electricity

Region: Southeast Europe electricity prices surge in Week 37 of 2025

During Week 37 of 2025, electricity prices across Southeast European (SEE) countries rose significantly compared to Week 36. All markets reported weekly average prices above €100/MWh, except for Türkiye. The increase was driven by higher gas and CO2 emission allowance prices, lower solar output, and recovering demand across most markets. Prices averaged around €101/MWh, peaking […]

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Serbia engages Rosatom in talks on potential nuclear power plant following ban lift

Serbian authorities have begun substantive discussions with Russian state-owned nuclear energy company Rosatom regarding the possible construction of a nuclear power plant, according to Serbian Ambassador to Moscow Momčilo Babić. He stressed that Serbia needs new electricity sources and expects tangible progress in the coming years. The shift in national policy became possible after the

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North Macedonia: Solar power expansion drives renewable energy growth to 41% of electricity production

In recent years, North Macedonia has seen consistent growth in installed solar power capacity, reflecting rising interest and investment in renewable energy. According to data from the Regulatory Commission for Energy (RKE), the country had reached 848 MW of installed solar capacity by the end of 2024. The pace of development has been rapid. In

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Bulgaria: Electricity production and RES share rise in early 2025

According to data published by the Bulgarian electricity transmission system operator ESO, electricity production in Bulgaria from 1 January to 14 September 2025 increased by 7.7% compared to the same period in 2024, reaching 28.71 TWh. During the same period, electricity consumption rose by 5.4%, totaling 26.72 TWh. As a result, net electricity exports reached

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Bosnia and Herzegovina: Buk Bijela hydropower project deadline extended amid legal disputes

The Government of the Republic of Srpska (RS) has approved an extension for the construction timeline of the Buk Bijela hydropower plant on the Drina River near Foča. The decision was formalized through Annex II of the concession agreement, which also increases the planned capacity of the plant. Under the revised schedule, the preparatory phase—which

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Albania: Blue 2 solar power plant secures €20 million financing to expand 100 MW project

The special purpose vehicle Blue 2, a joint venture between Matrix Konstruksion and Blessed Investment, has secured financing to build a 50 MW solar power plant near Fier. The project is supported by a syndicated loan of €20 million. Tirana Bank, serving as the lead of the syndicate, is providing the largest portion of the

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Montenegro: Sinjajevina plateau wind farm approved; 44 turbines to generate 944 GWh annually

A new wind power project on the Sinjajevina plateau has received official approval, spearheaded by local company N1. The project envisions the construction of 44 wind turbines, each with a capacity of 6.6 MW, for a total installed capacity of 290.4 MW. Annual electricity generation is estimated at 944 GWh. The Environmental Protection Agency has

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Greece weighs restart of offshore wind program amid market uncertainty

The Ministry of Environment and Energy is considering restarting Greece’s offshore wind program, focusing for now on preparatory work rather than immediate commitments. No final decision has been made, but discussions are underway as the government weighs market uncertainties and technological challenges. Officials cite several reasons for caution. Floating wind technology remains expensive, auction systems

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Croatia to gradually phase out energy subsidies, raising household bills from November

From 1 November, Croatian households will face higher electricity and heating costs as the government begins phasing out subsidy measures under its ninth support package worth €175 million. The plan seeks to balance assistance for citizens, businesses and institutions with a gradual return to market pricing. During the subsidy period, the average monthly electricity bill

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Europe: Wind energy capacity set to surge to 441 GW by 2030 despite major challenges

Europe is preparing for a major expansion of its wind energy sector, though significant challenges remain. By 2030, total installed capacity is expected to reach 441 GW, an increase of 178 GW compared to current levels. EU-27 member states are projected to add 133 GW, bringing their combined capacity to 344 GW. By mid-2025, the

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