North Macedonia’s day-ahead market traded 186,900 MWh in October, while its average market-clearing price rose 49.3% from September to EUR 224.74/MWh. Tighter regional conditions lifted wholesale power costs across Southeast Europe.
Croatia’s main employers’ association wants the government to raise the electricity cost ceiling used to calculate supplier compensation from €160/MWh to €210/MWh. The proposal remains unapproved as temporary price stabilisation measures approach their expiry in March 2027.
Battery storage can make renewable electricity more predictable for Serbian exporters and improve the commercial case for renewable projects. It does not reduce embedded emissions by itself or replace CBAM evidence requirements.
Czech industrial group Tesla confirmed that it will open this year the power storage devices factory in eastern Romania, at Braila, where it expects...
China’s Naipu Mining Machinery is planning to build a factory in Serbia’s eastern city of Zajecar, the local government said.
Local government officials agreed on the...
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.