hydro

North Macedonia moves forward with major hydropower projects Cebren and Galiste

North Macedonia is advancing a large-scale energy investment focused on the development of two hydropower facilities: Cebren and Galiste. The total estimated value of the initiative is between 1.2 and 1.3 billion euros. Prime Minister Hristijan Mickoski confirmed that negotiations are ongoing, with the country aiming to finance the construction primarily through a loan from […]

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Bulgaria: HPP Chaira reaches major milestone in modernization efforts

Bulgaria’s pumped-storage hydropower plant Chaira has reached a significant milestone in its ongoing modernization. In mid-May, Unit 2 officially received final regulatory approval, marking the successful completion of its restoration. With this clearance, the National Electricity Company (NEK) is now authorized to fully integrate the unit into the national electricity network, finalizing the last stage

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Serbia: Pumped-storage hydropower plant Bistrica progresses as strategic energy project

Representatives from Serbia’s state-owned power utility EPS, local authorities, and non-governmental organizations held a presentation in Nova Varoš to discuss the construction of the Bistrica pumped-storage hydropower plant. Aleksandar Jakovljević, Executive Director for Investments and Development at EPS, underlined the importance of the Bistrica project, calling it the most significant ongoing energy initiative in Serbia.

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Bosnia and Herzegovina: HPP Višegrad set for major modernization project

The subsidiary company Hidroelektrane na Drini, part of Elektroprivreda Republike Srpske (ERS), has initiated a public procurement process aimed at extending the operational lifespan and improving the efficiency of the Višegrad hydropower plant. The focus of the procurement is the development of a conceptual design and a feasibility study, with an estimated contract value of

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Low hydropower reserves and rising gas prices threaten Southeastern Europe’s energy stability this summer

Southeastern Europe is heading into the summer season with concerningly low water levels at its hydropower facilities, raising alarms about the potential for increased wholesale electricity prices in the near future. Hydropower reserves across the region are currently lower than they were at the same time last year. In Greece, for example, the available water

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Region: Electricity prices plunge across SEE and Central Europe in Week 18 of 2025

In Week 18 of 2025 (April 28–May 4), electricity prices across South East Europe (SEE) and Central Europe declined significantly, influenced by lower gas prices, reduced demand, and a surge in renewable power generation. Prices in all SEE countries fell below €80/MWh, with Türkiye recording the lowest average at €44.63/MWh, followed by Greece at €54.42/MWh.

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Serbia: Public consultations scheduled for planned Bistrica pumped-storage hydropower project

State-owned power utility EPS has announced that public consultations for the environmental and social impact assessment (ESIA) of the planned Bistrica pumped-storage hydropower plant will be held on 13–14 May. This marks a key step in the project’s regulatory and community engagement process. EPS recently confirmed a delay in finalizing the draft Environmental Impact Assessment

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Albania: Statkraft completes feasibility study for major pumped storage project

Norwegian renewable energy company Statkraft has completed a feasibility study for a proposed pumped-storage hydropower plant in Albania, which could have a capacity of up to 1,620 megawatts (MW). The project would expand upon the existing Moglica hydropower plant on the Devoll River, and the formal proposal has now been submitted to Albanian authorities for

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Romania to prioritize stalled hydropower projects as national security issue

Romania plans to designate its incomplete hydropower projects as matters of national security, according to acting President Ilie Bolojan. Legislation aimed at fast-tracking these developments is expected to be drafted in May. Many of the projects, stalled for decades, are between 60% and 90% complete, with some dating back to before the 1989 fall of

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Serbia: Revitalization of Bajina Basta pumped-storage hydropower plant progresses as planned

The second phase of the revitalization of Serbia’s Bajina Basta pumped-storage hydropower plant (HPP) is progressing smoothly, with equipment dismantling completed and testing currently underway. HPP Bajina Basta plays a vital role in the operations of Electric Power Industry of Serbia (EPS) and the country’s national electricity grid. The refurbishment aims to enhance the plant’s

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