Montenegro has extended the deadline for its ongoing tender to lease fuel storage capacity for strategic petroleum reserves, moving the closing date from 27 October to 4 November. All other terms and conditions of the tender remain unchanged. According to the tender specifications, the Government is seeking to lease facilities with a capacity to store […]
The upgraded LNG terminal in Omišalj, located on the Croatian island of Krk, has entered its final testing phase and is expected to begin full commercial operations in the coming days. This follows several weeks of complex preparatory and commissioning work aimed at ensuring the facility’s readiness. Ivan Fugas, Director of LNG Hrvatska, confirmed that
The Croatian electricity exchange CROPEX has signed an agreement with oil company INA to organize auctions for the sale of guarantees of origin (GOs) owned by INA. Under the partnership, the GOs will be sold through auctions conducted by CROPEX using its dedicated IT trading platform. INA will initially offer guarantees of origin generated from
Croatia: CROPEX and INA partner to launch auctions for solar guarantees of origin Read More »
The European Union’s recent policy moves are expected to have an indirect but notable impact on Bosnia and Herzegovina (BiH), which, as an EU candidate country, is obliged to gradually align its foreign and energy policies with those of the bloc. Last week, EU member states formally adopted the 19th package of sanctions against Russia
Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) totaled 463 GWh in September 2025, representing a 7.8% decrease compared to the same month in 2024, when production stood at 502 GWh. Hydropower plants contributed 36.5% of total generation, thermal power plants 57.5%, and wind farms 6%. Net electricity production reached 432 GWh,
According to data from the Agency for Statistics of Bosnia and Herzegovina (BiH), the country’s gross electricity production reached 1,122 GWh in August 2025, down from 1,249 GWh recorded in the same month of the previous year. Hydropower plants accounted for 22.3% of total production, thermal power plants for 68.6%, and solar and wind power
The United States is considering new funding options to support infrastructure projects that would expand the Vertical Gas Corridor and strengthen gas transmission systems across southeastern Europe. The goal is to increase the flow of US liquefied natural gas (LNG) to Ukraine and boost regional energy security. The initiative is gaining momentum ahead of a
TTF gas futures rose during the second week of October 2025, supported by stronger gas-for-power demand amid reduced wind generation across Southeast Europe. Futures for November 2025 delivery on the ICE market averaged around €33/MWh, about 3.4% higher than in Week 40. Prices peaked on Tuesday, October 7, at €33.246/MWh — 0.4% above the previous
During Week 41 of 2025, electricity prices across Southeast Europe (SEE) rose noticeably compared to the previous week, driven by colder weather and reduced renewable generation. Most SEE markets recorded average weekly prices above €110/MWh, except for Greece and Türkiye. The regional average hovered around €108/MWh. Prices were highest early in the week, peaking on
Portuguese renewable energy company Hyperion Renewables has secured a €16.3 million loan from Germany’s ProCredit Holding to finance the construction of a 38 MW solar power plant in the town of Săliște, Sibiu County, Romania. Construction of the facility is already underway, marking Hyperion’s first operational project in the Romanian market. The plant is among
