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Bulgaria’s Maritsa East 2 Power Plant to Initiate Biomass Fuel Pilot

The Maritsa East 2 power plant, Bulgaria’s largest coal-based facility, is set to embark on a significant transition by incorporating biomass into its fuel...

Romania to permanently close Isalnita coal-fired power plant in January 2026

Romania’s Ministry of Energy has announced that the coal-fired Isalnita thermal power plant in Dolj county will be permanently shut down on 1 January...

Montenegro: EPCG reports setbacks in Pljevlja Thermal Power Plant reconstruction, projects measures to avoid delays

Montenegro’s state-owned power company EPCG has reported that the environmental reconstruction of the Pljevlja coal-fired thermal power plant has faced certain deficiencies and irregularities,...

Bulgaria: Maritsa East 2 coal plant posts €51.5 million loss in 2024 amid falling prices and regulatory support

State-owned coal-fired thermal power plant Maritsa East 2 experienced a loss of 51.5 million euros in 2024, a significant downturn compared to a profit...

Slovenia: Šoštanj coal plant shifts focus to district heating amid plans for phase-out

Slovenia’s last remaining coal-fired power plant, Šoštanj, has shifted its focus in 2025 to prioritize district heating over electricity generation. Although extensive refurbishment of...

Serbia grants operating license for new 350 MW unit at Kostolac coal power plant

The Serbian Ministry of Construction, Transport and Infrastructure has issued an operating license for the new B3 unit at the Kostolac coal-fired thermal power...

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Electricity and carbon costs reshape SEE industrial export economics

Analysis developed by Virtu.Energy Banks financing manufacturers across Southeast Europe increasingly need to assess whether borrowers can preserve their EU export margins after electricity costs, embedded...

ETS and CBAM reshape SEE electricity trade as carbon costs squeeze export margins

Analysis developed by Virtu.Energy Electricity producers, traders and banks across Southeast Europe are facing a growing gap between prices available on neighbouring EU electricity exchanges and...

Croatia amends Electricity Market Act to expand aggregation, grid studies, and connection rights

Croatia’s amended Electricity Market Act entered into force on October 15, 2026, introducing changes that go beyond conventional electricity-market reform. The legislation reshapes the...

Boron One Piskanja boron project valuation rises to €569m in updated assessment

Canadian mining company Boron One Holdings has raised the projected economic value of its Piskanja boron project in southern Serbia to approximately €569 million....

SEE electricity prices surge as wind generation drops and Serbia becomes the region’s most expensive market

Southeast European day-ahead electricity prices rose sharply on Friday, with Serbia emerging as the region’s most expensive market as weaker wind generation, higher cross-border...