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Bulgaria: Parliamentary Energy Committee mandates Government report on Maritsa East complex future

The Parliamentary Energy Committee has approved a draft decision requiring the Government to prepare a comprehensive report on the implementation of Parliament's decisions concerning...

Bulgaria: Electricity exports fell by 66% in 2023

Electricity exports in Bulgaria decreased by 66 % in 2023, compared to last year's period, according to data published by electricity transmission system operator...

Bulgaria, Record profit of TPP Marica Istok 2 – 173 million euros in the first six months

In the first half of 2022, Bulgaria's state-owned coal-fired thermal power plant tripled production, while revenues increased nine times. In the first six months, TE...

Bulgaria, Coal-fired thermal power plant Maritsa East 2 remains critical

Despite a significant increase in electricity sales revenues, the financial situation at state-owned coal-fired thermal power plant Maritsa East 2 remains critical. The report for...

In October Bulgaria’s Maritsa East Mines celebrated a record 1 622 556 tonnes of lignite extracted

People abandoned at the edge of Bulgaria’s largest coal basin expect accountability from the multilateral development bank that financed the mine expansion. In October Bulgaria’s Maritsa...

Bulgaria, Maritsa East 2 is in total financial collapse

Bulgarian state-owned coal-fired thermal power plant Maritsa East 2 is in total financial collapse, after it recorded losses in the amount of 126 million...

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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...