Bulgaria sees strong growth in electricity production and consumption in early 2025 Read More »

Bulgaria sees strong growth in electricity production and consumption in early 2025

Bulgaria experienced a notable rise in electricity production during the period from 1 January to 4 May 2025, reaching 15.53 TWh, which is an increase of 13.43% compared to the same period in 2024. At the same time, electricity consumption grew by 8.62%, totaling 14.51 TWh. As a result, the country recorded net electricity exports […]

Bulgaria: IBEX reports slight decline in April 2025 day-ahead trading volume Read More »

Bulgaria: IBEX reports slight decline in April 2025 day-ahead trading volume

In April 2025, a total of 2,306,921.9 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), representing a 3.7 percent decrease compared to the previous month. Despite the decline, the traded volume was 6 percent higher than in April 2024. The average daily traded volume during the month

Bosnia and Herzegovina: RiTE Ugljevik suffers loss, while RiTE Gacko recovers Read More »

Bosnia and Herzegovina: RiTE Ugljevik suffers loss, while RiTE Gacko recovers

In the first quarter of 2025, Coalmine and Thermal Power Plant (RiTE) Ugljevik reported a loss of approximately 2.71 million euros, marking a steep decline from the 1.84 million euro profit recorded in the same period last year. The company’s latest financial report reveals a sharp drop in revenue, which fell to 18.81 million euros

Slovenia launches SE Vipava initiative: Solar power and hydrogen projects for military and industrial use Read More »

Slovenia launches SE Vipava initiative: Solar power and hydrogen projects for military and industrial use

The Slovenian Ministry of Defence has partnered with the state-run motorway operator DARS, the Vipava municipality, and the renewable energy company Soske Elektrarne Nova Gorica (SENG) to establish solar power plants at several key locations. These sites include the Mlake military training ground, various Ministry properties, and a future industrial zone in Vipava. The agreement

Serbia invests €180 million in modernizing Radljevo mine for long-term energy security Read More »

Serbia invests €180 million in modernizing Radljevo mine for long-term energy security

Serbia’s Minister of Energy and Mining, Dubravka Djedovic, has highlighted the construction of two bucket-wheel excavator–conveyor–stacker (BTO) systems at the Radljevo open pit mine in the Kolubara mining basin as one of the Serbian Government’s top priorities. These systems are part of ongoing efforts to modernize and expand mining operations, ensuring a stable future for

North Macedonia temporarily disconnects solar power plants to maintain grid stability during May Day holidays Read More »

North Macedonia temporarily disconnects solar power plants to maintain grid stability during May Day holidays

During the May Day holidays, solar power plants in North Macedonia were temporarily disconnected from the national electricity grid to ensure the stability and safety of the power supply. This decision followed an emergency meeting of relevant authorities, prompted by a recent blackout in Spain and Portugal, where renewable energy sources, including solar power, were

Egypt-Greece electricity interconnection project reaches key milestone with EBRD grant agreement Read More »

Egypt-Greece electricity interconnection project reaches key milestone with EBRD grant agreement

A significant step forward has been made in the development of the Egypt-Greece electricity interconnection (GREGY) project, with the signing of a grant agreement between the European Bank for Reconstruction and Development (EBRD) and ELICA Interconnector, a subsidiary of the Copelouzos Group. This milestone is a key element in strengthening Europe’s energy security and advancing

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