The water level at Bileća Lake has fallen twelve meters below the planned level due to an unusually dry year. However, this shortfall does not pose a threat to electricity supply for consumers in the Republic of Srpska (RS), according to Ivan Koprivica, Executive Director for Technical Affairs at the ERS power utility. Currently, the […]
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
Montenegro’s state-owned power utility EPCG has received two bids for the construction, delivery, installation, and commissioning of the new A8 turbine at its Perucica hydropower plant. The first bid was submitted by a consortium consisting of Voith Hydro from Austria, Končar from Croatia, and Elnos from Serbia. The second offer came from Slovenia’s Litostroj Power.
Under the pretext of cost rationalization, the state-owned power utility ERS has cancelled a €1.8 million tender for the feasibility study of the Ustibar hydropower plant (also known as Mrsovo 2). The move followed three failed attempts to award the contract to a consortium led by Serbia’s Energoprojekt Hidroinženjering, working alongside the local Waterworks Institute.
Hidroelektrane na Drini, a subsidiary of the power utility ERS that operates the Visegrad hydropower plant, announced that the plant generated 59.11 GWh of electricity in May 2025. This represents a 48% decrease compared to April 2025, when production reached 113.76 GWh. Compared to May 2024, output was slightly higher, as the plant produced 54.02
In Week 25 of 2025, electricity market prices rose sharply across all Southeast European (SEE) countries compared to the previous week, with average prices exceeding €80/MWh. This increase was driven by a rise in gas prices—whose futures reached their highest settlement level since April 3—and by higher demand caused by rising temperatures. The week started
Bosnia and Herzegovina’s state-owned power utility, Elektroprivreda BiH (EPBiH), is advancing the development of the Kovanici hydropower plant, a project valued at approximately 45 million euros. As part of the next steps, the company has issued a tender for a study on property expropriation and real estate valuation within the planned construction zone. The tender
In Week 24 of 2025, electricity market prices declined across all Southeast European (SEE) countries except Italy and Türkiye. Despite ongoing tensions in the Middle East and rising gas prices, European electricity prices have generally decreased recently. This trend was mainly driven by increased renewable energy production and high gas reserve levels. The week started
Montenegro’s state-owned power utility Elektroprivreda Crne Gore plans to include an international partner in the development of the Komarnica hydropower project. The company cited the experiences of Norway, Austria, and France. The plant, with a proposed capacity of 172 MW, is expected to have an annual production of around 213 GWh. Elektroprivreda Crne Gore (EPCG)
Montenegro: EPCG seeks international partner for Komarnica hydropower project Read More »
In Week 23 of 2025, electricity market prices surged across nearly all Southeast European (SEE) countries except Türkiye, driven by higher gas and CO₂ prices alongside reduced wind energy production. Prices started the week near €100/MWh, then gradually declined below €100/MWh, ending around €60/MWh on Sunday, June 8. All SEE countries saw double-digit electricity price
