Weekly energy market overview:...

During the second week of December, Brent oil futures for the Front Month...

European electricity prices: Weekly...

In the second week of December, average electricity prices fell in most major...

European electricity demand trends:...

During the week of December 8, electricity demand decreased across major European markets...

Europe: Solar and wind...

During the week of December 8, solar photovoltaic (PV) energy production increased in...
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North Macedonia: EBRD supports solar expansion with tender for 30 MW capacity

The European Bank for Reconstruction and Development (EBRD) has announced that North Macedonia’s state-owned power utility, ESM, has initiated a tender process for the...

North Macedonia signs MoU with SOCAR to secure natural gas supplies

North Macedonia’s state-owned power utility, ESM, has signed a Memorandum of Understanding (MoU) with the State Oil Company of Azerbaijan (SOCAR) to ensure reliable...

North Macedonia enters unplanned electricity imports amid power plant challenges

North Macedonia is facing unplanned electricity imports for the next two weeks, sourcing power from Slovenian state-owned companies and other traders. State-owned utility ESM...

North Macedonia: ESM will stop buying electricity from TE-TO Skopje

Macedonia plans to stop buying electricity produced by the combined cycle power plant TETO Skopje in the future because it is a Russian investment. The...

North Macedonia to ink first agreement with strategic investor for solar park

North Macedonia has prepared the first law and agreement on a strategic investment in renewable energy for the 70 MW Pehčevo solar power plant...

North Macedonia: ESM inked a 3.4 million euro deal for KOGEL’s modernization

Macedonian power utility ESM has signed a contract worth 3.4 million euros with local construction equipment supplier Spektartermo for the modernization of the thermal...

Serbia: EBRD appoints consortium to oversee €110 million Vlasinske hydropower modernization

The European Bank for Reconstruction and Development (EBRD) has appointed a consortium to oversee the refurbishment of the Vlasinske hydropower plants, a central part...

Hydro as a European flexibility asset: Montenegro’s reservoirs in a coupled Italy–SEE system

For decades, Montenegro’s hydroelectric system has been perceived primarily through a regional lens. Its reservoirs and run-of-river plants were valued as instruments of domestic...

Regional power-flow shifts after the Pljevlja shutdown: Montenegro in a rewired Balkan energy landscape

The shutdown of Pljevlja transforms Montenegro’s internal energy balance, but its implications extend beyond national borders. In the interconnected Balkan power system, every addition...

Private wind producers in Montenegro: From peripheral players to system-defining actors

Montenegro’s power system is undergoing a quiet reordering of influence. Where state hydro once dominated unchallenged and Pljevlja provided the stable backbone, private wind...

Balancing costs in Montenegro’s post-coal power system

As Montenegro steps into a future without Pljevlja’s coal-fired stability, the cost of balancing becomes the defining economic metric of its power system. Balancing...
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