In Week 39 of 2024, electricity prices across the Southeast European (SEE) market continued their downward trend compared to Week 38. Contributing factors to this decline included reduced average prices for gas and CO2 emission allowances, alongside a decrease...

Tsanko Bachiyski, head of the Bulgarian Nuclear Regulatory Agency (BNRA), announced that Unit 6 of the Kozloduy Nuclear Power Plant will be shut down for refueling and scheduled repairs on October 18. The shutdown comes in response to previous...

In the week of September 30, solar photovoltaic energy production saw a decrease across most major European electricity markets compared to the previous week. The German market experienced the largest drop, with a decline of 21%. Italy and Portugal...

The European Bank for Reconstruction and Development (EBRD) is considering a loan of up to 18 million euros for the construction of a new 110 kV Herceg Novi - Vilusi overhead transmission line in southwestern Montenegro, along with associated...

The new coal-fired unit at the Kostolac power plant in Serbia, expected to be operational in March or April this year, is set to become the country’s first new energy production facility in nearly 40 years, according to a...

Investors looking to establish industrial facilities in Serbia must prepare a range of environmental and technical studies to comply with national regulations. These studies are essential for obtaining necessary permits and ensuring alignment with Serbia's environmental protection and industrial...

In Serbia, the technical control of the Preliminary Design (PGD) is a mandatory process dictated by the Law on Planning and Construction. This procedure ensures that all project documentation meets both national and international standards, thereby minimizing risks and...

Serbian Prime Minister Miloš Vučević announced that following a meeting with North Macedonian counterpart Hristijan Mickoski, the two governments have signed a Memorandum to jointly construct a 70-kilometer gas pipeline. This pipeline will have an annual capacity of 14...

Dušan Živković, General Director of Serbia's state-owned power utility, EPS, announced that the new B3 unit at the Kostolac B thermal power plant successfully passed tests on October 6. The utility is now in the process of conducting warranty...

The Serbian Ministry of Mining and Energy is currently assessing three capacity options for the Djerdap 3 pump-storage hydropower project, with the feasibility study nearing completion. Veljko Kovacevic, State Secretary at the Ministry, stated that an additional component, a...

In the week ending October 4, Brent oil futures in the ICE market experienced notable fluctuations. The Front Month futures hit a weekly low of $71.77 per barrel on September 30 before rebounding to a high of $78.05 per...

In the first week of October, average electricity prices rose across most major European markets compared to the previous week, with the notable exception of the UK’s N2EX market, which experienced a 2.0% decline. The Italian IPEX market recorded...

During the week of September 30, electricity demand rose across most major European electricity markets compared to the previous week. The French and Portuguese markets saw the largest increases, with demand growing by 5.0% and 4.6%, respectively. Other markets,...

In the week of September 30, solar photovoltaic energy production saw a decrease across most major European electricity markets compared to the previous week. The German market experienced the largest drop, with a decline of 21%. Italy and Portugal...

Serbian Prime Minister Miloš Vučević announced that following a meeting with North Macedonian counterpart Hristijan Mickoski, the two governments have signed a Memorandum to jointly construct a 70-kilometer gas pipeline. This pipeline will have an annual capacity of 14...