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Croatia could see PPA activity boost in H2 2023 – experts

The current market uncertainty and volatility as well as slow issuance of energy approvals by the economy ministry have been hampering progress on corporate power purchase agreements (PPAs) in Croatia...
Date: 30.01.2023, Category: Focus

Kosovo should use Kek’s earnings for renewables investment – IMF

The profit Kosovo’s power utility Kek is earning from exporting electricity produced by its coal units should be used to build new renewable capacity, the IMF said in a report on Friday....
Date: 30.01.2023, Category: Trading

Montenegro to launch day-ahead market on 26 April

The Montenegrin spot power exchange Mepx will go live on 26 April, its chief operating officer Dejan Draskovic told Montel in a telephone interview on Wednesday....
Date: 01.02.2023, Category: Trading

FBiH cuts renewables subsidies by 70% in 2023

Bosnia and Herzegovina’s Federation entity (FBiH) will reduce incentives for renewable energy producers in 2023 by over 70% to EUR 3.74m, the energy ministry told Montel on Thursday....
Date: 02.02.2023, Category: Trading

N. Macedonia to delay launch of trading platform until Q2 2023

North Macedonia is expected to set up its trading platform in Q2 2023 and not in Q1 as previously announced, according to Simon Shutinovski, the CEO of the Macedonian market operator Memo....
Date: 01.02.2023, Category: Trading

Croatia can expect 1.6 GW of wind, solar in five years – expert

Croatia can expect around 1.6 GW of new wind and solar capacity over the next five years, according to an expert on renewable energy and environmental protection at the Hrvoje Pozar energy institute i...
Date: 01.02.2023, Category: Articles

EPBiH issues new call for purchase, lease of land for solar farms

Bosnia and Herzegovina's (BiH) largest power utility EPBiH issued a public call on 30 January for municipalities, legal entities and individuals willing to sell or lease land for the construction of s...
Date: 01.02.2023, Category: Articles

Kosovo’s green transition requires natural gas – EU study

Kosovo will have to build two gas-fired power generation units until 2028 and construct large-scale gas infrastructure to help bolster its green energy transition, according to a study posted on the c...
Date: 31.01.2023, Category: Focus

BiH’s Etmax wins concession for largest solar park in W. Balkans

Renewable energy developer Etmax has won a 50-year concession to build a 500 MW solar park in the south-eastern municipality of Nevesinje, the company confirmed to Montel on Wednesday....
Date: 01.02.2023, Category: Trading

OMV sees German gas prices at EUR 60-70/MWh in 2023

Austrian energy company OMV expects German gas prices to average between EUR 60-70/MWh this year, around half the average of EUR 122/MWh last year when prices spiked in the wake of Russia’s invasion o...
Date: 02.02.2023, Category: Trading

Croatia’s Zito plans to ramp up its solar capacity to 50 MW

Croatian agricultural company Zito plans to install almost 50 MW of solar power plants on the rooftops of its facilities in eastern Croatia....
Date: 30.01.2023, Category: Trading

SEE POWER – HU-DE front week spread trades low on cold spell

The spread between Hungarian and German front week contracts is trading low amid cold temperatures and less windy weather forecast for Germany....
Date: 01.02.2023, Category: Trading

Kosovo may miss decarbonisation goal by a decade – study

Kosovo’s promises to achieve carbon neutrality by 2050 are unrealistic and the country’s decarbonisation goal may have to be delayed by another decade, according to a recent study....
Date: 31.01.2023, Category: Trading

Montenegro takes steps to implement IAP gas pipeline

The Montenegrin government tasked its natural gas TSO Montenegro Bonus to being developing the national section of the Ionian-Adriatic gas pipeline (IAP), it said in a statement last week....
Date: 30.01.2023, Category: Articles

Elicio Wind plans to add up to 60 MW of wind capacity in Serbia

Belgian renewables developer Elicio Wind plans to expand its portfolio in Serbia by adding up to 60 MW of wind capacity, according to a detailed regulatory plan released by the northern town of Pancev...
Date: 01.02.2023, Category: Articles

Axpo signs Serbia’s first long-term PPA for 105 MW of wind power

Swiss utility Axpo has signed a debut 10-year power purchase agreement (PPA) in Serbia with the developers of a 105 MW wind farm to be built in the eastern Krivaca region, it announced on Friday....
Date: 03.02.2023, Category: Trading

EU power generation from fossil fuels to dive 20% – study

Power generation from fossil fuels is set to slide 20% year on year in Europe this year as the region’s transition to renewables continues apace, said think-tank Ember in a new report published on Tue...
Date: 31.01.2023, Category: Articles

TAP to allocate 1.2bcm of capacity from 2026 amid expansion

The Trans Adriatic Pipeline (TAP) will allocate 1.2bcm a year of incremental capacity through long-term contracts from 2026 as part of its plans to double its capacity to 20bcm by 2027....
Date: 30.01.2023, Category: Trading

Russian gas flows to jump 27% today

Russia will export almost 24mcm of gas to northwestern Europe on Wednesday, 27% more than on Tuesday, pipeline operator data showed. ...
Date: 01.02.2023, Category: Trading

BiH’s Mostar to get own 60 MW solar power plant – mayor

Mostar in southern Bosnia and Herzegovina (BiH) will become the country’s first city to build a 60 MW solar power plant in a bid to reduce power costs, its mayor Ivan Kordic said on Monday....
Date: 30.01.2023, Category: Trading

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