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operational revenues

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Romania: Transelectrica recorded 41.5 million euros in profit in the first nine months

Electricity transmission system operator Transelectrica recorded a net profit of 41.5 million euros in the first nine months, which is 51% lower compared to...

North Macedonia: OKTA recorded a 95% lower profit in H1

Oil refinery OKTA, owned by Greek Hellenic Petroleum, recorded a net profit of 600,000 euros in the first half of 2023, compared to a profit of...

Slovenia: Gas supplier Geoplin recorded a 28 million euros loss

In 2022, Slovenian wholesale gas supplier Geoplin Group nearly doubled its operating revenues, as a result of higher natural gas prices on the exchanges....

Montenegro: EPCG recorded 4 million euros profit in 2022

Montenegrin state-owned power utility "Elektroprivreda Crne Gore" recorded a net profit in the amount of 4 million euros in 2022, compared to a profit...

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SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...