hydro

Serbia to advance Bistrica pump-storage hydropower project to boost renewable integration

Serbia is preparing to advance the long-planned Bistrica pump-storage hydropower project, with initial preparatory activities expected to begin later this year. Full construction will depend on the issuance of a building permit, which authorities anticipate obtaining in 2027, according to Energy and Mining Minister Dubravka Đedovic. The next phase of the project hinges on finalizing […]

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Montenegro: EPCG advances construction of Otilovići small hydropower plant

Montenegrin state-owned power utility EPCG has taken a significant step forward in expanding its renewable energy portfolio with the construction of a new small hydropower plant (SHPP), following the signing of a turnkey agreement with local engineering firm Vigoris Ecotech. The contract covers the complete project delivery, including detailed design, civil works, equipment supply, installation,

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Slovenia: HPP Avce to undergo major generator upgrade, securing long-term green energy role

Slovenia’s only pump-storage hydropower facility is set for a significant technical upgrade after Soske Elektrarne Nova Gorica (SENG), a subsidiary of HSE, finalized an agreement with Japan’s Hitachi Mitsubishi Hydro Corporation (HM Hydro) to refurbish the generator at the Avce plant. The modernization works are scheduled to begin in 2027 and are expected to take

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Bosnia and Herzegovina: Bileca Lake sees strong hydrological recovery boosting 2026 hydropower outlook

Recent rainfall has significantly improved hydrological conditions at the Bileca lake, lifting water levels well above planned benchmarks and strengthening expectations for solid electricity production this year. The reservoir now stands four meters higher than projected, creating favorable conditions for hydropower output. According to officials from “Hidroelektrane na Trebisnjici” (HET), the year has started on

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Bosnia and Herzegovina: ERS awards €1.35m feasibility study contract for Ustibar hydropower project

Bosnian state-owned power utility ERS has completed the selection process for a contractor to prepare the preliminary design and feasibility study for the planned Ustibar hydropower plant, also known as Mrsovo 2. A consortium made up of local companies CPK and Radis, together with Croatia’s Elektroprojekt and the Hrvoje Požar Energy Institute, submitted the winning

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Hydropower in South-East Europe in 2026 with Serbia as the anchor: A quantitative forecast linked to prices, trading and balancing value

Hydropower will be the decisive swing factor for South-East Europe in 2026 because it is simultaneously energy, seasonal storage, and the region’s cheapest source of flexibility. The market has increasingly learned that the same installed hydro fleet can produce two radically different economic outcomes depending on inflows: in a wet year, hydro compresses day-ahead prices,

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Croatia: Končar secures €95 million contract to modernize HPP Varaždin

Croatia’s hydropower sector is set for a significant modernization following the signing of a contract to overhaul generating units at HPP Varaždin. Engineering group Končar has secured the project, valued at €95.2 million excluding VAT, under an agreement with HEP Proizvodnja, the generation subsidiary of the national power utility. The contract covers the complete reconstruction

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Bosnia and Herzegovina: HPP Višegrad increases annual output in 2025 despite December dip

A subsidiary of state-owned power utility ERS “Hidroelektrane na Drini”, the company operating the Višegrad hydropower plant, announced that the facility generated 88.34 GWh of electricity in December 2025, marking a month-on-month decline of 8.8% compared to November, when output reached 96.83 GWh. Despite the decrease, production remained well above the 73.18 GWh recorded in

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From power plants to platforms: Renewable business models in Southeast Europe

By 2025, the renewable electricity sector in Southeast Europe completed a transition that had been underway for nearly a decade but was often misunderstood while it was happening. Wind farms, solar parks and hydro plants ceased to function primarily as isolated production assets and began operating as integrated platforms. This shift did not occur because of

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EPS between reversible hydropower and gas plants: Flagship projects that never cross the point of no return

Within EPS power utility company the story of repeated feasibility does not stop with classical hydropower. It becomes even more pronounced when looking at projects explicitly designed to solve Serbia’s most visible system weaknesses: flexibility, balancing and security of supply. Reversible hydropower and gas-fired generation have been identified for more than a decade as strategic answers

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