Power Markets

Montenegro: BSD Mont plans...

Montenegrin company BSD Mont has announced plans to build an 84 MW hybrid...

North Macedonia: Energy consumption...

In October 2024, North Macedonia's total electricity consumption reached 450,997 MWh, with natural...

Greece: ADMIE completes Athens-Crete...

Greek electricity transmission system operator ADMIE has completed the development of the Athens-Crete...

Bosnia and Herzegovina: Severe...

According to Bosnia's state-owned power utility, ERS, several power outages have affected over...
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Romania: Electricity distributor DEER to invest €100 million annually in network modernization

Mihaela Sucia, CEO of Distributie Energie Electrica Romania (DEER), announced that the company will invest approximately 100 million euros each year to modernize its...

Distributie Energie Electrica Romania (DEER) issues tender for 1.1 million smart meters

Distributie Energie Electrica Romania (DEER) has launched a public tender for the procurement of 1.1 million smart meters, with a maximum value of €74.3...

Romania: Electrica approved an investment budget of 177 million euros for DEER in 2024

The Board of Directors of the Electrica Group approved the consolidated value of the investment plan (CAPEX) for the year 2024, in the total...

Romania: Electrica reached 21 million euros profit in H1  

Romanian company Electrica reached a net profit of 21.4 million euros in the first half of 2023, compared to a loss of 35.5 million...

Romania: Distributie Energie Electrica Romania received 57 million euros from Modernization fond

  Electricity distribution network operator Distributie Energie Electrica Romania (DEER) received 57 million euros of non-refundable European financing through the Modernization Fund.  The amount represents...

Romania, EBRD said that it is considering providing a loan worth 49 million euros to DEER

The European Bank for Reconstruction and Development (EBRD) said that it is considering providing a loan worth 49 million euros to Romanian electricity distributor...
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