Montenegro as a wind...

Montenegro is not the largest renewable market in Southeast Europe. It does not...

De-risking wind in Southeast...

From an Owner’s Engineer’s vantage point, Southeast Europe’s onshore wind market is entering...

Investor brief: How risk...

Investing in a wind park is fundamentally about converting a natural resource into...

The Balkan grid at...

As winter settles across South-East Europe, the region’s electricity landscape enters a season...
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HomeSEE Energy NewsBulgaria: TPP Maritsa...

Bulgaria: TPP Maritsa 3 recorded 4 million euros loss in first six months

Coal-fired thermal power plant Maritsa 3 reported a net loss of 3.9 million euros in the first half of 2023, compared to a profit of 3.7 million euros recorded in the same period in 2022.

At the same time, total revenues dropped to 5.7 million euros, compared to 6 million euros in the same period in 2022. Total expenditures reached 9 million euros, compared to 1.95 million euros in H1 2022.

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Montenegro as a wind investment gateway — low regulatory friction, euro currency, and strategic export potential

Montenegro is not the largest renewable market in Southeast Europe. It does not have Romania’s vast plains, Serbia’s gigawatt-scale ambition, or Croatia’s deep EU grid integration. And yet, Montenegro is emerging as one of the most strategic gateways for...

Balancing environmental, financing and long‑term liabilities

Beyond engineering and market risks, wind‑park investors must manage environmental and social impacts. Projects can face community opposition over noise, visual impact or ecological concerns. Early engagement with stakeholders, transparent communication and mitigation measures (such as wildlife monitoring) can...

Ensuring grid access, off‑taker reliability and technology resilience

Securing a reliable grid connection is fundamental to monetizing wind‑park output. Transmission constraints or curtailment policies can limit the ability to export electricity, eroding revenue. Investors should verify that grid agreements guarantee capacity and set out remedies for curtailment....
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