power utility

Albania resumes costly electricity imports amid drought and high temperatures

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 nears completion of first large-scale wind farm as Kostolac project enters final phase

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

Serbia nears completion of first large-scale wind farm as Kostolac project enters final phase Read More »

Bulgaria: OMV Petrom and Enery partner on 400 MW Gabare solar project

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: EPBiH advances Kovanici hydropower plant project with new land study tender

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

Bosnia and Herzegovina: EPBiH advances Kovanici hydropower plant project with new land study tender Read More »

Romania: Energy Regulator ANRE denies claims of discounted gas exports to Austria

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 »

Montenegro: EPCG seeks international partner for Komarnica hydropower project

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 »

Bosnia and Herzegovina: ERS to finally implement net metering contracts for prosumers starting August 6

After three years of effectively shortchanging prosumers, the state-owned power utility Elektroprivreda Republike Srpske (ERS) has announced that, starting August 6, prosumers will be able to sign electricity supply contracts under the net metering scheme. Since the Renewable Energy Law was adopted, ERS had largely avoided implementing net metering. During this period, electricity generated by

Bosnia and Herzegovina: ERS to finally implement net metering contracts for prosumers starting August 6 Read More »

Serbia: EPS launches tender for FIDIC engineer to oversee final stage of Kostolac B3 project

Serbia’s state-owned power utility, Elektroprivreda Srbije (EPS), has initiated a public procurement process to hire a consultant who will serve as the FIDIC engineer for the concluding phase of the Kostolac B3 thermal power plant project. The estimated value of the contract is around 600,000 euros. The role, defined under the FIDIC “Yellow Book” framework,

Serbia: EPS launches tender for FIDIC engineer to oversee final stage of Kostolac B3 project Read More »

Montenegro: EPCG seeks international partner for controversial HPP Komarnica project

Montenegro’s state-owned power utility, EPCG, is preparing to bring an international partner on board to support the development of the long-delayed Komarnica hydropower plant. Designed to have an installed capacity of 172 megawatts and produce approximately 213 gigawatt-hours of electricity annually, the project is part of EPCG’s broader hydropower expansion strategy. Alongside Komarnica, EPCG is

Montenegro: EPCG seeks international partner for controversial HPP Komarnica project Read More »

Greece: PPC adds third turbine to HERON 1 mobile plant to secure Crete’s summer power supply

To meet Crete’s electricity demand during the high-consumption summer season, the Greek Public Power Corporation (PPC) is finalizing the installation of a third turbine unit at the HERON 1 mobile gas-fired power plant. This expansion completes a key energy strategy designed to strengthen the island’s electricity supply. HERON 1, leased for two years from GEK

Greece: PPC adds third turbine to HERON 1 mobile plant to secure Crete’s summer power supply Read More »

Scroll to Top