Grid access and manageable reinforcement obligations are becoming central to the value and financeability of battery storage projects in Serbia. EMS updated its connection-request lists on 4 November 2026, reflecting an increasingly active project pipeline.
Bulgaria’s storage fleet is estimated at more than 6.2 GW of power capacity and 19 GWh of energy capacity, enough to reshape regional day-ahead prices. By shifting electricity between low- and high-price hours, batteries support exports during scarcity periods while compressing the spreads available to storage projects.
Romania imported electricity for 21 of 24 hours on 3 November despite renewables supplying around two-thirds of generation. Reactor restart prospects and the cost and timing of grid connections will shape supply and new project economics.
LNG inflows increased in Greece, Croatia and Italy in the week to November 1 compared with Week 43. Italy had the largest volume, while Greece recorded the biggest percentage gain.
Courtesy of Virtu.Energy
LNG inflows into Greece and Italy increased sharply in Week 42, as Southeast Europe moved towards the winter period amid elevated gas...
LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...
LNG supply improved the short-term gas picture in Week 25, particularly in Italy and Greece, but the broader European storage position remained the more...
Week 25 showed that stronger LNG availability does not automatically lower electricity prices. LNG inflows into Greece rose 19.7% to 722.23 GWh, Italian LNG flows increased 5.27% to 4,004.02 GWh,...
LNG inflows into Southeast Europe strengthened in Week 25, but the electricity market still tightened. Greece received 722.23 GWh of LNG inflows, up 19.7% week-on-week, while Italy received 4,004.02 GWh,...
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.