Romania: Heliopolis launches 400 MW hybrid solar and storage project

Italian company Heliopolis, headquartered in Milan with branches in Timisoara and Bucharest, has announced a large-scale hybrid renewable energy project in southeastern Romania, featuring over 400 MW of solar capacity and nearly 1,000 MWh of battery storage. The development, located in Calarasi county, is considered one of Romania’s most significant integrated solar-and-storage initiatives. Heliopolis confirmed […]

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Montenegro: Average household electricity bill in reaches €36.35 in November 2025

The average electricity bill for households in November 2025 amounted to €36.35, marking a 12.9% increase from the previous month (€32.21) but 2.7% lower compared to November 2024 (€37.35). The lowest average monthly consumption was recorded in Zabljak (€20.4), while the highest was in Tivat, where bills averaged €46.6. Around 60.46% of households will pay

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North Macedonia: Croatian Dalekovod wins €19.7 million contract for high-voltage transmission line

A new project in North Macedonia is set to commence for Croatian company Dalekovod, which has signed a contract with MEPSO, the country’s electricity transmission system operator, to build a major high-voltage transmission line. Dalekovod will lead a consortium including ELNOS BL from Bosnia and Herzegovina and Serbian Kodar Energomontaza. The €19.7 million contract covers

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Azerbaijan and Hungary sign gas supply deal allowing up to 800 million cubic meters over two years

Azerbaijan’s SOCAR and Hungary’s MVM ONEnergy have finalized a new gas supply agreement, enabling Hungary to receive up to 800 million cubic meters of natural gas over a two-year period starting 1 January 2026. Hungarian Foreign Minister Peter Szijjarto emphasized that this volume represents a maximum ceiling, with actual deliveries depending on market conditions and

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US extends deadline for sale of Lukoil’s foreign assets amid global interest

The United States has extended the deadline for negotiations regarding the sale of Lukoil’s foreign assets. Under a general license issued by the Office of Foreign Assets Control (OFAC), purchase agreements for the Russian company’s international holdings can now be finalized until 17 January 2026. This extension applies solely to transactions that explicitly require separate

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Gas or green electricity: how carbon pricing and power costs reshape Serbian industry to 2030 and 2035

For energy-intensive industries in Serbia, the traditional question of whether gas or electricity is cheaper is no longer the decisive one. The decisive variable over the next decade will be carbon. As the European Union’s Carbon Border Adjustment Mechanism enters its operational phase and the EU Emissions Trading System tightens toward 2030 and 2035, Serbian

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KEY 2026: Rimini prepares to open a new chapter in Europe’s energy transition

As KEY – The Energy Transition Expo returns to Rimini from 4–6 March 2026, the event is poised to capture a decisive moment for Europe’s renewable-energy landscape. What once revolved around long-term targets and conceptual debates is now shifting toward concrete execution, commercially proven technologies and scalable business models. Judging by the announcements from exhibitors,

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Renewable-energy manufacturing opportunities: Serbia’s role in Europe’s energy-transition supply chain

Europe’s energy transition is not only an energy-system transformation but a manufacturing one. The deployment of renewable generation, grids and storage requires an immense volume of fabricated components—many of them heavy, customised and sensitive to logistics costs. Serbia is increasingly positioned to capture this demand as a near-source manufacturing base for Europe’s energy-transition supply chain.

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Energy costs and manufacturing in Serbia

As the Carbon Border Adjustment Mechanism (CBAM) moves from reporting into its financial phase, manufacturing competitiveness for the EU market is being structurally redefined. Cost is no longer measured only in euros per tonne or euros per unit, but increasingly in kilograms of embedded CO₂ per exported product. For fabrication- and processing-heavy industries, electricity intensity

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Using coal fundamentals in short-term spread strategies in SEE power markets

A trader’s guide to converting lignite production signals into actionable price intelligence Short-term electricity trading in South-East Europe revolves around two fundamental realities: the physical nature of the grid and the behaviour of the generating fleet. Among all conventional technologies, coal remains the single most structurally influential asset class across the region. Its importance is

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