Greece is moving to accelerate long-stalled offshore hydrocarbon exploration, with both government and industry players signaling tighter schedules for the next key steps. The Ministry of Environment and Energy is working to complete parliamentary approval of four offshore concession agreements involving Chevron within January, a move that would unlock the next phase of activity in […]
Croatia reached new milestones in renewable electricity generation in 2025, signaling a structural shift in the country’s electricity system. Provisional data shows that wind farms, solar power plants, and renewable-fuel thermal units collectively became the largest source of electricity for the first time. These technologies together produced over 5 TWh of electricity during the year,
Croatia: Renewables take the lead as wind solar and biomass surpass hydropower in 2025 Read More »
AES Bulgaria reported that its coal-fired thermal power plant, AES Galabovo, generated 2.62 million MWh of electricity in 2024, marking a 35.8% increase compared to the previous year’s 1.93 million MWh. The company stated that TPP Galabovo supplied around 7% of Bulgaria’s electricity consumption last year. In December alone, the power plant produced 256,000 MWh,
Bulgaria: AES Galabovo boosts output by 36%, supplies 7% of electricity in 2024 Read More »
Bulgaria may soon enter the small modular nuclear reactor (SMR) arena following a new partnership between an international nuclear developer and a local energy company. Poland-based Synthos Green Energy has reached a preliminary agreement with Blue Bird Energy to establish a joint venture focused on deploying up to six advanced SMR units in the country.
Bulgaria poised to launch small modular reactors with Synthos and Blue Bird Energy Read More »
By 2025, the renewable electricity sector in Southeast Europe completed a transition that had been underway for nearly a decade but was often misunderstood while it was happening. Wind farms, solar parks and hydro plants ceased to function primarily as isolated production assets and began operating as integrated platforms. This shift did not occur because of
From power plants to platforms: Renewable business models in Southeast Europe Read More »
By 2025, renewable electricity in Southeast Europe began to influence industrial geography in a way that goes far beyond energy procurement. What initially appeared as a decarbonisation compliance tool has evolved into a structural input for industrial location decisions, investment sequencing and competitiveness strategy. Renewable power is no longer simply an operating cost line. In SEE,
Renewable power as an anchor for industrial relocation in Southeast Europe Read More »
By 2025, wind repowering emerged as one of the most quietly attractive investment opportunities in Southeast Europe. While public attention remained focused on new-build capacity, the region’s first generation of utility-scale wind farms—commissioned largely between 2010 and 2015—entered a phase where asset age, turbine efficiency and evolving market exposure began to materially affect performance. These assets are
Wind repowering opportunities in Southeast Europe Read More »
By 2025, balancing and flexibility revenues emerged as one of the most underestimated profit drivers for renewable electricity producers in Southeast Europe. For most of the past decade, balancing markets in the region were treated as technical necessities rather than commercial arenas. Renewable producers focused on energy volumes and incentive-backed prices, leaving flexibility value largely to
Balancing markets and flexibility revenues for renewables in Southeast Europe Read More »
By 2025, corporate power purchase agreements in Southeast Europe moved decisively out of pilot territory and into the core commercial architecture of the regional electricity market. What began as a niche instrument used by multinationals with global decarbonisation mandates has evolved into a practical procurement tool for a much broader segment of industrial and commercial electricity
Corporate power purchase agreements in Southeast Europe Read More »
By 2025, battery storage in Southeast Europe stopped being discussed primarily as a grid-resilience accessory and started being deployed as a direct revenue instrument for renewable electricity producers. This shift did not come from policy ambition or climate targets, but from hard commercial pressure. Solar penetration reached levels where unprotected midday output destroyed price realisation, while
Battery storage as a revenue tool for renewable power in Southeast Europe Read More »
