Montenegro is considering storing a portion of its mandatory oil reserves abroad if an agreement cannot be reached to use Jugopetrol’s tanks at the Port of Bar. Potential options under discussion include Italy, Croatia, Slovenia, and Greece, where the government is seeking formal cooperation and host approvals. State-owned storage at the Bar Terminal remains the […]
In July 2025, the average household electricity bill in Montenegro was 65.3 euros. Of households, 58.5% will pay less than 30 euros, 18.05% between 30 and 50 euros, 17% between 50 and 100 euros, and 6.45% will receive bills above 100 euros. A total of 193,800 regularly paying customers, representing approximately 47.85% of all consumers,
Quest Holdings has signed a binding agreement to sell 36.7 MW of operating solar assets in Greece for approximately 36 million euros. The transaction will be carried out by its subsidiary Quest Energy, with the portfolio transferring to an undisclosed international independent electricity producer outside the Quest Group. The solar plants involved in the deal
Gastrade has resumed unloading and regasification operations at the Alexandroupoli LNG terminal, though at a reduced capacity. Daily regasification is currently limited to up to 45.4 GWh/day, supported by backup high-pressure pumps that cover only 25% of the terminal’s nominal gasification capacity. The capacity cap is expected to be lifted at the start of the
Greece: Gastrade restarts Alexandroupoli LNG terminal at reduced capacity Read More »
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
