The final turbine foundation has been poured at the Gvozd wind farm, marking a key milestone for one of Montenegro’s largest renewable energy projects. With a total investment exceeding 80 million euros, the project is located between Nikšić and Šavnik and is expected to play a significant role in the country’s transition to clean electricity. […]
Montenegro: Final turbine foundation completed at Gvozd wind farm Read More »
Crude oil deliveries from Russia to Hungary and Slovakia through the Druzhba pipeline were suspended on Monday after damage occurred at a transformer facility, officials from both countries confirmed. The Druzhba route, which passes through Belarus and Ukraine, remains Hungary’s main channel for crude imports and also supplies Slovakia. Hungarian authorities reported being informed that
Croatia’s net electricity production in June 2025 amounted to 905 GWh, marking a 5.3% decrease compared to 956 GWh in June 2024, according to short-term energy statistics published by the Croatian Bureau of Statistics. Hydropower plants generated 370 GWh, accounting for 38.7% of total output. Thermal power plants produced 74 GWh (7.7%), wind farms 212
Croatia: Electricity output falls in June 2025 as imports and petroleum production rise Read More »
A revised preliminary environmental impact assessment for the Dubovik solar power plant has been released for public review following an uncertain legal dispute over the concession award. The project is led by local companies GTI and SunnyFox, which secured the concession in November 2024. A lawsuit challenging the award was filed by a consortium including
For the first time since its reconstruction following the 1999 NATO bombing, the fuel storage site near Pozega is set to add two new tanks, each with a capacity of 2,500 cubic meters. The expansion is included in an Urban Development Project currently on public display by the Municipality of Pozega. The Pozega depot originally
The International Monetary Fund (IMF) resident representative in Serbia, Lev Ratnovski, stated that electricity prices should be adjusted annually based on inflation and underlying energy-sector costs. Implementing an annual pricing formula would help avoid sudden, large increases, provide consumers with greater predictability, and support suppliers in maintaining reliable, high-quality service for households and businesses. During
The company reported continued progress in both production and financial performance, highlighting strong results in its mining division. Coal output exceeded the planned target by 8 percent and was 7 percent higher than in the same period of 2024. To maintain this momentum, EPS is advancing mechanization works at the new Kolubara pit Radljevo, enabling
Romgaz posted a consolidated net profit of 336 million euros in the first half of 2025, a decline of 8.6 percent compared to the same period in 2024, representing a drop of 31.6 million euros. However, second-quarter profit rose 23.04 percent year-on-year. National gas demand grew by about 4 percent in the first six months
Romania: Romgaz H1 2025 net profit falls 8.6% as gas deliveries and market share rise Read More »
The Montenegrin Ministry of Energy and Mining announced that Italian operator Terna’s plan to build a second submarine interconnector with Italy is a strategic project valued at around 500 million euros, with cable installation expected to begin in 2027. Montenegro is preparing key infrastructure to support the initiative, focusing on strengthening regional connectivity and modernizing
Montenegro backs second Italy interconnector as strategic €500M energy link Read More »
North Macedonia’s electricity market operator MEMO launched the national Register of Guarantees of Origin in April and quickly expanded its use, issuing 107,666 certificates in the first two months of operation. The first renewable energy guarantees were awarded on 26 May to state-owned utility ESM for production from its hydropower plants. Activity picked up momentum
North Macedonia expands Guarantees of Origin system to boost green power transparency Read More »
