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 […]
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.
State-owned power utility EPBiH has introduced a revised electricity pricing structure, which will be submitted to the Energy Regulatory Commission (FERK) for approval. The proposed model features three new tariff categories—blue, green, and red—designed to better reflect consumer usage patterns and promote efficiency. EPBiH CEO Nenad Ikanović explained that declining domestic electricity production has shifted
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.
Montenegrin state-owned power utility EPCG has obtained government approval to borrow 25.63 million euros from the European Bank for Reconstruction and Development (EBRD) to finance the second phase of the Gvozd wind farm, which will add 21 MW of capacity. The original Gvozd installation currently has 54.6 MW and is expected to generate approximately 150
Montenegro: EPCG secures €25.63 million EBRD loan to expand Gvozd wind farm capacity Read More »
High temperatures and a prolonged lack of rainfall have compelled the Albanian Power Corporation (KESH) to resume purchasing electricity from the international market. Over the past two weeks, KESH organized four auctions, spending a total of €14 million to cover domestic energy needs. The electricity was bought at an average price of €95 per megawatt-hour.
Albania resumes costly electricity imports amid drought and high temperatures Read More »
Serbia is on the verge of launching its first large-scale wind power facility under the state-owned power utility EPS, with construction of the Kostolac wind farm entering its final stage. Minister of Mining and Energy, Dubravka Djedovic, announced that trial operations are expected to begin this autumn. The Kostolac wind farm, boasting a total installed
OMV Petrom and Enery have entered into a strategic partnership to develop a major solar power project near Byala Slatina, close to Sofia, Bulgaria. Under the agreement, OMV Petrom will acquire a 50 percent stake in Dunav Solar Plant—the company managing the Gabare solar project—from Enery Element. The planned Gabare solar facility will have an
Bulgaria: OMV Petrom and Enery partner on 400 MW Gabare solar project Read More »
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
Romania’s National Energy Regulatory Authority (ANRE) has strongly denied recent accusations that the country exports natural gas to Austria at discounted rates, allegedly disadvantaging Romanian consumers. In a public statement, ANRE rejected what it called misleading claims made by certain political figures, emphasizing that such narratives contradict Romania’s economic interests and energy security goals. According
Romania: Energy Regulator ANRE denies claims of discounted gas exports to Austria Read More »
