Serbia: SANY to develop Alibunar wind farms with commercial operations starting in 2028 Read More »

Serbia: SANY to develop Alibunar wind farms with commercial operations starting in 2028

SANY Renewable Energy, a Chinese company entering Serbia’s renewable energy market for the first time, has announced that its wind power projects, Alibunar 1 and Alibunar 2, are scheduled to begin commercial operation in 2028. Together, the two wind farms will have a total installed capacity of 168 MW and are expected to generate around […]

Serbia advances energy integration with EU through strategic gas projects and market reforms Read More »

Serbia advances energy integration with EU through strategic gas projects and market reforms

Serbia is making significant progress in developing its energy infrastructure as part of a broader strategy to align with the European Union’s energy market. A key step in this process is the ongoing development of a gas interconnector with North Macedonia. Funded by the EU, the feasibility study for this pipeline is expected to be

Montenegro commissions Ubli 1 solar power plant to boost sustainable energy transition Read More »

Montenegro commissions Ubli 1 solar power plant to boost sustainable energy transition

Montenegro has officially put into operation its largest ground-based solar power plant, Ubli 1, located in the settlement of Ubli. With an investment of nearly 5 million euros, the plant is expected to produce about 8 GWh of clean electricity each year. It is projected to cut carbon dioxide emissions by more than 5,500 tons

Bosnia and Herzegovina: Republic of Srpska prepares concession for Trebinje wind farm project with Chinese company Read More »

Bosnia and Herzegovina: Republic of Srpska prepares concession for Trebinje wind farm project with Chinese company

The Government of the Republic of Srpska is preparing to award a concession for the construction and operation of Trebinje wind farm to the Chinese company China Power PTE through direct negotiations, bypassing the usual public bidding process. The investment, estimated at more than 750 million euros, represents one of the largest renewable energy projects

Region: SEE electricity prices soar amid supply constraints and shifting demand in early June 2025 Read More »

Region: SEE electricity prices soar amid supply constraints and shifting demand in early June 2025

In Week 23 of 2025, electricity market prices surged across nearly all Southeast European (SEE) countries except Türkiye, driven by higher gas and CO₂ prices alongside reduced wind energy production. Prices started the week near €100/MWh, then gradually declined below €100/MWh, ending around €60/MWh on Sunday, June 8. All SEE countries saw double-digit electricity price

Europe: Fossil fuel and carbon markets rise in early June amid supply concerns and maintenance impacts Read More »

Europe: Fossil fuel and carbon markets rise in early June amid supply concerns and maintenance impacts

Brent oil futures for the Front Month in the ICE market recorded their lowest settlement price of the week, $64.63 per barrel, on Monday, June 2. Prices increased during most sessions throughout the first week of June, reaching a weekly high of $66.47 per barrel on Friday, June 6. This value was 4.0% higher than

Europe: Rising electricity prices in early June driven by demand and lower renewable output Read More »

Europe: Rising electricity prices in early June driven by demand and lower renewable output

In the first week of June, average prices in most major European electricity markets rose compared to the previous week. The only exceptions were the Nord Pool market of the Nordic countries and the EPEX SPOT market of France, which experienced price decreases of 1.8 percent and 39 percent, respectively. The MIBEL market of Portugal

Europe: Electricity demand rises in early June, driven by holiday recovery and temperature shifts Read More »

Europe: Electricity demand rises in early June, driven by holiday recovery and temperature shifts

During the first week of June, electricity demand increased in most major European markets compared to the previous week. Germany recorded the largest rise in demand, with an increase of 6.3 percent, while Spain showed the smallest growth, at 0.9 percent. Other markets, including Italy, France, Belgium, and Great Britain, also registered demand increases ranging

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