electricity

Romania ends 2024 as net electricity importer amid weak hydropower and wind output

In 2024, Romania became a net importer of electricity due to a poor performance from its hydropower plants and underwhelming wind energy generation. According to the National Institute of Statistics (INS), electricity exports totaled 10.8 TWh, while imports reached 13.8 TWh, resulting in a commercial deficit of 3 TWh. From a financial perspective, electricity exports […]

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Romania: Hidroelectrica launches €20 million tender for Pascani hydropower project

Romanian state-owned electricity producer Hidroelectrica has allocated approximately €20 million (excluding VAT) for advancing the Pascani hydropower plant (HPP) project on the Siret River. The investment focuses on acquiring and installing hydromechanical systems for four gates of the spillway dam. The contract encompasses a full turnkey solution, including design services, construction work, as well as

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Romania advances small modular reactor project at Doicești amid growing energy demands

Romania’s small modular reactor (SMR) initiative at Doicești is making steady progress, according to Cosmin Ghita, CEO of state-owned electricity producer Nuclearelectrica. The project is currently in the second phase of Front-End Engineering and Design (FEED 2), where detailed site evaluations and design adaptations are being carried out to ensure seamless integration with the national

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Romania proposes financial guarantee for electricity market contracts to enhance stability and accountability

Romania’s National Energy Regulatory Authority (ANRE) has issued a draft order for public consultation that proposes the introduction of a financial guarantee for electricity market contracts. Set at 30% of the contract value, the guarantee is intended to bring more structure and stability to the electricity trading environment, according to ANRE President George Niculescu. Under

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Montenegro: Average household electricity bill in March 2025 drops 6.2% from February

In March 2025, the average electricity bill for households amounted to 38.48 euros, reflecting a 6.2% decrease from the previous month (41.03 euros) and a 10.7% increase compared to March 2024 (34.76 euros). Zabljak municipality recorded the lowest average bill at 18.3 euros, while Tivat had the highest at 50.8 euros. 59% of households paid

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Bosnia and Herzegovina: EBRD launches tender for construction of three new solar power plants

The European Bank for Reconstruction and Development (EBRD) has announced a tender for the design and construction of three solar power plants on behalf of Bosnia and Herzegovina’s state-owned power utility, Elektroprivreda BiH (EPBiH). The tender includes the Podvelezje 3, Gornja Breza, and Visca solar power plants. Interested bidders have until 26 May to submit

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Bosnia and Herzegovina: Republic of Srpska grants concession for Nova solar power plant

The Ministry of Energy and Mining of the Republic of Srpska has signed a concession agreement with local company Helios PV for the construction and operation of the Nova solar power plant, to be located in the Trebinje area. The planned solar facility will have an installed capacity of 12.249 megawatts (MW) and is expected

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Montenegro plans 4 GW in renewables, seeks stronger energy ties with Italy

Montenegro has plans to develop solar and wind energy projects totaling 4,000 MW, according to Admir Šahmanović, Minister of Mining, Oil and Gas and the Coordinator of the Ministry of Energy. Speaking at the Economic Dialogue Montenegro-Italy round table, Šahmanović emphasized the need for stronger bilateral cooperation in the energy sector and highlighted Montenegro’s strong

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