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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Hungary: MOL resumes fuel production at Százhalombatta refinery following fire incident

Fuel production has resumed at MOL’s Százhalombatta refinery, operating at reduced capacity as the company gradually brings back online units unaffected by the recent...

Bosnia and Herzegovina: Bosanski Brod oil refinery reports €15.3 million net loss in first half of 2025

The financial report for the first half of 2025 shows that the Bosanski Brod oil refinery incurred a net loss of €15.3 million, increasing...

Bosnia and Herzegovina: Modrica oil refinery faces losses, accumulated deficit exceeds 58 million euros

Modrica oil refinery concluded 2024 with a loss of approximately 1.3 million euros, adding to its ongoing financial struggles. As a result, the refinery's...

Croatia: JANAF could meet the demand of MOL’s refineries in Hungary and Slovakia

Hungarian MOL, a long-term lessee of JANAF's capacity for transporting crude oil, currently has the ability to receive 2.2 million tons of oil annually...

Serbia: Pančevo oil refinery enhanced competitiveness and ecological standards

Professor Dragan Govedarica, from the Faculty of Technology in Novi Sad, highlighted the recently completed overhaul of the Pančevo oil refinery as a significant step forward...

Serbia: Pančevo oil refinery enhanced competitiveness and ecological standards

Professor Dragan Govedarica, from the Faculty of Technology in Novi Sad, highlighted the recently completed overhaul of the Pančevo oil refinery as a significant step forward...

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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