Bulgarian state-owned gas supplier Bulgargaz has proposed a lower wholesale natural gas price to be applied in August 2025. The suggested price is around 31.7 euros per MWh, which is 3.8 percent lower than the price approved for July, set at approximately 33 euros per MWh. The July price itself marked a slight increase of […]
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Hydropower plant Visegrad, operated by “Hidroelektrane na Drini”, a subsidiary of the power utility ERS, generated 33.74 GWh of electricity in June 2025 — a 43% decrease from May’s output of 59.11 GWh. Compared to June 2024, when the plant produced 36.25 GWh, output is also slightly lower. In 2024, the plant produced a total
Montenegro’s state-owned power utility EPCG plans to build the Stedim solar power plant near Nikšić, with an installed capacity of approximately 137 MW. Once operational, the plant is expected to generate around 169.7 GWh of electricity annually. The company has submitted documentation to the national Agency for Environmental Protection, requesting approval to conduct a full
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Albanian state-owned power company KESH has launched a tender to obtain insurance coverage for two mobile gas-fired power plants and their associated infrastructure located in Vlore, with an estimated budget of around 1.8 million euros. The 12-month insurance policy will cover two barge-mounted generation units along with the permanent facilities they depend on. These assets
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The Montenegrin Government has approved a 50 million euro loan request from the state-owned power utility EPCG. The funds, obtained through a long-term loan from Erste Group Bank, will be used to finance electricity imports throughout 2025. This borrowing is necessary to offset the impact of the March 31 shutdown of the coal-fired Pljevlja thermal
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
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