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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ESM

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Supported byClarion Owners Engineers
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North Macedonia: Biggest solar power plant in region to be commissioned by the end of September

Mey Energy completed a 55 MW photovoltaic facility in Novaci in North Macedonia. It is currently the largest PV facility in the Western Balkans. After a 45...

North Macedonia: Hydropower project Cebren approved

The North Macedonian government has approved the prospective Cebren hydropower plant. A project was awarded to Greek power utility PPC and construction firm Archirodon,...

North Macedonia: EBRD to provide 100 million euros loan for ESM

The European Bank for Reconstruction and Development will provide a 100 million euros loan to Macedonian public power utility ESM to support its liquidity...

Macedonia: EBRD and EU provided 1.5 million euros grant for ESM

The European Bank for Reconstruction and Development and the European Union are providing grants for the first large-scale solar power plant in North Macedonia....

North Macedonia, AD ESM is the largest supplier in 2022, with sales of 4.43 TWh

The Macedonian Electricity Market Operator MEMO has published a list of the largest electricity traders in the country in its balance sheet for 2022,...

North Macedonia, ESM increased production by 50 percent in January and February, to 1.04 TWh

Macedonian electricity production in the first two months of this year increased by 50 percent. As announced by the Macedonian state electricity producer AD...

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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