The Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 4.3% decrease in wholesale natural gas prices for December 2025, exceeding the 1% reduction initially proposed by public supplier Bulgargaz in mid-November. The new wholesale price stands at around €32.2/MWh, excluding VAT and excise duty. This follows a 7.88% increase approved for November. […]
Bulgaria lowers wholesale gas prices for December 2025 Read More »
Coalmine and thermal power plant (RiTE) Ugljevik is set to borrow approximately €10 million, with the Government of the Republic of Srpska (RS) preparing to approve both the loan and its state guarantee. The facility plans to use the five-year loan primarily to refinance existing obligations, according to the latest government session. The loan decision
Minister of Energy and Mining of the Republic of Srpska (RS), Petar Djokic, stated that RS does not anticipate fuel shortages even if the Serbian refinery in Pancevo halts production this week. Following a meeting with representatives of fuel distributors, Minister Djokic said that companies operating in the entity confirmed they have secured stable supply
Bosnia and Herzegovina: RS assures stable fuel supply amid Pancevo refinery uncertainty Read More »
By 2035, Serbia will be a profoundly different energy and economic system than the one it operates today. The country stands at the threshold of a rare structural transformation—one that touches electricity, industry, manufacturing, transport, construction, finance and regional trade. If Serbia fully commits to its renewable trajectory, the nation will not merely decarbonize its
Serbia 2035: The fully integrated renewable economy Read More »
Serbia’s renewable-energy sector is expanding at a pace the country has never experienced before. Wind farms, solar parks, hybrid plants, substations, transmission corridors, battery systems and industrial PPAs are all driving a surge in investment that will transform the energy landscape over the next decade. But beneath the visible momentum lies the most critical constraint—and
The future of Serbia’s renewable-energy sector will not be decided by auctions, PPA structures, investor appetite or available land. These elements shape the market, but they do not define its limits. The true bottleneck—and the ultimate enabler—of Serbia’s energy transition is the transmission grid. Every planned wind farm, solar park, battery system, hybrid plant or
As Serbia accelerates its renewable-energy transition, a deeper strategic question has begun to emerge: can the country evolve from being merely a construction market for wind and solar plants into a manufacturing and supply-chain hub for Europe’s renewable ecosystem? The answer carries enormous implications for Serbia’s industrial competitiveness, export potential, workforce development and long-term economic
As Serbia accelerates the growth of its renewable-energy sector, an uncomfortable truth is becoming visible: wind and solar alone cannot deliver a stable, reliable and flexible power system. The grid absorbs what it can, but its structural limitations are becoming clearer with each new project. Transmission corridors in Banat saturate during peak winds. Distribution networks
In Serbia’s expanding renewable-energy sector, the relationship between engineering and finance is becoming clearer than ever. The two were once treated as separate worlds—the engineers focused on foundations, cables, substations and turbines, while financiers focused on debt structures, IRR curves, PPA prices and repayment schedules. But the maturing market has erased this separation. In a
For decades, Serbian industry operated in an electricity environment defined by state utilities, regulated tariffs and predictable—if sometimes volatile—market conditions. Manufacturers, logistics companies, metal processors, chemical plants, IT parks and agribusiness operators all relied on a stable supply of relatively affordable power. The structure was simple: EPS generated the energy, EMS moved it across the
PPA revolution: How corporate PPAs will reshape Serbia’s industrial competitiveness Read More »
