Croatia: Monter-led consortium secures majority of Krk LNG pipeline contracts

A local consortium led by Monter-Strojarske Montaže has established itself as the leading contractor in Plinacro’s €530 million gas pipeline project, which will connect the LNG terminal on the island of Krk with Croatia’s mainland gas network and extend toward Hungary and Slovenia. The pipeline is divided into four segments, and Monter and its partners […]

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Bosnia and Herzegovina: Solar boom sparks grid concerns, legal battles and allegations of corruption

By the end of 2025, five new solar power plants with a combined capacity of around 100 megawatts are expected to begin operation in Herzegovina. These include projects near Stolac, Medjugorje, and Livno, as well as two additional sites around Mostar. However, the country’s independent transmission operator, NOSBiH, has warned that a similar pace of

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Bulgaria: Kozloduy nuclear power plant to temporarily shut down Unit 6 for preventive maintenance

The operator of Bulgaria’s Kozloduy nuclear power plant has announced that Unit 6 will be taken offline at the end of this week, on July 19, to address a small coolant leak discovered in the third steam generator. The scheduled maintenance is expected to be completed by the end of the month. This precautionary shutdown

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Europe: Brent oil and TTF gas prices rise amid geopolitical tensions, CO₂ allowances dip slightly

During the second week of July, Brent oil futures for the Front Month on the ICE market generally followed an upward trend. The exception was Thursday, July 10, when the settlement price dropped by 2.2% from the previous day, reaching the week’s lowest settlement price of $68.64 per barrel. However, on Friday, July 11, prices

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Europe: Electricity prices fall in early July amid higher solar output, set to rise on lower wind and increased demand

During the second week of July, average electricity prices decreased in most major European markets compared to the previous week. The exceptions were the United Kingdom’s N2EX market and the Nordic countries’ Nord Pool market, which saw price increases of 9.9% and 67%, respectively. France’s EPEX SPOT market experienced the largest percentage drop at 34%.

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Europe: Electricity demand drops in early July amid cooling temperatures, mixed forecasts for mid-July

During the week of July 7, electricity demand declined across the main European electricity markets compared to the previous week, reversing the upward trend seen in the prior period. Italy experienced the largest drop after six consecutive weeks of growth, with demand falling by 12%. Other markets saw decreases ranging from 1.3% in Great Britain

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Europe: Solar and wind energy show mixed trends with record solar growth in July 2025

During the week of July 7, solar photovoltaic (PV) energy production increased in the markets of France, Italy, and Spain compared to the previous week. The French market continued its upward trend for the second consecutive week, recording the most significant growth at 9.1%. Italy and Spain reversed their previous week’s declines, with production rising

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Serbia advances nuclear energy plans with long-term strategy and global partnerships

Serbia has completed a foundational technical assessment exploring how nuclear energy could support its peacetime electricity mix. The study, carried out with French experts and aligned with International Atomic Energy Agency (IAEA) guidelines, outlines a three-phase process. The initial phase, expected to last between five and seven years, focuses on planning implementation steps, conducting further

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Serbia: EPS launches trial phase of Petka solar power plant, boosts renewable push at Kostolac

The 10 MW Petka solar power plant has officially entered its trial phase, becoming the first solar facility to generate electricity at the Kostolac site. Built on the reclaimed land of a former mining tailings dump, the project highlights state-owned utility EPS’s commitment to cleaner energy solutions. In parallel, EPS is progressing with its on-site

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Romania: R.Power to build 55 MW solar power plant, expanding Eastern European portfolio

Polish renewable energy developer R.Power has unveiled plans to construct a 55 MW solar power plant in northwestern Romania, marking another step in its expansion across Eastern Europe. Known as the Lazuri solar power plant, the project is set to begin construction in the third quarter of 2025 and is expected to be fully operational

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