US grants NIS temporary operating license, easing Serbia’s fuel supply pressure Read More »

US grants NIS temporary operating license, easing Serbia’s fuel supply pressure

Serbian oil company NIS has gained short-term relief after US authorities granted permission for the company to continue operating until 23 January, easing immediate pressure on the country’s fuel supply chain. The authorization allows the Pančevo refinery to resume activity following weeks of disruption caused by sanctions-related constraints. The temporary approval is closely tied to […]

Serbia advances oil supply diversification with new Hungary–Novi Sad pipeline tender Read More »

Serbia advances oil supply diversification with new Hungary–Novi Sad pipeline tender

Serbia has taken a concrete step to diversify its crude oil supply routes with the launch of a public tender for a new cross-border pipeline connecting Hungary to Novi Sad. The procurement, opened by state-owned pipeline operator Transnafta, covers both construction works and technical supervision for the project. The proposed pipeline is considered a strategic

Montenegro: Tupan solar power plant near Nikšić moves forward with environmental approval Read More »

Montenegro: Tupan solar power plant near Nikšić moves forward with environmental approval

Plans for a large-scale solar power plant near Nikšić have reached a major regulatory milestone, as project documentation has entered the environmental approval process. The Environmental Protection Agency confirmed that an environmental impact assessment has been formally submitted for the Tupan solar power plant. The proposed facility is designed with a capacity of 90 MW

Greece emerges as a regional power exporter as renewable boom reshapes electricity market Read More »

Greece emerges as a regional power exporter as renewable boom reshapes electricity market

In 2025, Greece solidified its position as a regional electricity supplier, with cross-border flows shifting sharply in favor of exports, according to data from the national energy regulator. Net electricity exports soared to 2,671 GWh, a dramatic increase from just 307 GWh recorded in 2024. The figures confirm that the positive export trend observed in

Croatia: Krk LNG terminal emerges as regional gas hub after major capacity upgrade Read More »

Croatia: Krk LNG terminal emerges as regional gas hub after major capacity upgrade

Over the past five years, the LNG terminal in Omišalj on the island of Krk has become a key pillar of gas supply security for Croatia and the wider region. Since entering operation, the facility has handled 18.8 million cubic meters of liquefied natural gas, delivering more than 11.3 billion cubic meters of natural gas

Bosnia and Herzegovina: Fire incident forces TPP Ugljevik offline at start of 2026 Read More »

Bosnia and Herzegovina: Fire incident forces TPP Ugljevik offline at start of 2026

Thermal power plant Ugljevik has been offline since the start of the year after a serious incident that occurred on 30 December, forcing the unit to disconnect from the power grid. According to available information, the outage was caused by a failure in the slag removal system, reportedly linked to human error. Malfunctions in the

Bosnia and Herzegovina: ERS launches tender for feasibility study on HPP Visegrad expansion Read More »

Bosnia and Herzegovina: ERS launches tender for feasibility study on HPP Visegrad expansion

Bosnia and Herzegovina’s state-owned power utility Elektroprivreda Republike Srpske (ERS) has launched a new procurement procedure to assess the possible expansion of the Visegrad hydropower plant, focusing on the installation of an additional generating unit. The tender was published through its subsidiary Hidroelektrane na Drini and includes the preparation of a conceptual design and a

Europe cuts the cord as Russian gas exports collapse to 1970s levels Read More »

Europe cuts the cord as Russian gas exports collapse to 1970s levels

Russian natural gas deliveries to European markets collapsed in 2025, plunging by roughly 44% compared with the previous year and hitting their lowest level since the mid-1970s. This historic decline followed the shutdown of the Ukrainian transit corridor in January and the European Union’s accelerating campaign to phase out Russian fossil fuel imports. Earlier this

Carbon is the new currency: How trading schemes and green certificates will decide Serbia’s industrial winners in the EU market era Read More »

Carbon is the new currency: How trading schemes and green certificates will decide Serbia’s industrial winners in the EU market era

Carbon trading and green certificates are becoming the next decisive cost and competitiveness variables for South-East European energy systems and Serbia’s industrial base, sitting alongside CBAM, electricity pricing and decarbonisation CAPEX as core elements of the new regional market architecture. What was once a technical policy theme has now become a financial reality. Carbon prices,

Industrial electricity prices in South-East Europe in 2025 and outlook for 2026 Read More »

Industrial electricity prices in South-East Europe in 2025 and outlook for 2026

In 2025 industrial electricity prices across South-East Europe have stabilised into a narrower and more predictable corridor than during the crisis years, but they remain structurally higher than the pre-2021 baseline. For most South-East European markets, large industrial buyers are paying all-in electricity prices generally in the 95 to 130 euros per MWh band, depending

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