Serbian state-owned power utility EPS has entered the winter period with stable coal output and electricity generation, setting the stage for a profitable year in 2025, according to company director Dušan Živković. He emphasized that both households and businesses can rely on a secure and uninterrupted electricity supply, as EPS’ production fleet is fully capable […]
The European Bank for Reconstruction and Development (EBRD) has appointed a consortium to oversee the refurbishment of the Vlasinske hydropower plants, a central part of Serbia’s broader initiative to modernize its energy infrastructure. The project is being implemented by state-owned power utility EPS, which formalized the supervision contract on 1 December. Valued at €2.49 million,
Romania has emerged as one of Europe’s most dynamic solar markets in 2025, recording a sharp acceleration in photovoltaic deployment over the course of the year. Around 2.5 GW of new solar capacity has been added, representing an increase of nearly 50% compared to last year’s installations. This expansion alone accounts for roughly one third
Romania emerges as Europe’s fastest-growing solar market despite EU-wide slowdown Read More »
According to data published by the National Institute for Statistics (INS), electricity consumption in Romania during the first ten months of 2025 totaled 41.46 TWh, representing a 0.2% decline compared to the same period in 2024. The figures indicate a broadly stable demand profile, with notable differences across consumer categories. Industrial electricity consumption reached 31.35
Romania: Electricity consumption and production decline in 2025 as solar output surges Read More »
According to company management, EPCG Solar Gradnja has exceeded its installation targets for the current year, delivering results above initial expectations by early December. Instead of the originally planned 30 MW of newly installed capacity, the company successfully connected a total of 36 MW of solar systems within the first eleven months of the year,
Bulgaria’s state-owned gas supplier Bulgargaz has proposed a reduction in the wholesale price of natural gas to be applied in January 2026, reflecting continued easing in market conditions. According to the proposal, the price for January is expected to be around €31.2 per megawatt-hour (MWh), marking a 3.3% decrease compared with the price approved for
Scenario one: High volatility, tight LNG markets In a scenario characterised by global LNG tightness, regulatory uncertainty, and persistent geopolitical risk, European gas prices remain volatile with frequent spikes. Average prices may moderate, but extreme events become more common. Under this scenario, Serbian exporters without flexibility face chronic margin pressure. Steel and ceramics suffer the
2030–2035 scenario annex: Gas prices, CBAM and export margins Read More »
Flexibility as a cost-control mechanism Flexibility has become the primary tool for managing gas-driven volatility. In the Serbian context, flexibility does not mean eliminating gas use but managing when and how gas and electricity are consumed. At the system level, flexibility reduces exposure to marginal pricing. At the plant level, it allows producers to avoid
Gas–power flexibility models for Serbian industries Read More »
Serbian exporters increasingly face a strategic choice: treat gas and electricity as separate procurement streams or integrate them into a unified energy risk strategy. The latter approach is rapidly becoming essential. Gas procurement indexed fully to TTF offers flexibility but exposes companies to extreme volatility. Electricity procurement based on short-term wholesale markets compounds this risk
Gas vs electricity procurement: Strategic choices fo Serbian exporters Read More »
Steel: Gas as a volatility multiplier rather than a fuel cost In Serbia’s steel industry, gas sensitivity manifests less through average cost levels and more through volatility transmission. Gas is used directly for heating and indirectly via electricity consumption in rolling, casting, and finishing processes. While gas may represent a minority share of total energy
Sector-by-sector gas cost sensitivity in Serbian export industries Read More »
