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Romania: OMV Petrom to invest 11 billion euros in next six years

OMV Petrom, the largest integrated energy producer in South-East Europe, continues to advance its activities and products in line with Strategy 2030, aimed at...

Montenegro to reach carbon neutrality by 2050 

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...

SEE region: Critisc on a new wave of gas projects

CEE Bankwatch Network has strongly criticised the European Commission and international development banks for their support for fossil fuel projects –specifically gas – in...

Hungary: Uniper to build 280MW solar portfolio

German company Uniper and its local partner Callis Zrt are developing a 280MW solar portfolio comprising six projects in Hungary. The projects have attained ready-to-build...

Latest news

Eastern SEE electricity prices remain near €300/MWh as falling renewable output boosts import dependence

Day-ahead electricity prices across Southeast Europe declined from Thursday’s extreme levels on 30 October, although markets in the eastern part of the region remained...

North Macedonia launches competitive guarantees of origin trading with first auction

North Macedonia has launched competitive trading of guarantees of origin (GOs), with electricity market operator MEMO completing the country’s first auction and establishing a...

Croatia’s Trtar-Krtolin wind farm to nearly triple capacity through 30 MW repowering and battery storage

Croatia’s Trtar-Krtolin wind farm is preparing a major repowering project that would increase the site’s installed capacity from 11.2 MW to 30 MW, while...

Montenegro and Italy step up preparations for electricity market coupling

Montenegro and Italy are advancing preparations for the integration of their wholesale electricity markets, although regulatory requirements mean coordinated trading is unlikely to begin...

Eastern SEE power prices hold near €300/MWh as weaker renewables drive higher imports

Day-ahead electricity prices across Southeast Europe eased from Thursday’s extreme levels on 30 October, but markets in the eastern part of the region remained...