SEE region: Average electricity...

In week 28, SEE electricity prices recorded an unprecedented increase compared to the...

Bulgaria: ICGB initiated binding...

The operator of the Greece-Bulgaria natural gas pipeline, ICGB, launched the binding phase...

Bulgaria: Bulgartransgaz chooses contractors...

Gas transmission operator Bulgartransgaz has successfully finalized the most important public procurement related...

Greece: The share of...

Greek gas-fired power plants are planned to contribute a total of 5.4 TWh...
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Romania heavily relies on electricity imports as NPP Cernavoda’s unit shuts down due to a malfunction

Romania imported electricity heavily over the weekend after one reactor of the Cernavoda nuclear plant was automatically disconnected from the electricity network on the evening of July 19 due to a malfunction in the classical part of the plant,...

Montenegro: EPCG profits 22 million euros from electricity exports in H1

Despite the unprecedented heat, EPCG provides sufficient amounts of electricity for significantly increased consumption. From January 1 to June 30, thanks to professional and responsible operations, EPCG earned 22,4 million euros based on the import/export of electricity. The tropical wave...

Bulgaria: Solar energy covers one-fifth of the electricity production

Solar power accounts for nearly 20% of the electricity currently produced in Bulgaria, while the total production from renewable energy sources is around one-third, according to data provided by the Electricity System Operator and the Independent Bulgarian Energy Exchange,...

Bulgaria: Solar energy covers one-fifth of the electricity production

Solar power accounts for nearly 20% of the electricity currently produced in Bulgaria, while the total production from renewable energy sources is around one-third, according to data provided by the Electricity System Operator and the Independent Bulgarian Energy Exchange,...

Romania: PPC borrows 200 million euros for distribution network upgrade

Rețele Electrice companies, part of the PPC Group, signed credit agreements worth RON 1 billion (EUR 200 million) with the European Bank for Reconstruction and Development (EBRD), Banca Transilvania, BCR, and ING Bank Romania, as part of a syndicated...
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Serbia: Refinery in Smederevo to be in line with the highest EU standards

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...

Serbia: JICA to join the RHPP Bistrica project

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)...

Serbia: Tender for revitalization of Vlasina hydropower plants to be concluded in summer

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...

Serbia: The average price on the day-ahead market reached 64.6 euros/MWh in April

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...

Serbia: New rules for the connections to transmission network

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...
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SEE region: Average electricity prices ranged between 140 and 178 euros/MWh in week 28

In week 28, SEE electricity prices recorded an unprecedented increase compared to the previous week of 40% on average. In the SEE region, the prices on energy exchanges surged in all the markets, due to record-high temperatures, the reduction...

SEE region: Eurohold launch 500-million-euro arbitration proceedings against Romania

Eurohold Bulgaria and Euroins Insurance Group AD have officially filed a request for arbitration against the government of Romania at the International Centre for Settlement of Investment Disputes in Washington. The claim is more than 500 million euros. The action...

Western Balkans: Alcazar receives 490 million USD to finance renewables

Luxembourg infrastructure fund Alcazar Energy Partners II has reached a final closing of US$490 million after successfully acquiring the project rights for its first two wind farms in the Western Balkans, totaling 456 MW. Since first closing in November 2022,...

Bulgaria: ICGB initiated binding faze for Greece- Bulgaria gas pipeline capacity expanding

The operator of the Greece-Bulgaria natural gas pipeline, ICGB, launched the binding phase of market testing for expanding the pipeline's capacity from 3 to 5 billion cubic metres annually. In collaboration with natural gas transmission system operators, ICGB has published...

Bulgaria: Bulgartransgaz chooses contractors for the Vertical Gas Corridor expansion

Gas transmission operator Bulgartransgaz has successfully finalized the most important public procurement related to the implementation of the Vertical Gas Corridor concept, the company said in a press release. This procurement covers spatial planning, investment design, procurement of necessary materials...
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Electricity & PowerTrade

Latest SEE energy news for region of South and South East Europe.

