Weekly energy market update:...

Brent oil futures for the Front Month on the ICE market reached their...

Europe: Electricity prices stable...

During the fourth week of November, electricity prices in most major European markets...

Europe: Southern demand rises...

During the week of November 24, electricity demand showed a contrasting pattern across...

Europe: Solar production declines...

During the week of November 24, solar photovoltaic (PV) energy production declined in...
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RiTE Ugljevik

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Bosnia and Herzegovina: Simultaneous maintenance shutdowns at RS’s largest power plants to impact electricity supply

For the first time since their inception, the two largest electricity producers in the Republic of Srpska (RS)—the coal-fired thermal power plants Gacko and...

Bosnia and Herzegovina: RiTE Ugljevik reduces losses in 2024 but faces financial challenges

Coalmine and thermal power plant (RiTE) Ugljevik, a subsidiary of state-owned power utility ERS, reported a net loss of 19.9 million euros in 2024,...

Bosnia and Herzegovina: Center for the Environment challenges environmental permit for TPP Ugljevik 3

The Center for the Environment, a non-governmental organization, has once again contested the environmental permit granted to Comsar Energy RS for the construction of...

Bosnia and Herzegovina: ERS acquires shares in RiTE Ugljevik, completing successful share issuance to settle debt

The parent company ERS has acquired shares in the Ugljevik coal mine and thermal power plant (RiTE Ugljevik) for approximately 10 million euros, completing...

Bosnia and Herzegovina: Coal shortage causes second shutdown of Ugljevik thermal power plant in December

The Ugljevik coal-fired thermal power plant has once again halted electricity production due to a shortage of coal. Boban Benović, President of the Trade...

Bosnia and Herzegovina: Coal shortages and financial struggles threaten stability of Republic of Srpska’s power sector

The recent challenges faced by the Ugljevik thermal power plant, including its 10-day shutdown due to a coal shortage, highlight the ongoing issues in...

Serbia’s renewable surge: How the country is quietly becoming a regional green-power leader

For years, Serbia’s energy landscape appeared frozen in time. Coal dominated generation, hydropower provided stability, and the idea of large-scale renewable deployment felt distant....

Greece moves forward with long-delayed Mesochora hydropower plant

The Greek Ministry of Environment and Energy has confirmed that the long-delayed Mesochora hydropower plant in Trikala will finally advance, bringing an end to...

Bosnia and Herzegovina: Republika Srpska accelerates major hydropower expansion amid untapped potential

The Republic of Srpska (RS) is pressing ahead with a major expansion of its hydropower sector, driven by significant untapped water resources that remain...

Serbia: EPS outlines €2 billion hydropower investment strategy through 2035

Over the next decade, Serbia is expected to see nearly 2 billion euros invested in its hydropower sector, with around 760 million euros planned...

Bosnia and Herzegovina: HPP Visegrad increases monthly production, still below last year’s level

The hydropower plant Visegrad, operated by ERS subsidiary Hidroelektrane na Drini, generated 37.91 GWh of electricity in October 2025. This represents a 31.3 percent...
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