Montenegro–Italy electricity market coupling:...

Electricity market coupling between Montenegro and Italy marks a structural break in the...

How SEE electricity spreads...

Serbia’s industrial competitiveness is increasingly shaped not by domestic conditions alone but by...

Regional power-flow shifts after...

The shutdown of Pljevlja transforms Montenegro’s internal energy balance, but its implications extend...

Private wind producers in...

Montenegro’s power system is undergoing a quiet reordering of influence. Where state hydro...
Supported byClarion Energy
HomeSEE Energy NewsRegion, EU will...

Region, EU will invest 240 billion euros in its electricity transmission network

Preparing for the complete rejection of Russian natural gas, the European Union will invest 240 billion euros in its electricity transmission network by 2040 through 141 projects. This includes interconnectivity with non-member states, which is the case with Croatia and its neighbors – Serbia and Bosnia and Herzegovina (BiH).

The EU list includes the project for 400 kV transmission line Ernestinovo-Sombor between Croatia and Serbia and 400 kV transmission line Lika-Banja Luka between Croatia and BiH.

According to the plan, presented by the European Network of Transmission System Operators for Electricity (ENTSO-E), the capacity of power transmission lines in Europe would be increased by 142 GW with 43,000 kilometers of new transmission lines added.

The idea behind the plan is to help connect the growing number of producers of solar and wind power to the electricity network, as part of a larger strategy to reduce natural gas as a fuel used in power plants or for heating. This is also in line with the so-called European Green Deal which aims to cut EU’s carbon dioxide emissions by 14 tons per year by 2030.

The plan should reduce gas-fired electricity generation in the EU by 9 TWh by 2030, and by 75 TWh by 2040, equivalent to 14 % of the EU’s gas- based electricity generation in 2021.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Montenegro–Italy electricity market coupling: Reshaping Southeast Europe’s power market to 2040

Electricity market coupling between Montenegro and Italy marks a structural break in the evolution of Southeast Europe’s power market. It is not simply a bilateral integration exercise or a technical extension of an existing submarine cable. It represents the...

How SEE electricity spreads shape Serbia’s industrial margins: A 2026–2030 competitiveness map

Serbia’s industrial competitiveness is increasingly shaped not by domestic conditions alone but by regional electricity spreads across Southeast Europe. The price difference between Hungary’s HUPX, Romania’s OPCOM, Bulgaria’s IBEX, Greece’s ADEX and Serbia’s SEEPEX sets the backdrop against which...

Regional power-flow shifts after the Pljevlja shutdown: Montenegro in a rewired Balkan energy landscape

The shutdown of Pljevlja transforms Montenegro’s internal energy balance, but its implications extend beyond national borders. In the interconnected Balkan power system, every addition or removal of a major unit reshapes flows, congestion points, trade patterns and price correlations....
Supported byVirtu Energy
error: Content is protected !!