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500 MW combined-cycle gas plant joint venture advances in Niš

Serbia’s EPS and Srbijagas have agreed with Azerbaijan’s SOCAR to set up a joint venture for a planned 500 MW combined-cycle gas power plant...

Serbia and SOCAR near joint venture for up to 500 MW gas-fired CHP

Serbia is close to setting up a joint venture with Azerbaijan’s SOCAR to develop a gas-fired combined heat and power plant. The planned facility...

EPS and SOCAR formalize framework for Niš gas-fired power plant

Serbia’s state-owned utility EPS and Azerbaijan’s SOCAR have formalized a cooperation framework for a planned power plant in Niš. The agreement sets out the...

SOCAR’s Potential Acquisition of NIS Signals Shift in Southeast Europe’s Energy Landscape

The potential acquisition of Naftna Industrija Srbije (NIS) by the State Oil Company of Azerbaijan Republic (SOCAR) represents a significant turning point in the...

Albania transitions from gas transit to consumption with SOCAR supply in Korca

Albania is set to emerge as a significant natural gas consumer, as Azerbaijan’s state energy company SOCAR prepares to supply gas to the city...

Azerbaijan and Hungary sign gas supply deal allowing up to 800 million cubic meters over two years

Azerbaijan’s SOCAR and Hungary’s MVM ONEnergy have finalized a new gas supply agreement, enabling Hungary to receive up to 800 million cubic meters of...

Latest news

EU recognition of Western Balkan renewable certificates could boost PPAs but not replace CBAM verification

Renewable generators in Serbia, Montenegro and other Energy Community markets could gain access to a broader European market for the environmental attributes of their...

EU reforms could restore multi-trader electricity exports while leaving contractual risks unresolved

European Union policymakers are considering changes that could make it easier for renewable electricity from neighbouring countries to qualify for actual-emissions treatment under CBAM....

Domestic industrial PPAs open new revenue opportunities for Serbian and Montenegrin renewables

Domestic industrial demand can support renewable investment and improve electricity cost predictability, but the carbon value of a power purchase agreement depends on the...

Montenegro’s electricity exporters need stronger PPAs to secure Italian market revenues

The Adriatic interconnector gives Montenegro's renewable generators access to Italian buyers, but investment returns depend on carbon treatment, delivery profiles and the fallback provisions...

Serbian renewable projects face new contractual challenges on the Hungary export corridor

Export PPAs can expand market access for wind and solar projects, but the revenue ultimately reaching developers depends on delivery rights, trading costs and...