According to the Ministry of Environmental Protection, the Croatian company Suncana Elektrana Rasinja has submitted a request for an Environmental Impact Assessment (EIA) for a solar power project with an installed capacity of 61.8 MW. The planned solar facility will occupy approximately 57.7 hectares within the municipality of Rasinja in northern Croatia. It is expected […]
On 20 May, a total of 264,855 guarantees of origin (GOs) were sold in auctions organized by HROTE and ENNA Next. The auctions, held in parallel through CROPEX’s IT trading platform, offered GOs from wind and biogas power plants. These auctions help track renewable electricity production and support the green energy market.
Region: SEE faces summer blackout risks amid rising electricity demand and aging grid Read More »
The Institute of Energy for Southeastern Europe (IENE) has issued a warning about the risk of widespread power outages across the region during the upcoming summer months due to rising electricity consumption. This alert follows a similar blackout event last June that impacted Albania, Montenegro, Bosnia and Herzegovina, and parts of Croatia. In its analysis,
The Slovenian Government has approved the spatial development plan for a new 30 MW solar power project, which will be the largest solar installation in the country so far. The project is led by Dravske Elektrarne Maribor (DEM) and this approval marks a key step toward securing a construction permit. The solar plant will be
Slovenia launches €12 million grant program to boost solar power on public buildings Read More »
Slovenia’s Ministry of Environment, Climate and Energy has introduced a public funding program totaling 12 million euros to support the installation of solar power systems on public buildings and parking areas. This initiative is part of the country’s Recovery and Resilience Plan and will run through 2025 and 2026. The grants, which do not require
Montenegro: EPCG reports €10.2 million Q1 2025 profit amid revenue and cost increases Read More »
Montenegro’s state-owned power company EPCG posted a net profit of 10.2 million euros in the first quarter of 2025, slightly down from 11.4 million euros in the same period last year. The company’s net sales revenues increased to 125.7 million euros during the first three months of 2025, up from 113.2 million euros in Q1
Croatia: Korlat solar power plant set to become largest renewable energy hub by 2026 Read More »
The Korlat solar power plant, set to become operational in 2026, will be the largest solar facility in Croatia with an installed capacity of 99 MW. The project, valued at around 70 million euros, is expected to produce approximately 165 GWh of electricity annually, enough to supply about 50,000 households. As a hybrid energy park
Hedge fund Elliott Investment Management is considering acquiring Bulgarian infrastructure assets, including a key section of the TurkStream gas pipeline, which is currently Russia’s only active gas route to Europe. The fund is also interested in related infrastructure such as data centers, cables, and other facilities linked to the pipeline. Although discussions remain preliminary, Elliott
Region: Electricity market trends in Week 20 of 2025 Read More »
In Week 20 of 2025, electricity prices increased across most Southeast European (SEE) countries due to rising gas and CO2 prices, along with steady electricity demand. Croatia and Greece recorded the highest price hikes, while Türkiye and Italy saw price declines. Prices remained above 100 euros per megawatt-hour at the beginning of the week and
During the third week of May, Brent crude oil futures for the Front Month on the ICE market consistently settled above $65 per barrel in most trading sessions. The highest settlement price of the week was recorded on Tuesday, May 13, at $66.63 per barrel—the highest level since April 26. However, prices began to decline
