Romania: Electricity consumption slightly down, production falls 6% in 2025 Read More »

Romania: Electricity consumption slightly down, production falls 6% in 2025

According to data published by Romania’s National Institute for Statistics (INS), electricity consumption in the first nine months of 2025 reached 37.25 TWh, marking a slight decrease of 0.4 percent compared to the same period in 2024. Industrial consumption amounted to 28.09 TWh, down 1 percent year-on-year, while household consumption rose by 1.8 percent to […]

Montenegro: TPP Pljevlja set to resume production by 1 December after major overhaul Read More »

Montenegro: TPP Pljevlja set to resume production by 1 December after major overhaul

Coal-fired thermal power plant Pljevlja is expected to resume electricity production no later than 1 December, according to EPCG’s Director for Electricity Generation, Miro Vračar. He said that the plant’s start-up process is already underway and typically requires about ten days to complete. Vračar explained that numerous systems installed during the facility’s ecological reconstruction must

North Macedonia: Makpetrol reports 19% profit growth in first nine months of 2025 Read More »

North Macedonia: Makpetrol reports 19% profit growth in first nine months of 2025

Macedonian fuel retailer Makpetrol reported a non-consolidated net profit of 14.7 million euros for the first nine months of 2025, marking a 19 percent increase compared to the same period last year. Operating revenues fell slightly by 1 percent to 377 million euros, while operating expenses also decreased by 1 percent, totaling 364 million euros.

Croatia launches upgrade plan for TPP Jertovec to replace aging gas turbines Read More »

Croatia launches upgrade plan for TPP Jertovec to replace aging gas turbines

Thermal power plant Jertovec, located near Konjščina in the Hrvatsko Zagorje region, plays a key role in Croatia’s electricity system. The facility serves as a reserve power plant and provides an available capacity of 2×28 MW from gas turbine units and 2×10 MW from steam turbine units. One of its main advantages is the ability

Bosnia and Herzegovina: HPP Visegrad increases monthly production, still below last year’s level Read More »

Bosnia and Herzegovina: HPP Visegrad increases monthly production, still below last year’s level

The hydropower plant Visegrad, operated by ERS subsidiary Hidroelektrane na Drini, generated 37.91 GWh of electricity in October 2025. This represents a 31.3 percent increase compared to September, when production reached 28.88 GWh. However, output remains lower than in the same month last year, when the plant delivered 47.63 GWh. In 2024, HPP Visegrad produced

Region: US extends license for Lukoil asset transactions until 13 December Read More »

Region: US extends license for Lukoil asset transactions until 13 December

The US Department of the Treasury’s Office of Foreign Assets Control has issued a new license allowing transactions related to the sale of Lukoil’s international assets to continue until 13 December. In addition, four Lukoil subsidiaries operating in Bulgaria have received authorization to maintain their activities until 29 April 2026. The same 13 December deadline

Region: Carlyle eyes acquisition of Lukoil’s global assets amid intensifying U.S. sanctions Read More »

Region: Carlyle eyes acquisition of Lukoil’s global assets amid intensifying U.S. sanctions

US private equity firm Carlyle is examining the possibility of acquiring segments of Lukoil’s international portfolio, as Washington intensifies sanctions on the Russian oil company in an effort to pressure Moscow toward negotiations over Ukraine. Lukoil represents about 2 percent of global oil production through its operations in Russia and abroad. The company has announced

Slovenia: Government reports progress on 28 MW Mokrice hydropower plant Read More »

Slovenia: Government reports progress on 28 MW Mokrice hydropower plant

The National Assembly expects the Government to accelerate development of the Mokrice hydropower plant and to submit progress reports every three months. The Government has now issued its formal response to the request made in May by the parliamentary Committee on Infrastructure, Environment and Spatial Planning, which called for faster implementation of the project and

Serbia: Novi Sad launches €110 million solar-thermal upgrade of district heating system Read More »

Serbia: Novi Sad launches €110 million solar-thermal upgrade of district heating system

A major modernization of Novi Sad’s district heating system will include the construction of a large solar-thermal plant, a seasonal heat-storage facility and an absorption heat pump. According to a prior information notice published by the European Bank for Reconstruction and Development (EBRD), the project represents an important step toward decarbonizing the city’s heating network.

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