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Europe: Average CO2 emission rights futures price reached 85.3 euros/t in 2023

As for CO2 emission rights futures prices in the EEX market for the December reference contract, they increased in 2023 compared to the previous...

SEE region: Janaf signed new oil transport contract with NIS

Croatian oil pipeline operator Janaf has extended an agrement for crude oil transportation with Serbian oil and gas company NIS for an additional two...

Procurement and Contract Management: Key Responsibilities of an Owner’s Engineer

Procurement and contract management are crucial elements of project execution, and an owner’s engineer plays a significant role in overseeing these processes. Owners.engineer examines the importance of...

SEE region: EPS blames Rudnik Pljevlja for the termination of the coal supply contract

The contract between EPS and the Montenegrin coal mine was terminated because the company from Pljevlja did not deliver the promissory note, the means...

Romania: Candu Energy signed a USD 575 mln contract for works and equipment at NPP Cernavoda

Nuclearelectrica, the operator of nuclear plant Cernavoda, announced that it awarded to Candu Energy, an AtkinsRéalis company, and Canadian Commercial Corporation (CCC), a federal...

North Macedonia: Nomgas and DESFA signed supervision contract for gas interconnection

Macedonian natural gas transmission company Nomagas has signed a contract with its Greek counterpart DESFA for the supervision of the construction of the Macedonian...

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SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...