Bosnia and Herzegovina’s ERS selected an El Promet-led consortium to build and finance the Hrgud wind farm. Its 81.9 million euros construction offer covers the full investment, despite a lower-priced rival bid.
Serbia’s crude supply chain remains dependent on temporary sanctions authorisations, with the operating window for NIS and corresponding JANAF activities extended to 11 December 2026. Uncertainty persists over MOL’s proposed acquisition of the Russian majority stake in NIS.
Battery storage projects in Romania and Bulgaria are drawing EBRD-backed financing, while a project in North Macedonia has sovereign and concessional support. Lenders need to test technical performance, grid access, market revenues and debt-service coverage under realistic downside scenarios.
Western Balkan electricity trade with the European Union recovered from the second quarter but remained below year-earlier levels. Wider price spreads, weaker convergence and CBAM costs are complicating cross-border sales.
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Eurostat data show household electricity prices remained comparatively low across much of the Western Balkans, while Romania recorded the EU’s sharpest increase in the first half of 2026. Retail tariffs do not capture differences in procurement, balancing and fiscal costs.
Bulgarian Minister of Energy Zhecho Stankov has reassured citizens that household electricity bills will remain stable despite the full liberalization of the country’s energy...
Southeast Europe faces a growing power-system flexibility shortage as grids, storage and dispatchable capacity lag behind project growth and rising volatility. Country-level pressures range from heavy imports in Serbia to negative prices in Croatia and faster battery deployment in Bulgaria.
Kosovo enters its highest-demand months with the 260 MW B1 unit still unavailable, increasing reliance on electricity imports. The operator has not set a return date as regional prices and interconnector availability remain key variables.
Austria's Verbund has signed a power-purchase agreement for the first project selected in Albania's first wind auction to reach construction readiness. Commercial operation is targeted for the first quarter of 2028.
Bulgaria’s operating battery fleet was reported at 6.23 GW by late October, while EBRD and Raiffeisen are financing a new 246 MW battery at Tenevo. The reported fleet and energy-flow figures require verification against underlying data.
Buyers took 34,000 of 35,000 wind guarantees of origin offered in North Macedonia’s first auction. The sale adds a price-discovery mechanism to the country’s existing administrative framework.