IMF urges Serbia to adopt annual electricity price adjustments to stabilize energy sector Read More »

IMF urges Serbia to adopt annual electricity price adjustments to stabilize energy sector

The International Monetary Fund (IMF) resident representative in Serbia, Lev Ratnovski, stated that electricity prices should be adjusted annually based on inflation and underlying energy-sector costs. Implementing an annual pricing formula would help avoid sudden, large increases, provide consumers with greater predictability, and support suppliers in maintaining reliable, high-quality service for households and businesses. During […]

Serbia: EPS reports €234 million H1 2025 profit as coal, hydropower and renewables drive performance Read More »

Serbia: EPS reports €234 million H1 2025 profit as coal, hydropower and renewables drive performance

The company reported continued progress in both production and financial performance, highlighting strong results in its mining division. Coal output exceeded the planned target by 8 percent and was 7 percent higher than in the same period of 2024. To maintain this momentum, EPS is advancing mechanization works at the new Kolubara pit Radljevo, enabling

Romania: Romgaz H1 2025 net profit falls 8.6% as gas deliveries and market share rise Read More »

Romania: Romgaz H1 2025 net profit falls 8.6% as gas deliveries and market share rise

Romgaz posted a consolidated net profit of 336 million euros in the first half of 2025, a decline of 8.6 percent compared to the same period in 2024, representing a drop of 31.6 million euros. However, second-quarter profit rose 23.04 percent year-on-year. National gas demand grew by about 4 percent in the first six months

Montenegro backs second Italy interconnector as strategic €500M energy link Read More »

Montenegro backs second Italy interconnector as strategic €500M energy link

The Montenegrin Ministry of Energy and Mining announced that Italian operator Terna’s plan to build a second submarine interconnector with Italy is a strategic project valued at around 500 million euros, with cable installation expected to begin in 2027. Montenegro is preparing key infrastructure to support the initiative, focusing on strengthening regional connectivity and modernizing

North Macedonia expands Guarantees of Origin system to boost green power transparency Read More »

North Macedonia expands Guarantees of Origin system to boost green power transparency

North Macedonia’s electricity market operator MEMO launched the national Register of Guarantees of Origin in April and quickly expanded its use, issuing 107,666 certificates in the first two months of operation. The first renewable energy guarantees were awarded on 26 May to state-owned utility ESM for production from its hydropower plants. Activity picked up momentum

Hungary: EBRD weighs loan for GoldenPeaks to add 250 MW of solar Read More »

Hungary: EBRD weighs loan for GoldenPeaks to add 250 MW of solar

The European Bank for Reconstruction and Development (EBRD) is considering providing a long-term senior loan to renewables developer GoldenPeaks Capital to support the addition of 250 MW of new solar capacity in Hungary. The proposed financing is being assessed under the EBRD InvestEU Framework for Sustainable Transition, with a final decision expected by 22 October.

Greece: Flexible grid connection framework moves forward to boost renewable integration Read More »

Greece: Flexible grid connection framework moves forward to boost renewable integration

A new rulebook for flexible network connection terms is progressing after electricity transmission system operator ADMIE submitted its framework to the Ministry of Environment and Energy. The proposal will form the basis of legislation that changes how connection capacity is allocated to new renewable projects. The Ministry plans to present the draft law to Parliament

Slovenia: The Slovenian Greens party file criminal complaint over Mali Log wind project, DEM denies misuse of funds Read More »

Slovenia: The Slovenian Greens party file criminal complaint over Mali Log wind project, DEM denies misuse of funds

The Slovenian Greens party has filed a criminal complaint with the Ljubljana District Prosecutor, targeting several companies and individuals over alleged misuse of public funds in the Mali Log wind farm project. Dravske Elektrarne Maribor (DEM), the state-owned hydropower company and project holder, rejected the allegations, stating that it took immediate action when irregularities were

Slovenia: Krsko nuclear power plant exceeds July 2025 electricity targets with full capacity factors Read More »

Slovenia: Krsko nuclear power plant exceeds July 2025 electricity targets with full capacity factors

In July 2025, the Krsko nuclear power plant, jointly owned by Slovenia and Croatia, generated 505,827 MWh of net electricity, exceeding the planned output of 500,000 MWh by 1.2 percent. In comparison, the plant produced 509,321 MWh in July 2024, which was 2.3 percent above the planned 498,000 MWh. The plant operated fully within its

Romania: Hidroelectrica posts 319 million euro profit in H1 2025 amid hydrological challenges Read More »

Romania: Hidroelectrica posts 319 million euro profit in H1 2025 amid hydrological challenges

Hidroelectrica reported a net profit of approximately 319 million euros for the first half of 2025, down 41 percent from around 541 million euros in the same period last year. The decline was driven by reduced in-house generation and a greater reliance on market purchases to meet delivery commitments. Severe hydrological conditions affected output early

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