Gas Industry

EU member states approve extension of gas storage rules to boost energy security Read More »

EU member states approve extension of gas storage rules to boost energy security

EU member state representatives have endorsed the EU Council’s revised position on the gas storage regulation, proposing a two-year extension of the current requirement for countries to fill their gas storage facilities to 90% ahead of winter. This move aims to protect the EU from volatile gas prices amid ongoing geopolitical tensions. The extension is […]

Romania proposes financial guarantee for electricity market contracts to enhance stability and accountability Read More »

Romania proposes financial guarantee for electricity market contracts to enhance stability and accountability

Romania’s National Energy Regulatory Authority (ANRE) has issued a draft order for public consultation that proposes the introduction of a financial guarantee for electricity market contracts. Set at 30% of the contract value, the guarantee is intended to bring more structure and stability to the electricity trading environment, according to ANRE President George Niculescu. Under

Montenegro: Pljevlja coalmine reports slight decline in profit for 2024 Read More »

Montenegro: Pljevlja coalmine reports slight decline in profit for 2024

Pljevlja coalmine recorded a net profit of 15.06 million euros in 2024, slightly down from 15.2 million euros in the previous year. According to the financial report, the coalmine’s sales revenues in 2024 reached 65.3 million euros, marking a 6.3% decrease compared to 2023. Operating expenses, however, dropped by 2.7%, totaling 57.1 million euros. At

Montenegro: Average household electricity bill in March 2025 drops 6.2% from February Read More »

Montenegro: Average household electricity bill in March 2025 drops 6.2% from February

In March 2025, the average electricity bill for households amounted to 38.48 euros, reflecting a 6.2% decrease from the previous month (41.03 euros) and a 10.7% increase compared to March 2024 (34.76 euros). Zabljak municipality recorded the lowest average bill at 18.3 euros, while Tivat had the highest at 50.8 euros. 59% of households paid

Bosnia and Herzegovina: EBRD launches tender for construction of three new solar power plants Read More »

Bosnia and Herzegovina: EBRD launches tender for construction of three new solar power plants

The European Bank for Reconstruction and Development (EBRD) has announced a tender for the design and construction of three solar power plants on behalf of Bosnia and Herzegovina’s state-owned power utility, Elektroprivreda BiH (EPBiH). The tender includes the Podvelezje 3, Gornja Breza, and Visca solar power plants. Interested bidders have until 26 May to submit

Bosnia and Herzegovina: Republic of Srpska grants concession for Nova solar power plant Read More »

Bosnia and Herzegovina: Republic of Srpska grants concession for Nova solar power plant

The Ministry of Energy and Mining of the Republic of Srpska has signed a concession agreement with local company Helios PV for the construction and operation of the Nova solar power plant, to be located in the Trebinje area. The planned solar facility will have an installed capacity of 12.249 megawatts (MW) and is expected

Montenegro plans 4 GW in renewables, seeks stronger energy ties with Italy Read More »

Montenegro plans 4 GW in renewables, seeks stronger energy ties with Italy

Montenegro has plans to develop solar and wind energy projects totaling 4,000 MW, according to Admir Šahmanović, Minister of Mining, Oil and Gas and the Coordinator of the Ministry of Energy. Speaking at the Economic Dialogue Montenegro-Italy round table, Šahmanović emphasized the need for stronger bilateral cooperation in the energy sector and highlighted Montenegro’s strong

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