Romania’s Energy Ministry has proposed keeping mandatory forward electricity-trading requirements in place through 2027, then ending them on December 31. The change could affect exchange-listed hedging volumes and procurement choices for utilities and traders.
OFAC has authorized MOL and MOL Serbia to continue preparatory work for a potential acquisition of the Russian-held stake in NIS until February 28, 2027. A separate US authorization is still required to transfer ownership.
Croatia recorded Southeast Europe's largest weekly increase in average day-ahead electricity prices in the week to November 1, despite higher renewable output and lower net imports. Its price premium over Greece widened to €15.88/MWh.
Bosnia and Herzegovina’s ERS selected an El Promet-led consortium to build and finance the Hrgud wind farm under a fully financed 81.9 million euros offer. The utility chose it despite a rival construction bid that was 300,000 euros lower.
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Around 2 GW of battery storage connection agreements were reported in Serbia in 2026, but the first standalone projects still need to establish a local financing template. EMS requires a construction bank guarantee before transmission-connected projects can advance to connection contracts.
Serbian industrial companies must weigh owning batteries against buying flexibility as a service. The choice depends on whether factory-specific savings or market optimisation provides most of the battery’s value.
Credible grid access and manageable reinforcement obligations are becoming central to the value and financeability of battery storage projects in Serbia. EMS updated its connection-request lists on 4 November 2026, reflecting an increasingly active project pipeline.
Around 2 GW of battery projects in Serbia had signed grid-connection agreements in September 2026. Financing conditions and revenue certainty will determine which projects are built.
Around 2 GW of battery storage connection agreements were reported in Serbia in 2026, but the first standalone projects still need to establish a local financing template. EMS requires construction guarantees before transmission-connected projects can advance to connection contracts.
Serbian industrial companies are weighing battery ownership against buying flexibility as a service. The choice depends on whether site-specific savings or market trading provides most of a battery’s value.
BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.
Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.
Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.
European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.
Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.