The construction of the Southern Gas Interconnection is expected to become the most important infrastructure investment in Bosnia and Herzegovina this year, according to energy expert Edhem Bičakčić, marking a historic turning point for the country’s gas sector and overall energy security. By linking Bosnia and Herzegovina to the European gas market through Croatia and […]
Serbia has formally initiated the drafting of a new law that will specifically regulate the exploration and production of hydrocarbons, marking a significant shift in sector governance. The initiative was announced by the Ministry of Mining and Energy at the end of last year. According to the policy outline, the proposed legislation is designed to
Serbia moves forward with dedicated Hydrocarbons Law Read More »
A significant financing milestone has been achieved for Romania’s Mintia gas-fired power plant after Emirates Islamic approved a $500 million structured funding package for Mass Group Holding. The deal ranks among the largest Islamic finance transactions linked to European energy infrastructure. The funding will support construction of the 1,700 MW Mintia plant in northwestern Romania,
Romania: Major Islamic financing secured for Mintia gas power plant Read More »
Montenegro’s electricity transmission network is set for a significant transformation as the country’s transmission system operator, CGES, prepares an investment program exceeding €200 million over the next five years. The initiative aims to reinforce system reliability, expand cross-border connectivity, and enable the integration of new renewable energy projects. Recent investments have already delivered tangible results.
Montenegro launches major electricity transmission upgrade Read More »
A total of 1,087,877 MWh of electricity was traded on the Croatian energy exchange (CROPEX) in December 2025, representing an 8% decrease compared to October. Of this total, 880,731.5 MWh was traded on the day-ahead market and 207,145.5 MWh on the intraday market. Compared with December 2024, traded volume increased by 3.2%. The average daily
Croatia: CROPEX electricity trading data – December 2025 Read More »
Bulgaria’s electricity sector reached a historic milestone in 2025, as renewable energy sources became the country’s second-largest producer of electricity, surpassed only by nuclear power. For the first time, combined generation from solar, wind, hydropower, biomass, and waste exceeded output from coal-fired plants, signaling that the energy transition has moved from concept to reality. Data
A major shift may be underway in the global oil market as US energy giant Chevron and private equity firm Quantum Capital Group prepare a joint bid for the foreign operations of Russia’s Lukoil. The proposed transaction is valued at approximately $22 billion, covering Lukoil’s assets outside of Russia. The move comes amid Lukoil’s efforts
Last year marked a turning point for solar power in the European Union, according to data from Eurelectric. Electricity generation from solar installations surged to more than 340 TWh, lifting solar’s share in the EU energy mix to a record 12.5 % and contributing to a reduction of overall emissions to around 45 % of
The 400 kV transmission link between Montenegro and Italy is not just another piece of cross-border infrastructure. It is a structural intervention in the Western Balkan–Italian power market, one that redefines price formation, balancing flows, investment logic and long-term system liabilities on both sides of the Adriatic. In practical terms, it turns Montenegro from a peripheral,
The European Commission’s decision to accelerate and scale up Europe’s electricity grid expansion is not simply a technical upgrade programme. It is a structural market intervention whose consequences will be felt most sharply in peripheral but highly interconnected regions such as South-East Europe (SEE). While the stated objectives are lower energy prices, faster renewable integration
Europe’s grid build-out and the strategic repositioning of SEE’s power markets Read More »
