Serbia advances nuclear energy plans with new legal framework and expert coalition Read More »

Serbia advances nuclear energy plans with new legal framework and expert coalition

Serbia is moving forward with its nuclear energy ambitions by amending its Energy Law and partnering with the Vinča Institute for Nuclear Sciences to develop a specialized workforce. A new division within the Ministry of Mining and Energy will lead the national nuclear strategy. To support this initiative, the Ministry signed a Memorandum of Understanding […]

Serbia to raise residential electricity prices by 7% under IMF agreement Read More »

Serbia to raise residential electricity prices by 7% under IMF agreement

Serbian households will face a minimum 7% electricity price increase by the end of September 2025, in line with commitments under the country’s IMF-supported economic program. Originally planned for October, the adjustment will now include a tightening of the high-tariff “red zone,” reducing the monthly threshold from 1,600 kWh to 1,200 kWh to encourage more

Montenegro: Average household electricity bill rises to €31.34 in June 2025 Read More »

Montenegro: Average household electricity bill rises to €31.34 in June 2025

The average household electricity bill in Montenegro for June 2025 was €31.34, marking a 2.5% increase compared to June 2024 (€30.59). According to power utility EPCG, the lowest average bill was recorded in Žabljak (€18.9), while Kotor had the highest at €40. Most households (65.91%) will pay less than €30, 17.7% between €30–€50, 12.92% between

Bulgaria: United Bulgarian Bank to finance Bulgartransgaz network upgrade under Vertical Gas Corridor project Read More »

Bulgaria: United Bulgarian Bank to finance Bulgartransgaz network upgrade under Vertical Gas Corridor project

United Bulgarian Bank has been selected to provide a five-year credit facility for Bulgartransgaz, Bulgaria’s gas transmission system operator, to modernize its network as part of the Vertical Gas Corridor project. The loan will support efforts to enhance energy connectivity between Greece and Central Europe. Despite Bulgartransgaz requesting €102 million, bids from major lenders—including Bank

Bosnia and Herzegovina: HPP Visegrad’s June output drops 43% amid ongoing decline in hydropower generation Read More »

Bosnia and Herzegovina: HPP Visegrad’s June output drops 43% amid ongoing decline in hydropower generation

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

Romania removes double fees on stored electricity to boost energy storage investment Read More »

Romania removes double fees on stored electricity to boost energy storage investment

Romania’s National Energy Regulatory Authority (ANRE) has adopted new rules eliminating regulated charges on electricity that is stored and later fed back into the grid. Storage operators will no longer pay transmission extraction fees, distribution and system service charges, or green-certificate levies on discharged electricity. Under the new methodology, network operators must track stored-energy flows

Montenegro: EPCG plans 137MW Stedim solar power plant near Nikšić Read More »

Montenegro: EPCG plans 137MW Stedim solar power plant near Nikšić

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

Region: North Macedonia begins construction on Greece gas interconnector Read More »

Region: North Macedonia begins construction on Greece gas interconnector

North Macedonia has started building its portion of the natural gas interconnector with Greece, a project valued at around 60 million euros. The new pipeline will cover approximately 66.7 kilometers across North Macedonian territory and is expected to initially transport 1.5 billion cubic meters of gas annually. Its design allows for future capacity doubling, strengthening

Bulgaria probes costly BOTAS gas deal amid mounting financial losses Read More »

Bulgaria probes costly BOTAS gas deal amid mounting financial losses

Officials from the Counter-Corruption Commission (CCC) have inspected the Ministry of Energy and collected all documents related to the gas agreement with Turkish supplier BOTAS. According to Energy Minister Zhecho Stankov, the Ministry’s report revealed daily costs surpassing 500,000 euros, rising since January due to contractual indexing. Stankov stated that Bulgaria is only using 11%

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