In June 2025, the average electricity price on Romania’s day-ahead market at the OPCOM exchange was 86.13 euros per MWh, marking an 11.91% decrease compared to June 2024 and a slight 0.28% drop from May 2025, when the average baseload price was 85.9 euros per MWh. The traded volume in June reached 1.16 million MWh, […]
Romania: Electricity prices and volumes decline amid market adjustments in June Read More »
Montenegro plans to offer state-supported market premiums for 250 MW of solar power in its upcoming renewable energy auction. The government has established the necessary regulations to invite bids for solar projects with a minimum capacity of 400 kW. Successful bidders will be those who propose the lowest strike price, which is capped at 65
North Macedonia’s Parliament approved a comprehensive Energy Law in May 2025 requiring the nationwide installation of smart electricity meters. The new law will eliminate estimated consumption billing, ensuring that household and business electricity bills reflect actual usage. The legislation sets ambitious targets: by 2031, 80% of citizens are to have smart meters installed, with full
North Macedonia mandates nationwide smart meter rollout with full coverage by 2035 Read More »
Croatia’s state-owned oil transportation company JANAF has secured a construction permit to build additional fuel storage tanks at its Omisalj Terminal. A public tender for the project is expected to launch in early August. Valued at over 30 million euros and fully financed from JANAF’s own resources, this marks the company’s largest single investment in
Croatia: JANAF to double Omisalj terminal storage capacity with €30 million expansion Read More »
State-owned coal-fired thermal power plant Maritsa East 2 experienced a loss of 51.5 million euros in 2024, a significant downturn compared to a profit of 29 million euros in 2023 and a nearly 610 million euros profit in 2022. This decline is primarily due to falling wholesale electricity prices. Although the plant increased electricity sales
According to Edhem Bicakcic from the national CIGRE committee, Bosnia and Herzegovina’s electricity imports in the first half of 2025 increased fourfold compared to the same period in 2024, reaching a cost of 163.5 million euros. Official data from the Independent System Operator and the Statistics Agency show that domestic electricity generation totaled 6.6 TWh
Albanian state-owned power company KESH has launched a tender to obtain insurance coverage for two mobile gas-fired power plants and their associated infrastructure located in Vlore, with an estimated budget of around 1.8 million euros. The 12-month insurance policy will cover two barge-mounted generation units along with the permanent facilities they depend on. These assets
Albania: KESH launches insurance tender for mobile gas-fired power plants in Vlore Read More »
Slovenia’s last remaining coal-fired power plant, Šoštanj, has shifted its focus in 2025 to prioritize district heating over electricity generation. Although extensive refurbishment of its 600 MW Unit 6 is nearing completion, the unit will remain offline until late September when colder weather increases heating demand. In line with Slovenia’s plan to phase out coal
Slovenia: Šoštanj coal plant shifts focus to district heating amid plans for phase-out Read More »
Romanian natural gas transmission system operator Transgaz has successfully completed the Danube River undercrossing, a critical section of the Tuzla-Podisor gas pipeline. The tunnel stretches 1,813 meters and reaches a maximum depth of 67 meters beneath the riverbed, making it one of Europe’s most ambitious horizontal directional drilling (HDD) projects. During construction, engineers encountered unexpected
The Montenegrin Government has approved a 50 million euro loan request from the state-owned power utility EPCG. The funds, obtained through a long-term loan from Erste Group Bank, will be used to finance electricity imports throughout 2025. This borrowing is necessary to offset the impact of the March 31 shutdown of the coal-fired Pljevlja thermal
