French renewables developer Valorem has completed its first wind energy project in Greece—a 27 MW wind farm on Mount Askio near Kozani. The site, once associated with lignite-based power generation, now hosts six Vestas V150 turbines, each with a capacity of 4.5 MW. Named Anatoliko Askio – Magoula, the wind farm is expected to generate […]
Greece: Valorem launches first wind farm on former lignite site Read More »
According to the Bulgarian National Statistical Institute, electricity production in March 2025 dropped by 17.6% compared to February, reaching 3,472 GWh. Electricity consumption also fell by 18.3% to 2,943 GWh. Compared to March 2024, electricity production rose by 5%, while consumption declined by 1%. Natural gas consumption in March 2025 was 261 million cubic meters,
Bulgaria sees sharp decline in energy production and consumption in March 2025 Read More »
The Chinese company Zhongbo Group, owned by Everest Power Private Limited, is progressing with plans to build the wind farm Trebinje 1 in the Republic of Srpska. The City Assembly of Trebinje has approved the launch of a zoning plan, marking the first official step in the project’s development. Preliminary fieldwork and investigative studies have
The coal-fired thermal power plant Stanari, operated by the EFT Group, recorded a net profit of 19.7 million euros in 2024. The plant generated revenues of 116.4 million euros, down from 140 million euros in 2023. This decline in income significantly affected profitability, as net profit fell from 42 million euros the previous year. Despite
North Macedonia’s state-owned power company ESM has partnered with Danish wind technology firm Siemens Gamesa Renewable Energy to advance the next phase of the Bogdanci wind farm project. This expansion involves an investment of 37.6 million euros and will add four wind turbines, each with a capacity of 3.4 MW, increasing the wind farm’s total
North Macedonia expands Bogdanci wind farm in €37.6 million renewable energy push Read More »
Greece’s long-delayed shift to smart electricity metering is now making notable progress after several years of delays. The initiative, which initially focused on high-consumption users such as hotels, restaurants, and large homes, is now expanding to include smaller households and medium-usage consumers across the country. Currently, more than 10,000 smart meters are being installed each
On 29 May, a formal inspection of the Vertical Gas Corridor infrastructure was held near the village of Mikrevo in southwestern Bulgaria. The event brought together key representatives from the Bulgarian Government, the gas transmission system operator Bulgartransgaz, construction company Glavbolgarstroy, as well as senior officials from Greece and Hungary, including the Greek Minister of
The Federation of Bosnia and Herzegovina (FBiH) is moving forward with plans to establish a comprehensive legal framework for the natural gas sector through the adoption of a new Gas Law. This legislation is designed to regulate the full value chain, including production, distribution, storage, and supply. It aims to align the energy system with
At the 39th European Gas Regulatory Forum held in Madrid, Director of the Energy Community Secretariat Artur Lorkowski presented an overview of recent regional developments and outstanding challenges. He pointed out ongoing progress in decarbonizing the energy sector and enhancing the independence of network operators. While most network codes have been adopted into national legislation,
Serbia possesses significant untapped geothermal energy resources that have the potential to play a key role in the country’s energy transition. Ivan Jankovic, Deputy Minister of Mining and Energy, highlighted the importance of incorporating geothermal energy into Serbia’s overall energy strategy. As part of an initiative aimed at improving energy efficiency in state-owned buildings, the
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