Weekly energy market overview:...

During the second week of December, Brent oil futures for the Front Month...

European electricity prices: Weekly...

In the second week of December, average electricity prices fell in most major...

European electricity demand trends:...

During the week of December 8, electricity demand decreased across major European markets...

Europe: Solar and wind...

During the week of December 8, solar photovoltaic (PV) energy production increased in...
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non-russian crude

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Bulgaria: Lukoil’s Refinery to process non-Russian oil from next October

Lukoil Neftochim should abandon Russian oil input in stages, under the legislation approved by the Bulgarian Parliament. The share of crude oil of Russian...

Bulgaria: State can appoint special commercial administrator for Lukoil Neftochim

The state will appoint its own special commercial administrator at the Lukoil Neftochim oil refinery if national security is at risk, according to legal...

Bulgaria: Lukoil to switch to non-Russian oil

Lukoil Neftochim Burgas, part of Russia's Lukoil and operator of the sole oil refinery in Bulgaria, will switch to processing non-Russian crude, the Bulgarian government...

Serbia: EBRD appoints consortium to oversee €110 million Vlasinske hydropower modernization

The European Bank for Reconstruction and Development (EBRD) has appointed a consortium to oversee the refurbishment of the Vlasinske hydropower plants, a central part...

Hydro as a European flexibility asset: Montenegro’s reservoirs in a coupled Italy–SEE system

For decades, Montenegro’s hydroelectric system has been perceived primarily through a regional lens. Its reservoirs and run-of-river plants were valued as instruments of domestic...

Regional power-flow shifts after the Pljevlja shutdown: Montenegro in a rewired Balkan energy landscape

The shutdown of Pljevlja transforms Montenegro’s internal energy balance, but its implications extend beyond national borders. In the interconnected Balkan power system, every addition...

Private wind producers in Montenegro: From peripheral players to system-defining actors

Montenegro’s power system is undergoing a quiet reordering of influence. Where state hydro once dominated unchallenged and Pljevlja provided the stable backbone, private wind...

Balancing costs in Montenegro’s post-coal power system

As Montenegro steps into a future without Pljevlja’s coal-fired stability, the cost of balancing becomes the defining economic metric of its power system. Balancing...
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