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Montenegrin EPCG to boost Perucica hydro plant to 365.5 MW

Date: 19.04.2024 Author: Maja Žuvela
Montenegrin EPCG to boost Perucica hydro plant to 365.5 MWPhoto: 

Montenegrin power utility EPCG plans to boost the capacity of its Perucica hydropower plant by nearly 20% to 365.5 MW, according to a deal signed with the country’s TSO CGES on Friday.

Bulgaria set to delay power market liberalisation til July 2025

Date: 19.04.2024 Author: Montel
Bulgaria set to delay power market liberalisation til July 2025Photo: Dalibor Dobrić

Bulgarian households may start buying electricity from the Ibex power exchange on 1 July 2025, as new legislation is seeking a delay in power market liberalisation, the parliamentary committee on

Necessary Picasso changes are “more than tweaks” – Acer

Date: 19.04.2024 Author: Alina Trabattoni, Montel
Necessary Picasso changes are “more than tweaks” – AcerPhoto: Roman Peklaj

Changes to technical price limits on the integrated electricity balancing markets Acer plans to introduce by this summer are not minor, but once applied will curb price spikes, according to the EU

Serbia ends gas subsidies, adopts market rates in May – TSO

Date: 18.04.2024 Author: Dušan Telesković
Serbia ends gas subsidies, adopts market rates in May – TSOPhoto: www.srbijagas.com

From 1 May, Serbia’s gas prices for businesses will no longer be subsidised but will instead be determined by the open market, Dusan Bajatovic, CEO of the country's TSO Srbijagas, said on Thursday.

Croatia’s future energy policy unclear following elections

Date: 18.04.2024 Author: Dalibor Dobrić
Croatia’s future energy policy unclear following electionsPhoto: Dalibor Dobrić

Following Wednesday’s parliamentary elections, Croatia possibly faces weeks of negotiations before a new government is formed and it is unclear which direction a new coalition would take in regards

Hourly GO matching is “unrealistic” – traders

Date: 18.04.2024 Author: Kelly Paul, Montel
Hourly GO matching is “unrealistic” – tradersPhoto: Roman Peklaj

It will take a long time before hourly matching between power production and consumption is widely used in Europe’s market for guarantees of origin (GOs), said market experts at the Recs conference

SEE POWER – Hungarian curve slips back from Tuesday highs

Date: 17.04.2024 Author: Yana Palagacheva
SEE POWER – Hungarian curve slips back from Tuesday highsPhoto: Dalibor Dobrić

Hungarian power futures have slipped from monthly highs reached on Tuesday, after gaining considerable value on the back of a boost in European gas prices.

EU solar lobby urges “rapid action” to secure supply

Date: 16.04.2024 Author: Enza Tedesco, Montel
EU solar lobby urges “rapid action” to secure supplyPhoto: Woodburn Capital

SolarPower Europe has urged “rapid action” and “concrete measures” at national and European level to support solar manufacturers to ensure security of supply.

Croatian Ina eyes green hydrogen production in 2026

Date: 16.04.2024 Author: Dalibor Dobrić
Croatian Ina eyes green hydrogen production in 2026Photo: F. Budva

Croatian energy company Ina is planning to become the country’s first producer of commercial green hydrogen in 2026, with the construction of a 10 MW green hydrogen plant in the northern Adriatic

Czech developer eyes 2026 launch of 92.5 MW of solar in BiH

Date: 11.04.2024 Author: Maja Žuvela
Czech developer eyes 2026 launch of 92.5 MW of solar in BiHPhoto: Woodburn Capital

Czech renewables developer Woodburn Capital Partners plans to connect the 92.5 MW Orlovac solar farm it is developing in Bosnia and Herzegovina (BiH) in Q4 2026 at the earliest, it told Montel on

Hot spell to drive SEE Q2, Q3 spot higher – traders

Date: 10.04.2024 Author: Maja Žuvela
Hot spell to drive SEE Q2, Q3 spot higher – tradersPhoto: Roman Peklaj

South-east European spot power prices are likely to increase in Q2 and Q3 as a heatwave across the region is set to lower hydropower output and increase demand for cooling, traders told Montel on

Oil steadies after “profit-taking” on Gaza truce talks

Date: 10.04.2024 Author: Luke Roshan, Montel
Oil steadies after “profit-taking” on Gaza truce talksPhoto: Victor Habbick via FreeDigitalPhotos

Oil prices steadied on Wednesday morning, stemming losses from the previous two sessions as investors weighed up the optimism of a ceasefire deal between Israel and Hamas bringing an end to the Gaza



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