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Serbia activated 42 new oil wells

In Serbia, oil production is carried out at 870 oil wells and 69 gas wells in operation, employing various extraction methods. Additionally, in 2023,...

Serbia: Gross electricity production to reach 40.6 TWh in 2024

Data from the Energy Balance for the current year, adopted by the Government of Serbia, inevitably indicate that our country is increasingly becoming dependent...

Croatia: Janaf extends storage deal with AZU

Croatian oil pipeline operator Janaf signed an extension until the end of June to its deal with Croatian Hydrocarbon Agency (AZU) for the storage...

Croatia: Rijeka refinery to be closed for maintenance

The oil and gas company will suspend production at its Rijeka refinery from the first week of December until next spring for planned maintenance...

Serbia is late with the construction of oil storage facilities

The editor of the portal “Energija Balkana” Jelica Putniković stated that Serbia is late with the construction of storage for crude oil. She pointed out,...

Serbia: Delay in the construction of gas storage facilities

The editor of the portal “Energija Balkana” Jelica Putniković stated that Serbia is late with the construction of storage for crude oil. She pointed out,...

Latest news

EU recognition of Western Balkan renewable certificates could boost PPAs but not replace CBAM verification

Renewable generators in Serbia, Montenegro and other Energy Community markets could gain access to a broader European market for the environmental attributes of their...

EU reforms could restore multi-trader electricity exports while leaving contractual risks unresolved

European Union policymakers are considering changes that could make it easier for renewable electricity from neighbouring countries to qualify for actual-emissions treatment under CBAM....

Domestic industrial PPAs open new revenue opportunities for Serbian and Montenegrin renewables

Domestic industrial demand can support renewable investment and improve electricity cost predictability, but the carbon value of a power purchase agreement depends on the...

Montenegro’s electricity exporters need stronger PPAs to secure Italian market revenues

The Adriatic interconnector gives Montenegro's renewable generators access to Italian buyers, but investment returns depend on carbon treatment, delivery profiles and the fallback provisions...

Serbian renewable projects face new contractual challenges on the Hungary export corridor

Export PPAs can expand market access for wind and solar projects, but the revenue ultimately reaching developers depends on delivery rights, trading costs and...