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Latest News

BiH: Electricity export halved to 4.1 TWh in H1

The physical volume of electricity exports from Bosnia and Herzegovina in the first half of 2024 amounted to 4.1 TWh, which is four percent...

Montenegro: EPCG profits 22 million euros from electricity exports in H1

Despite the unprecedented heat, EPCG provides sufficient amounts of electricity for significantly increased consumption. From January 1 to June 30, thanks to professional and...

Romania plans to install 5 GW of energy storage in next 2,5 years

Romania is aiming to have at least 2.5 GW of energy storage installed by the end of 2025 and to exceed 5 GW only...

Serbia: Functional tests of TPP Kostolac B3 to start before August

The functional tests of block B3 of the Thermal Power Plant Kostolac are expected to begin before August, to carry out guarantee tests, which...

Romania: A local company to build a 204 MW storage facility

A Romanian company plans to build and install an energy storage facility with an installed capacity of over 200 MW, local media reports.  The installation is...
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BiH: Electricity export halved to 4.1 TWh in H1

The physical volume of electricity exports from Bosnia and Herzegovina in the first half of 2024 amounted to 4.1 TWh, which is four percent...
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Bulgaria: Solar energy covers one-fifth of the electricity production

Solar power accounts for nearly 20% of the electricity currently produced in Bulgaria, while the total production from renewable energy sources is around one-third,...

Croatia: Local company seeks EIA for a 6 MW solar project in Vukovar

Electricity producer Solarne Elektrane Bukovica plans to build a solar park with an installed capacity of 5.99 MW in Vukovar, according to the economy...

Serbia: Public consultation for 350 MW hybrid project launched

Renewables developer CWP Europe plans to build a hybrid wind-solar park Vida in Serbia to add 350 MW of electricity production capacity in the...

Europe: Average price increase below 10% in week 29

According to AleaSoft Energy Forecasting, in the third week of July, prices in most major European electricity markets continued to rise compared to the...

Bulgaria: Solar energy covers one-fifth of the electricity production

Solar power accounts for nearly 20% of the electricity currently produced in Bulgaria, while the total production from renewable energy sources is around one-third,...

Albania: Verbund to build first wind park in Albania

Belinda Baluku, Albanian Minister of Infrastructure and Energy, announced that a contract was signed with the Austrian company "Verbund AG" for the construction of...

Serbia: Public consultation for 350 MW hybrid project launched

Renewables developer CWP Europe plans to build a hybrid wind-solar park Vida in Serbia to add 350 MW of electricity production capacity in the...

Greece: Jasper Wind secures financing for 41 MW projects

Independent power producer Jasper Wind SA will receive 63 million euros in debt financing for the construction of three wind parks with a combined...

Europe: Wind energy production decreased in week 29

According to AleaSoft Energy Forecasting, in the third week of July, wind energy production decreased in most major European electricity markets compared to the previous...

Greece: Jasper Wind secures financing for 41 MW projects

Independent power producer Jasper Wind SA will receive 63 million euros in debt financing for the construction of three wind parks with a combined...
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Slovenia: TEŠ and the Velenje coal mine could be closed before the planned deadline

Slovenian Prime Minister Robert Golob said that the coal-fired thermal power plant Šoštanj and its mine Velenje may end operations before the expected closure...

Bulgaria: Mini Maritsa Mines granted 125 million euros/year state aid

Bulgarian National Assembly agreed that the Council of Ministers provide from the state budget BGN 250 million (around 125 million euros) per year to...

Montenegro: Coal mine Pljevlja recorded 15 million euros profit in 2023

Montenegrin coal mine Pljevlja recorded a net profit of 15.2 million euros in 2023, which is significantly higher compared to 9.4 million euros profit...

Republic of Srpska: EFT received an environmental permit for a new surface mine

The Ministry of Spatial Planning, Construction and Ecology of the Republic of Srpska has issued an environmental permit for an open-pit mine for the...

BiH: RiTE Gacko recorded 18 times lower profit in 2023

RiTE Gacko recorded a net profit of 290,000 euros in 2023, which is 18 times lower compared to a profit of more than 5...

