hydro

Bosnia and Herzegovina: Three hydropower plants on Bistrica river set for completion by end of 2026

Three hydropower plants on the Bistrica river near Foča are expected to be completed by the end of 2026, according to Petar Đokić, Minister of Energy and Mining of the Republic of Srpska, one of the two entities of Bosnia and Herzegovina. The Chinese company AVIC is responsible for the construction of the plants, which […]

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Montenegro: EPCG cancels second tender for Otilovici small hydropower plant over bid compliance issues

Montenegro’s state-owned power utility EPCG has terminated its second tender for the design and construction of the Otilovici small hydropower plant after rejecting all submitted proposals. The public procurement commission dismissed bids from three consortia led by local firms Vigoris Ecotech, Permonte, and Elnos Crna Gora. While all three offers aligned with the tender’s estimated

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Bosnia and Herzegovina: HPP Visegrad sees surge in electricity production in March 2025

Hidroelektrane na Drini, a subsidiary of power utility ERS and operator of the Visegrad Hydropower Plant (HPP), reported a significant increase in electricity production for March 2025. The plant generated 120.21 GWh of electricity during the month, nearly doubling its February output of 63.97 GWh. Compared to March 2024, when production reached 103.63 GWh, this

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Region: Significant drop in electricity prices across SEE markets in Week 16 of 2025 amid lower demand and increased solar production

During Week 16 of 2025, electricity prices in the Southeast European (SEE) countries dropped across the board, influenced by a decline in electricity demand. Solar energy production also increased in most of the analysed markets. The week started with prices above €100/MWh but followed a downward trend throughout, ultimately dropping below €90/MWh by Sunday, April

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Serbia: EPS delays environmental study for Bistrica hydropower project due to legal changes

State-owned power utility EPS has announced a delay in completing the draft environmental impact assessment (EIA) study for the Bistrica pump-storage hydropower plant project, citing recent changes in legislation as the primary reason. The study is being developed in line with Serbia’s Law on Environmental Impact Assessment and based on guidelines issued by the Ministry

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Albania: KESH partners with AFD to modernize Drin River hydropower plants

Albania’s state-owned energy company, KESH, has signed a cooperation agreement with the French Development Agency (AFD) for a technical assistance grant valued at €800,000. This grant aims to support operational improvements and enhance oversight of the three major hydropower plants along the Drin River. Through this partnership, AFD will deliver specialized technical expertise to advance

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Region: Electricity market prices in SEE rise in Week 15 of 2025 amid declining demand and increased renewable generation

In Week 15 of 2025, electricity prices in most Southeastern European (SEE) countries saw a slight increase, with the exceptions of Italy and Greece. The price surge came as markets assessed the potential impact of new U.S. tariffs on energy and concerns about slowing global growth affecting demand, despite lower electricity demand and falling gas

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Romania: Hidroelectrica launches €20 million tender for Pascani hydropower project

Romanian state-owned electricity producer Hidroelectrica has allocated approximately €20 million (excluding VAT) for advancing the Pascani hydropower plant (HPP) project on the Siret River. The investment focuses on acquiring and installing hydromechanical systems for four gates of the spillway dam. The contract encompasses a full turnkey solution, including design services, construction work, as well as

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Region: SEE electricity market sees price drop and decline in demand in Week 14 of 2025

In Week 14 of 2025, electricity prices across Southeast Europe (SEE) saw a slight decrease, driven by lower electricity demand, falling gas and CO₂ prices, and increased solar energy production. Although prices initially surpassed €100/MWh, they gradually dropped throughout the week. Notably, Croatia and Serbia experienced the largest price reductions, with decreases of -23.52% and

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Montenegro: EPCG seeks one-year extension for Otilovici small hydropower plant project

State-owned power utility EPCG has requested a one-year extension for completing the first phase of the Otilovici small hydropower plant (SHPP) project near Pljevlja. The delay is due to the ongoing tender process for the facility’s design and construction. The first phase involves preparing the necessary technical documentation. The Otilovici SHPP will be built on

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