Trebinje 1 solar power plant, a joint venture between Bosnian state-owned power utility ERS and Hungarian investors, is facing severe financial difficulties that threaten its future. Initially promoted as the largest solar facility in the Balkans and expected to begin operating in mid-2023, the project is far from completion. The company SE Trebinje 1, which […]
Technical assessments commissioned by Gen Energija from French company EDF and US-based Westinghouse have confirmed that their standard reactor designs can be constructed at the planned site for the second unit of the Krsko nuclear power plant. The studies indicate that the project is feasible both technically and within projected budget limits. EDF proposed reactors
The Ministry of Mining and Energy has signed two memoranda of cooperation with Korea Hydro and Nuclear Power (KHNP) to advance nuclear energy and hydrogen technologies. The agreements were formalized at the Korea-Serbia Forum for Strategic Energy Development in Belgrade. The nuclear energy memorandum aims to strengthen Serbia’s capacity in nuclear technologies through workforce training
Serbia partners with South Korea to develop nuclear and hydrogen energy technologies Read More »
Hidroelectrica has announced a public tender valued at approximately 49.5 million euros for the supply and installation of mechanical and electrical equipment at the Nehoiasu II hydropower plant. The project focuses on expanding the 110 kV transformer station. The contract includes a range of activities such as turbine works, preparation of technical documentation, equipment manufacturing
The European Bank for Reconstruction and Development (EBRD) is reviewing a proposal to provide up to 37 million euros to North Macedonia’s state-owned power utility ESM for a major solar power project. The plant, planned for construction on the site of a depleted coal mine near Bitola, will have an installed capacity of 134 MW.
North Macedonia: EBRD weighs €37 million support for landmark solar project Read More »
The first stage of the Chiren underground gas storage expansion has been completed, Energy Minister Zhecho Stankov announced before the parliamentary energy committee. The project is designed to increase total capacity from 550 million cubic meters to 1 billion cubic meters and is divided into three phases: one above-ground and two underground. The completed surface
Under the European framework aimed at ensuring a reliable and competitive gas supply, underground gas storage facilities in the EU must be at least 90% full before the start of winter. These rules were introduced in 2022 after Russia’s invasion of Ukraine, when the EU adopted the gas storage regulation as part of a broader
Europe: EU gas storage levels on track to meet winter 2025 targets despite regional gaps Read More »
In the first half of 2025, Europe expanded its wind energy portfolio by 6.8 GW, bringing the continent’s total installed capacity to 291 GW. Of this, 5.3 GW was installed within the European Union. Onshore wind accounted for the majority of the growth with 6 GW, representing an 89% increase compared to the same period
Europe adds 6.8 GW of wind power in early 2025 but falls short of 2030 targets Read More »
European natural gas futures fell in the last week of August as weak demand allowed storage levels to rise faster than the impact of reduced Norwegian supply caused by maintenance work. Despite the decline, the weekly average price was still higher than the previous week. TTF gas futures on the ICE market for October 2025
Europe: Gas futures drop in late August despite reduced Norwegian supply Read More »
Week 35 of 2025 showed a varied pattern in electricity market prices across Southeast European countries compared to Week 34. Most markets recorded weekly average prices below €100/MWh, except Italy, which had the highest electricity price among the analyzed markets. Throughout the week, prices in most SEE countries hovered around €80/MWh, peaking on August 29
