclude, along with the finalization of contracts for the execution of works, partly financed by the European Bank for Reconstruction and Development...

Traded volume on the day-ahead market on the Serbian energy exchange SEEPEX reached 472,018.6 MWh in April 2024, which is a 15.6% increase compared to the previous month, with an average of 15,733.9 MWh/day. Traded volume in April was...

After months of ironing out the details, Serbia has started applying new legislation that regulates the procedure for connection to the national power grid. Specifically, the transmission system operator, Elektromreža Srbije (EMS), has acted on renewable energy investors’ requests...

This includes all of Neoen's projects in the early stages of development: wind power projects, solar power projects, as well as battery energy storage system (BESS) projects. Neoen has been present in Croatia since mid-2020, while Statkraft started its operations...

Greek gas-fired power plants are planned to contribute a total of 5.4 TWh to the energy mix in 2030, down from 19 TWh in 2022, a 72 percent reduction that will be unavoidable as a result of the influx...

BSOG, which launched natural gas extraction in the Midia perimeter in Romania’s shallow Black Sea waters (MGD Project), decided to go ahead with its offshore wind project in the same place after completing the feasibility study.  BSOG and its partners...

The retail investors placed orders for 47 million shares of Premier Energy during the first three days of the one-week IPO carried out by the natural gas and electricity utility company – more than six times the 7.5 million...

ENNA Opskrba and CROPEX announce Guarantees of Origin (GoOs) auctions which will be held on May 20, 2024. On announced auctions GoOs from biomass, biogas and wind will be sold. ENNA Opskrba will sell a total of 56,661 Guarantees of Origin...