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Serbia to Significantly Increase Azerbaijani Gas Supplies by 2030

In a strategic move to enhance its energy security, Serbia is negotiating a substantial increase in natural gas imports from Azerbaijan. This initiative aligns...

Russia eases gas payment rules for Europe amid growing energy crisis

The ongoing war in Ukraine has created significant uncertainty in global energy markets, especially concerning gas supplies to Europe. In response, Russian President Vladimir...

Europe: Germany and Austria could break dependence on Russian gas

At this moment, a fast-moving development is unfolding in Europe’s energy industry that is gaining more attention by the day.  Europe’s energy crisis, triggered by...

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Serbia drives Southeast European power price decline as renewables narrow regional spreads

Southeast European day-ahead electricity prices fell sharply for Wednesday delivery, as stronger wind and solar generation, improved domestic output and lower import requirements eased...

Bulgaria launches 300 MWh Tesla battery project as energy storage expansion gains momentum

Bulgaria has begun construction of a 300 MWh battery energy-storage facility in Tvarditsa, marking the first stage of a broader investment programme worth more...

Bosnia and Herzegovina: ERS secures new loans as Ugljevik shutdown intensifies financial strain

Bosnia and Herzegovina’s state-owned power utility ERS has secured another €2 million in short-term financing, bringing the total amount of new borrowing arranged within...

Serbia readies €153 million gas interconnector with North Macedonia

Serbia is preparing construction of a new natural-gas interconnector with North Macedonia, adding another southern import route for gas entering Southeast Europe via Greece....

EPCG submits environmental assessment for 37.6 MW Kapino Polje B2 solar plant

Montenegro’s state-owned power utility EPCG has submitted an environmental-impact assessment for its planned 37.6 MW Kapino Polje B2 solar power plant near Nikšić, advancing...