electricity

Slovenia: Šoštanj coal plant shifts focus to district heating amid plans for phase-out

Slovenia’s last remaining coal-fired power plant, Šoštanj, has shifted its focus in 2025 to prioritize district heating over electricity generation. Although extensive refurbishment of its 600 MW Unit 6 is nearing completion, the unit will remain offline until late September when colder weather increases heating demand. In line with Slovenia’s plan to phase out coal […]

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Montenegro approves €50 million loan to fund electricity imports during Pljevlja power plant upgrade

The Montenegrin Government has approved a 50 million euro loan request from the state-owned power utility EPCG. The funds, obtained through a long-term loan from Erste Group Bank, will be used to finance electricity imports throughout 2025. This borrowing is necessary to offset the impact of the March 31 shutdown of the coal-fired Pljevlja thermal

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North Macedonia: Day-ahead electricity trading surges 21.7% in June 2025

In June 2025, North Macedonia’s day-ahead electricity exchange recorded a traded volume of 94,654.8 MWh, marking a 21.7 percent increase compared to 77,782.1 MWh in the same month the previous year. The volume was also 9.7 percent higher than in May 2025. The electricity market operator MEMO reported that the average market-clearing price for June

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Greece: Offshore wind ambitions stalled as key approvals remain pending

Greece had aimed to develop 1.9 GW of offshore wind capacity by 2030, but progress has stalled. The key framework for this plan, the National Development Program, is still awaiting formal approval despite the joint ministerial decision being finalized in October 2024. Nearly a year later, no additional steps have been taken. Consequently, auctions for

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Croatia: CROPEX sees rise in electricity trading volume and prices in June 2025

In June 2025, a total of 1,204,390.1 megawatt-hours (MWh) of electricity was traded on the Croatian energy exchange CROPEX, marking a 1.6 percent increase compared to May. Of this volume, 970,978.1 MWh was traded on the day-ahead market and 233,412 MWh on the intraday market. Compared to June 2024, this represents a 23.9 percent year-on-year

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Bulgaria: Kozloduy NPP unaffected by Danube drop as heat forces shutdowns elsewhere in Europe

The Bulgarian nuclear power plant Kozloduy has confirmed that the recent drop in the Danube River’s water level has not affected its operations or electricity production. On July 4, 2025, water depth at the plant’s intake measured 21.50 meters, which remains 0.53 meters above the record low observed at the end of summer in 2003.

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Montenegro: EPCG to keep retail electricity prices steady while exploring new energy investments

Milutin Đukanović, Chairman of the Board at Montenegro’s power utility EPCG, announced that retail electricity prices will remain stable through the end of the year. However, the company plans to review its discount policy, ensuring that households with monthly bills up to 50 euros will continue to receive discounts, protecting low-consumption customers from significant price

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Greece: Variable electricity prices surge in July as suppliers push fixed-rate plans

In July, the price of variable-rate electricity rose sharply, reaching levels not seen since state support ended earlier this year. Recent supplier announcements show that the average price for a variable “green” kilowatt-hour has climbed to around 0.18 euros, marking increases ranging from 4% to 15%. This price hike is partly due to fluctuations in

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Croatia begins environmental review for 99 MW Boksic solar power plant with battery storage

Croatia’s Ministry of Environmental Protection and Green Transition has initiated the process to determine if a full environmental impact study is necessary for the proposed 99 MW Boksic solar power plant, which will include an integrated battery energy storage system (BESS). Once operational, the solar facility is expected to produce nearly 120 GWh of electricity

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Bulgaria advances nuclear expansion and pump-storage hydropower to support green energy transition

The Bulgarian Government has placed high priority on expanding the Kozloduy nuclear power plant with two new reactors and developing four additional pump-storage hydropower facilities. These flagship projects aim to establish a secure, competitive, and environmentally friendly energy system aligned with EU climate objectives. Energy Minister Zhecho Stankov announced that unit 7 at Kozloduy is

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