Bosnia and Herzegovina: ERS to finally implement net metering contracts for prosumers starting August 6

After three years of effectively shortchanging prosumers, the state-owned power utility Elektroprivreda Republike Srpske (ERS) has announced that, starting August 6, prosumers will be able to sign electricity supply contracts under the net metering scheme. Since the Renewable Energy Law was adopted, ERS had largely avoided implementing net metering. During this period, electricity generated by […]

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EU plans new sanctions to slash Russian oil price cap and pressure Moscow toward diplomacy

The European Union is preparing a new wave of sanctions targeting Russia’s energy and financial sectors to increase pressure and encourage diplomatic negotiations. Central to the plan is a proposal to lower the existing price cap on Russian oil exports from $60 to $45 per barrel. This move aims to significantly reduce Russia’s oil revenues,

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Serbia: EPS launches tender for FIDIC engineer to oversee final stage of Kostolac B3 project

Serbia’s state-owned power utility, Elektroprivreda Srbije (EPS), has initiated a public procurement process to hire a consultant who will serve as the FIDIC engineer for the concluding phase of the Kostolac B3 thermal power plant project. The estimated value of the contract is around 600,000 euros. The role, defined under the FIDIC “Yellow Book” framework,

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Romania approves 246 MW Ialomita Nord wind farm, backed by CfD mechanism

Romania’s Energy Regulatory Authority (ANRE) has approved the construction of the Ialomita Nord wind farm, a major renewable energy project with a planned capacity of over 246 megawatts (MW). The initiative is being developed by Portuguese energy company Greenvolt through its Romanian subsidiary, Tandarei Solar. Ialomita Nord is set to become one of the largest

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Romania: Electricity market sees moderate price rise and lower volume in May 2025

In May 2025, the average price of electricity on the day-ahead market of Romania’s OPCOM energy exchange reached 85.9 euros per megawatt-hour (MWh). This marks a 5.14% increase compared to May 2024, but a slight 0.64% decrease from April 2025, when the average price was 86.44 euros/MWh. The total traded volume on the day-ahead market

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Montenegro: EPCG seeks international partner for controversial HPP Komarnica project

Montenegro’s state-owned power utility, EPCG, is preparing to bring an international partner on board to support the development of the long-delayed Komarnica hydropower plant. Designed to have an installed capacity of 172 megawatts and produce approximately 213 gigawatt-hours of electricity annually, the project is part of EPCG’s broader hydropower expansion strategy. Alongside Komarnica, EPCG is

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Bulgaria: Solar sector hit by sharp eco tax hike starting July 2025

Starting 1 July 2025, Bulgaria’s solar energy sector will be hit with a sharp rise in environmental taxes, placing them among the highest in the European Union. A new report from the Bulgarian Association for Electrical Engineering and Electronics (BASEL) highlights the sweeping changes set to affect the cost of solar energy systems, including photovoltaic

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Slovenia: SENG launches first phase of Kanalski Vrh solar power plant

Slovenian renewable energy company Soske Elektrarne Nova Gorica (SENG) has begun the initial phase of its new solar power plant in Kanalski Vrh. This first stage adds 2.9 MW of installed capacity, marking an important milestone in Slovenia’s ongoing solar energy development. The project’s initial phase was fully financed using SENG’s internal funds, with an

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Serbia advances energy security with new gas pipelines and oil supply diversification

Serbia plans to build two new gas pipelines over the next three years, connecting the country to North Macedonia and Romania. These projects, supported by the European Union, aim to strengthen Serbia’s energy network and diversify its gas supply routes. The pipeline to North Macedonia will link Serbia to the Trans-Anatolian (TAP) pipeline, providing access

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