Serbia’s weekly average electricity price reached €286.55/MWh in late October, more than double its 2026 year-to-date average. The rise renewed focus on procurement and trading exposure across Southeast Europe.
IBEX day-ahead trading reached 2.915 TWh in October, while the baseload average price rose around 40% from September. Higher year-on-year liquidity coincided with continued high prices into November.
Romanian households had the EU’s highest electricity costs on a purchasing-power basis in the first half of 2026. The country also recorded the bloc’s largest annual increase in household gas prices.
Southeast Europe faces a growing power-system flexibility shortage as grids, storage and dispatchable capacity lag behind project growth and rising volatility. Country-level pressures range from heavy imports in Serbia to negative prices in Croatia and faster battery deployment in Bulgaria.
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he volume of geological research in Serbia has increased significantly in the past ten years, and in that period, dozens of exploration permits were issued,...
The volume of geological research in Serbia has increased significantly in the past ten years and in that period, dozens of exploration permits were...
BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.
Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.
Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.
European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.
Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.