electricity

EMS – What was promised, done and what remains unfinished

Elektromreža Srbije (EMS) has in recent years constantly stood at the center of energy debates, strategic announcements and major promises about modernization, European integration, support for renewables and strengthening system stability. At the same time, Serbia has entered a period of energy transition, growth of wind farms, increasing market demands and pressure to lift its […]

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Europe: Electricity prices rise mid-December amid higher gas, CO₂ costs, forecasted to fall next week

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

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Europe: Electricity demand rises mid-December before forecasted decline

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

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Serbia becomes first non-EU country to align electricity market with EU standards

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

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Romania: DRI commissions 126 MW Vacaresti solar plant, expanding portfolio to nearly 300 MW

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

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Romania launches 550 MW solar projects in Oltenia to accelerate energy transition

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

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Montenegro: EPCG selects Vigoris Ecotec to build Otilovici 2.6 MW small hydropower plant

Montenegrin state-owned power utility EPCG has made a key step toward constructing the Otilovici small hydropower plant (SHPP) by selecting the winning bid in a public procurement valued at 6.8 million euros. The tender, conducted as an open procurement process, covers the full delivery of the project, including detailed design preparation, civil construction, supply and

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Hungary: Solarpro secures LONGi modules for 450 MW solar project in Heves County

A large-scale solar development in Hungary has secured its core technology supplier, as engineering and construction specialist Solarpro awarded a major module contract to Chinese manufacturer LONGi. The project, located in Heves county, is set to become one of the largest single solar installations planned in the country. Under the agreement, LONGi will supply modules

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Hungary accelerates Paks nuclear expansion amid energy security concerns

Hungary’s flagship nuclear expansion project at Paks has entered a faster phase of implementation, with construction activities advancing ahead of schedule. According to Foreign Minister Peter Szijjarto, the acceleration comes after the completion of all required permitting procedures and the absence of European or US sanctions affecting the investment. Minister Szijjarto stated that the project

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Romania: Croatian ENNA Group launches first large-scale solar project near Bucharest

A new large-scale solar project near Bucharest marks ENNA Group’s entry into the Romanian renewable energy market and represents its first major investment outside Croatia. Construction has now begun on the solar power plant, which will significantly expand the group’s regional footprint. The facility, with a planned capacity of 87.5 MW, is being developed in

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