Bulgaria: Maritsa East 2 coal plant posts €51.5 million loss in 2024 amid falling prices and regulatory support
State-owned coal-fired thermal power plant Maritsa East 2 experienced a loss of 51.5 million euros in 2024, a significant downturn
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Serbia grants operating license for new 350 MW unit at Kostolac coal power plant
The Serbian Ministry of Construction, Transport and Infrastructure has issued an operating license for the new B3 unit at the
Electricity prices surge across SEE and Europe in Week 25 amid rising demand and gas costs
In Week 25 of 2025, electricity market prices rose sharply across all Southeast European (SEE) countries compared to the previous
Bulgaria: TPP Bobov Dol declares 2024 dividend amid profit decline
Bulgarian coal-fired power plant Bobov Dol will distribute a dividend of 0.051 euros per share for 2024, allocating around 444,000
Region: SEE sees mixed electricity price trends amid rising demand and renewable surge in Week 24 of 2025
In Week 24 of 2025, electricity market prices declined across all Southeast European (SEE) countries except Italy and Türkiye. Despite
Serbia: EPS launches tender for FIDIC engineer to oversee final stage of Kostolac B3 project
Serbia’s state-owned power utility, Elektroprivreda Srbije (EPS), has initiated a public procurement process to hire a consultant who will serve
Bosnia and Herzegovina: EFT Group maintains profitability despite revenue drop at Stanari thermal power plant
The coal-fired thermal power plant Stanari, operated by the EFT Group, recorded a net profit of 19.7 million euros in
Serbia explores geothermal energy to boost clean energy transition
Serbia possesses significant untapped geothermal energy resources that have the potential to play a key role in the country’s energy
Croatia: Geothermal project halted after investor bankruptcy and license revocation
The Slatina 3 geothermal drilling project in Croatia has been abandoned following the bankruptcy of EES Dravacel, the company holding
Bosnia and Herzegovina: RiTE Gacko launches €5 million tender for mine expansion excavation and land grading
Coalmine and Thermal Power Plant (RiTE) Gacko has issued a public tender to select a contractor for excavation, loading, transportation,
Bosnia and Herzegovina: Gacko TPP begins major overhaul amid strong performance
A major overhaul has commenced at the coal-fired thermal power plant Gacko, following a period of strong production and solid
Montenegro: EPCG faces major financial strain amid TPP Pljevlja shutdown and rising electricity demand
Montenegro’s state-owned power utility EPCG is bracing for a significant financial shortfall in 2025, according to CEO Ivan Bulatović. To