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Croatia to Implement Flexible VAT Mechanism for Fuel Amid Energy Market Volatility

The Croatian government is set to amend its tax regulations to introduce a flexible value-added tax (VAT) mechanism for petroleum products, aimed at addressing...

Croatia, Government to extend 5 % VAT rate on natural gas

At the latest Government session, Croatian Prime Minister Andrej Plenkovic announced changes to the Value Added Tax (VAT) Act that will maintain the lower...

Romania, Hidroelectrica launched a revitalization program for HPP Đerdap 2

The largest producer of electricity in Romania, the state-owned company Hidroelectrica, approved the start of new investment projects for the revitalization of hydropower plants...

North Macedonia, ESM bought 40.6 GWh for 16.3 million euros for delivery in December

Macedonia's state electricity supplier, ESM Prodaja, says it bought 40,600 MWh for delivery in December. According to the order of the government in Skopje,...

Montenegro, Country to abolish VAT on solar panels

Montenegro could follow the example of Croatia and abolish the VAT on solar panels, as the Governments in the region increasingly acknowledge the importance...

Latest news

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...