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Gvozd II wind expansion set for spring 2027 as EPCG complex reaches 76 MW

Montenegro is targeting spring 2027 for the commissioning of Gvozd II, as state utility EPCG expands its wind portfolio. The project is expected to...

Pljevlja thermal output covers most of EPCG generation during Montenegro drought

Coal-fired share rises as hydropower weakens Montenegro’s Pljevlja supplied 65% of electricity generation for state utility EPCG during the summer period as drought reduced hydro...

EPCG completes major works on €26m Gvozd 2 wind expansion in Montenegro

Montenegro’s state power utility EPCG has completed most work on the second of three turbine foundations at its 21 MW Gvozd 2 wind project,...

EPCG progresses Gvozd 2 wind expansion with second turbine foundation in Montenegro

Montenegro’s state power utility EPCG has completed work on the second of three turbine foundations at the 21 MW Gvozd 2 wind farm. The...

EPCG tenders Otilovići small hydropower plant at €7mn in Montenegro

EPCG has launched a third tender for the design and construction of the planned Otilovići small hydropower plant in Montenegro. The estimated project value...

EPCG tenders main design for 41.8 MW Krupac solar plant near Nikšić

Montenegro’s state-owned power utility EPCG has opened procurement for the main design of the planned 41.8 MW Krupac solar power plant near Nikšić. The...

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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...