Montenegro is considering to resume production at the Berane coal mine

Montenegrin Energy Ministry plans to resume production at the idled Berane coal mine and will conduct an economic analysis as soon as possible to...
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SEE region: Average electricity prices ranged between 140 and 178 euros/MWh in week 28

In week 28, SEE electricity prices recorded an unprecedented increase compared to the previous...

SEE region: Eurohold launch 500-million-euro arbitration proceedings against Romania

Eurohold Bulgaria and Euroins Insurance Group AD have officially filed a request for arbitration...

Western Balkans: Alcazar receives 490 million USD to finance renewables

Luxembourg infrastructure fund Alcazar Energy Partners II has reached a final closing of US$490...

Bulgaria: ICGB initiated binding faze for Greece- Bulgaria gas pipeline capacity expanding

The operator of the Greece-Bulgaria natural gas pipeline, ICGB, launched the binding phase of...

Bulgaria: Bulgartransgaz chooses contractors for the Vertical Gas Corridor expansion

Gas transmission operator Bulgartransgaz has successfully finalized the most important public procurement related to...

Serbia: Refinery in Smederevo to be in line with the highest EU standards

Serbia’s Minister of Mining and Energy, Dubravka Đedović Handanović, recently finalized a framework agreement with “China...
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Bulgaria: EIB to support 800 MW pumped-storage HPPs

The European Investment Bank and Bulgaria’s national electricity company (NEK) signed an agreement for consultancy assistance in the preparation of a feasibility study for...

SEE region: Romania cautiously considers to build a new hydropower plant with Serbia

Romanian Ministry of Energy confirmed that the country could join Serbia as an equal partner in the project for a third hydropower plant on...

Romania considers to build a new hydropower plant with Serbia

Romanian Ministry of Energy confirmed that the country could join Serbia as an equal partner in the project for a third hydropower plant on...

Romania considers to build a new hydropower plant with Serbia

Romanian Ministry of Energy confirmed that the country could join Serbia as an equal partner in the project for a third hydropower plant on...

Romania: Hidroelectrica completed the acquisition of UCM Resita

Romanian company Hidroelectrica announces the successful completion of the transaction regarding the acquisition of the business of manufacturing and commercializing hydro units and auxiliary...
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Western Balkans: Alcazar receives 490 million USD to finance renewables

Luxembourg infrastructure fund Alcazar Energy Partners II has reached a final closing of US$490 million after successfully acquiring the project rights for its first...

Montenegro: Without consensus over the HPP Komarnica project

A protest camp to protect the Komarnica River is underway from May 1st to 5th. Located in the village of Duži near Šavnik, it...

Montenegro: Without consensus over the HPP Komarnica project

A protest camp to protect the Komarnica River is underway from May 1st to 5th. Located in the village of Duži near Šavnik, it...

Serbia: JICA to join the RHPP Bistrica project

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...

Romania: Retail investors place orders for 1.36 million euros Premier Energy shares on the first day of IPO

The 1,300 orders placed by the retail investors during the first day of the one-week IPO operated by natural gas and electricity utility Premier...
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Enabling Sustainability: Guarantees of Origin, Carbon Trading, CO2 Tax, and CBAM in Serbia

As the world grapples with the urgent need to combat climate change and transition to a low-carbon economy, countries are implementing various mechanisms to...

Powering Commerce: The Evolving Landscape of Electricity Trading in Serbia

Electricity trading plays a critical role in ensuring a reliable and efficient supply of electricity while promoting market competition and optimizing energy resources. In...

Illuminating the Future: The Advancement of Solar Projects in Serbia

In an era of increasing energy demand and environmental challenges, solar power has emerged as a vital pillar of sustainable energy generation. Serbia, with...

Steel Production and Outsourcing to Serbia: An Opportunity for Growth and Global Expansion

Steel production is a critical industry that forms the backbone of many economies worldwide. In recent years, Serbia has emerged as an attractive destination...

Harnessing the Wind: The Development of Wind Projects in Serbia

As the demand for clean and renewable energy sources continues to rise, the development of wind power projects has gained momentum worldwide. Serbia, with...
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