The proposed corridor would connect Azerbaijan and Georgia with Romania and Hungary through three submarine cables, targeting transfers of up to 20 TWh a year to the EU. Transmission and dedicated renewable generation are estimated to cost about €22.1 billion combined.
Montenegro’s Environmental Protection Agency has given Nu Energy two years to submit a full environmental impact assessment for its proposed Velestovo solar-and-storage project. The agency will decide whether the 60 MW scheme can proceed after reviewing its environmental effects.
Serbia’s forecast power balance on 15 October required about 1,027 MW of net imports, while the SEEPEX price reached 368.6 €/MWh at hour 20. Battery storage could reduce exposure to such expensive deficit hours, but would not remove the need for energy imports.
Your trusted source for electricity market news, trading data and energy market analysis across Southeast Europe.
Southeast Europe’s green-power market is gradually developing into two commercially distinct products: electricity carrying a renewable attribute and electricity supported by a more comprehensive...
Serbian wind and solar developers seeking access to lower carbon costs in the European Union now face a route-to-market decision that goes beyond simply...
Serbia’s verified green electricity platform is designed to connect wind generation, solar generation and 100 MW battery storage with industrial electricity demand and verified...
The electricity landscape in Southeast Europe is evolving, moving beyond traditional pricing metrics to include factors such as carbon intensity and traceability. This transformation...
As Serbia approaches the 2025-2026 timeline, the landscape for industrial power buyers is evolving significantly in relation to green electricity. No longer merely a...
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.