The Government of the Republic of Srpska (RS), at its latest session, reviewed the issue of rising voltage levels in the transmission network, warning that the problem could lead to serious disruptions in the electricity system, the economy, and households in RS and Bosnia and Herzegovina, as well as impact interconnected grids. The cabinet called […]
Hidroelektrane na Drini, a subsidiary of power utility ERS and operator of the Visegrad hydropower plant, reported that the plant generated 25.11 GWh of electricity in July 2025, down 25.6% from the previous month’s 33.74 GWh. In July 2024, production stood at 30.34 GWh. In 2024, HPP Visegrad produced a total of 733 GWh of
Bosnia and Herzegovina: HPP Visegrad records lower output in July 2025 Read More »
The Albanian electricity exchange ALPEX reported that the total volume of electricity traded in the day-ahead market reached 172.7 GWh in July 2025, marking a 27.4% increase compared to the previous month and a 60.8% rise compared to July 2024. Of the total traded volume, 109 GWh was for the Kosovo bidding zone and 103.3
Albania: ALPEX sees record July trading volume and strong year-on-year growth Read More »
Romanian officials are investigating a suspected sabotage incident involving Azerbaijani crude oil destined for OMV Petrom’s Petrobrazi refinery. The crude, transported via the Baku-Tbilisi-Ceyhan (BTC) pipeline through Azerbaijan, Georgia, and Turkey before shipment to Romania, was found to contain dangerously high levels of chlorine. This contamination posed a significant corrosion risk to refinery equipment and
OX2 has agreed to sell a 96 MW onshore wind farm in eastern Romania to Helleniq Renewables, a subsidiary of Greek company Helleniq Energy. The project is backed by a long-term virtual power purchase agreement (PPA) with international retailer Ahold Delhaize. The wind farm will feature 15 Vestas turbines, each with a capacity of 6.4
Romania: OX2 sells 96 MW wind farm to Helleniq Renewables backed by long-term PPA Read More »
In July 2025, the average electricity price on the day-ahead market of the Romanian energy exchange OPCOM was 103.5 euros/MWh. This represents a 28.69% decrease compared to July 2024, but a 20.16% increase compared to June 2025, when the average baseload price was 86.13 euros/MWh. The traded volume on the day-ahead market in July reached
Montenegrin state-owned energy company EPCG has announced a tender for the preparation of project documentation for the construction of the Slano solar power plant, located on the Slano reservoir dam. The planned photovoltaic facility will have an installed capacity of 2.5 MW. The tender, valued at 13,000 euros, requires bids to be submitted by August
Montenegro: EPCG launches tender for 2.5 MW Slano solar power plant design Read More »
In July 2025, the volume of electricity traded on North Macedonia’s day-ahead electricity exchange reached 135,072.8 MWh, marking a 36.6% increase compared to 98,842.2 MWh recorded in the same month the previous year. Compared to June 2025, traded volume rose by 42.7%. This represents the highest monthly traded volume ever recorded, surpassing the previous record
North Macedonia: Day-ahead electricity exchange hits record trading volume in July 2025 Read More »
MOL Group reported a profit before tax of 236 million dollars in Q2 2025, representing a 56% year-on-year decline. While a softer regional macroeconomic environment weighed on results, strong upstream volumes, robust downstream throughput, and growing consumer services activity helped mitigate the impact. Based on first-half performance, management maintained its full-year 2025 guidance but noted
PPC Group reported a net income of 200 million euros for the first half of 2025, up from 180 million euros in the same period of 2024. Adjusted EBITDA reached 1 billion euros, reflecting a 7% year-on-year increase. Total capital expenditures amounted to 1.3 billion euros, with approximately 90% allocated to renewable energy, flexible generation,
