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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Serbia: EPS launches tender for FIDIC engineer to oversee final stage of Kostolac B3 project

Serbia’s state-owned power utility, Elektroprivreda Srbije (EPS), has initiated a public procurement process to hire a consultant who will serve as the FIDIC engineer...

Montenegro: EPCG seeks international partner for controversial HPP Komarnica project

Montenegro’s state-owned power utility, EPCG, is preparing to bring an international partner on board to support the development of the long-delayed Komarnica hydropower plant....

Greece: PPC adds third turbine to HERON 1 mobile plant to secure Crete’s summer power supply

To meet Crete’s electricity demand during the high-consumption summer season, the Greek Public Power Corporation (PPC) is finalizing the installation of a third turbine...

Serbia strengthens power grid amid growing focus on European energy resilience

In light of recent large-scale blackouts affecting multiple European countries, including incidents in the Balkans and on the Iberian Peninsula, Serbia is stepping up...

North Macedonia issues first renewable energy certificates to ESM

North Macedonia has reached a significant milestone in its energy transition, as the national market operator MEMO issued the country’s first Guarantees of Origin...

Montenegro: EPCG faces major financial strain amid TPP Pljevlja shutdown and rising electricity demand

Montenegro’s state-owned power utility EPCG is bracing for a significant financial shortfall in 2025, according to CEO Ivan Bulatović. To ensure a stable electricity...

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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