In July 2025, a total of 481,815.7 MWh of electricity was traded on the Serbian energy exchange SEEPEX’s day-ahead market, representing a 4.7 percent decrease compared to June and 2.4 percent less than July 2024. The average daily traded volume stood at 15,542.4 MWh. Despite the drop in traded volume, prices increased notably. The average […]
The Perucica hydropower plant, a key asset in Montenegro’s electricity system, has finally been granted its official usage permit after operating under a construction authorization since 1953, state-owned power utility EPCG announced. EPCG highlighted the lengthy delay as an example of slow institutional processes and questioned the reasons behind the long wait and the previous
Montenegro: HPP Perucica receives usage permit after 65 years Read More »
Pljevlja coalmine recorded a net loss of 4.5 million euros in the first half of 2025, worsening compared to a 3.8 million euros loss during the same period last year. Sales revenues declined by 13.7 percent to 19.6 million euros in the first six months of 2025, while operating expenses decreased by 10 percent to
Montenegro: Pljevlja coalmine reports increased losses in H1 2025 amid lower revenues Read More »
Montenegrin fuel retailer Jugopetrol posted a net profit of 3.44 million euros in the first half of 2025, significantly down from 27.8 million euros recorded in the same period last year. Despite the drop, this year’s figure represents a 23.7 percent increase compared to earlier annual trends, with the company having earned 7 million euros
Kazakhstan’s state-owned oil company KazMunayGas (KMG) has successfully delivered its first shipment of crude oil to Hungary, marking a significant milestone in its strategic energy cooperation with Hungary’s MOL Group. The initial cargo of 85,000 tons was transported by sea from the Russian port of Novorossiysk to Croatia’s Omisalj port aboard the vessel Alatau, operated
Hungary: KazMunayGas delivers first crude shipment, strengthens ties with MOL Group Read More »
New natural gas connections in Greece rose by 28 percent in the first half of 2025 compared to the same period last year. Thessaly led the growth with a 48 percent increase, followed by Thessaloniki at 42 percent. Other regions averaged 30 percent growth, while the greater Athens area recorded a more modest 12 percent
Greece sees 28% surge in new gas connections in first half of 2025 Read More »
The Professio Energia group reported consolidated revenues of 15.57 million euros in the second quarter of 2025, while the parent company posted 2.16 million euros in non-consolidated sales. The performance was largely driven by electricity production from the Rudine, Danilo, and Mazin 2 wind farms, operated by VE Rudine, RP Global Danilo, and Liburana, respectively.
Croatia: Professio Energia posts strong Q2 results on rising wind output Read More »
Sunterra RE has signed an agreement with Sungrow Power Supply Co. to deliver 1 GWh of battery energy storage capacity to three of its largest solar power facilities in Bulgaria. The move aims to enhance system-level flexibility, resilience, and energy efficiency. Sungrow will supply its MV-Power Titan 2.0 industrial storage system, which features LFP battery
Bulgaria: Sunterra RE expands battery storage with 1 GWh deal Read More »
Electricity production in Bulgaria reached 24.24 TWh between 1 January and 3 August 2025, marking a 9.74 percent increase compared to the same period in 2024, according to data from the Bulgarian electricity transmission system operator ESO. Electricity consumption also grew, rising by 5.74 percent to 22.76 TWh. As a result, the country recorded net
Bulgaria boosts electricity production and exports in 2025 Read More »
Bosnia and Herzegovina’s state-owned power utility, EPBiH, reported a net loss of approximately 23.3 million euros in the first half of 2025, a deeper deficit compared to the 13.7 million euros loss recorded during the same period in 2024. During the first six months of 2025, the company generated total revenues of 381 million euros,
