If Serbia proceeds toward nuclear power, it will not simply be building a power plant. It will be inserting a structural force into the heart of the Southeast European electricity system, altering market psychology, regional trade dynamics, balancing requirements, grid planning priorities, and even political leverage embedded inside electricity exchanges. For a region traditionally defined […]
When Serbia lifted its three-decade ban on nuclear power construction, it was widely framed as an energy policy decision. That description is accurate but incomplete. Nuclear power, perhaps more than any other form of infrastructure, extends far beyond electricity production. It creates dependency chains that last half a century, ties a country’s regulatory and technological
Serbia today stands at a rare historical turning point in its energy strategy. For more than three decades, nuclear power in the country existed only as a theoretical subject of academic debate, largely overshadowed by a legal prohibition introduced in 1989 in the aftermath of Chernobyl, public fear, and a national power system structurally dependent
During the week of December 15, Brent crude oil futures for the Front Month on the ICE market experienced fluctuations, reaching their weekly maximum settlement price of $60.56 per barrel on Monday, December 15. This represented a slight 0.9% decline compared to the last session of the previous week. Prices continued to fall, hitting the
During the third week of December, average electricity prices rose in most major European markets compared to the previous week. The Nord Pool market in the Nordic countries was the exception, falling by 32%. Among the increases, Germany’s EPEX SPOT market recorded the smallest rise at 1.4%, while the UK’s N2EX market saw the largest
During the week of December 15, electricity demand rose across most major European markets compared to the previous week, reversing the downward trend seen earlier. The German market was the exception, experiencing a second consecutive week of decline, with demand falling by 3.1%. The British and Portuguese markets recorded the largest increases, at 4.9% and
Europe: Electricity demand rises mid-December before forecasted decline Read More »
During the week of December 15, solar photovoltaic (PV) energy production declined across most major European electricity markets compared to the previous week. The Italian market experienced the steepest drop, falling by 41%, followed by the French and Spanish markets with decreases of 26% and 19%, respectively. The Portuguese market saw the smallest reduction at
Serbia has emerged as a leader in energy market integration among Energy Community members, becoming the first non-EU country to meet the technical and legal requirements for linking its electricity market with the European Union. Serbian Minister of Energy and Mining, Dubravka Djedovic, stated that Serbia has completed the full harmonization of its electricity legislation
Serbia becomes first non-EU country to align electricity market with EU standards Read More »
Romania’s solar capacity has expanded further with the commissioning of the Vacaresti solar power plant, a 126 MW project developed by DRI, the renewable energy arm of Ukrainian DTEK. With the facility now producing electricity, DRI’s operational portfolio in Romania has grown to nearly 300 MW. Construction of the Vacaresti project progressed rapidly, reaching completion
Romania’s energy transition in the Oltenia region has entered a new phase, with construction underway on a portfolio of utility-scale solar projects totaling roughly 550 MW. The developments are being carried out jointly by OMV Petrom and the state-owned electricity producer Energy Complex (EC) Oltenia. The projects span four locations historically linked to coal-based electricity
Romania launches 550 MW solar projects in Oltenia to accelerate energy transition Read More »
