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Renewables lower SEE prices but increase the value of flexibility

Southeast Europe’s Week 24 electricity balance showed that renewables are now powerful enough to reshape regional prices, but not yet sufficient to remove the need for...

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SEE power prices remain above €200/MWh as falling wind output boosts import demand

Southeast European day-ahead electricity prices remained elevated on Sept. 25, as a sharp decline in wind generation tightened regional power balances and increased reliance...

Serbia begins documentation for €2.6 billion Đerdap 3 pumped storage

Contract for planning and technical documentation Serbia has started formal project-documentation work for the planned 1.8 GW Đerdap 3 pumped-storage plant, advancing one of Southeast...

Windey considers equity stake in Fintel’s 854 MW Maestrale Ring wind project

Windey is targeting an equity stake in Fintel’s 854 MW Serbian wind portfolio, according to a new strategic agreement. China’s Windey Energy is also...

Serbia draws on diesel reserves as NIS seeks new US operating licence

Oil company NIS has asked the U.S. Treasury for a new operating licence beyond Sept. 30. Serbia has started drawing on mandatory diesel reserves...

EPS to modernise 104 MW Bistrica hydropower plant with €65 million overhaul

Modernisation scope for EPS’s Bistrica plant Serbian state utility EPS is preparing a €65 million modernisation of the 104 MW Bistrica hydropower plant. The project...