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Slovenia's Sostanj coal power plant likely to close in 2029

Date: 28.09.2023 Author: Maja Žuvela
Slovenia's Sostanj coal power plant likely to close in 2029Photo: TEŠ

Rising carbon prices could force the Slovenian Sostanj coal-fired power plant to close as early as 2029, its general manager Branko Debeljak said on Wednesday.

BiH’s Stanari plans new coal mine for production until 2050

Date: 27.09.2023 Author: Maja Žuvela
BiH’s Stanari plans new coal mine for production until 2050Photo: EFT

EFT Rite Stanari, the only privately-run coal-fired power plant in Bosnia and Herzegovina (BiH), is developing a new mine which will help the 300 MW facility continue operations until 2050, according

Montenegrin utility EPCG eyes record profit in 2023 – CEO

Date: 22.09.2023 Author: Maja Žuvela
Montenegrin utility EPCG eyes record profit in 2023 – CEOPhoto: iStockPhoto

Montenegro’s power utility EPCG expects to post a record profit of over EUR 100m in 2023, considerably more than the EUR 4.3m profit it made last year, its CEO Nikola Rovcanin said on Friday.

Coal-reliant Serbia set to become power importer

Date: 21.09.2023 Author: Maja Žuvela
Coal-reliant Serbia set to become power importerPhoto: Roman Peklaj

Coal-reliant Serbia is set to face a power deficit and become more reliant on imports as it phases out coal and transitions to green energy, according to Marius Holm Rennesund of the Thema Consulting

Serbian 350 MW Kostolac B3 unit to connect to grid by Oct

Date: 15.09.2023 Author: Dušan Telesković
Serbian 350 MW Kostolac B3 unit to connect to grid by OctPhoto: Premogovnik Velenje

The new 350 MW unit B3 at the Kostolac power plant should be connected to the grid by early October but will only come online later, according to Serbian power utility Eps’ acting CEO.

EIA revises down US LNG exports amid record gas consumption

Date: 13.09.2023 Author: Laurence Walker, Montel
EIA revises down US LNG exports amid record gas consumptionPhoto: MZOE

The US Energy Information Administration (EIA) has revised down its US LNG export forecast for this year by 2.2% amid record domestic gas demand for the time of year.

Demand for oil, gas, coal to peak before 2030 – IEA

Date: 12.09.2023 Author: Robin Newbold, Montel
Demand for oil, gas, coal to peak before 2030 – IEAPhoto: Tanja S. Volarič

The era of fossil fuels is coming to an end, with demand for oil, gas and coal to peak before 2030, the head of the International Energy Agency (IEA), Fatih Birol, told the Financial Times on Tuesday.

Gas jumps more than 10% on LNG strike

Date: 08.09.2023 Author: Kelly Paul, Montel
Gas jumps more than 10% on LNG strikePhoto: TAP AG

European gas prices jumped by more than 10% on Friday after strike action began at key Australian LNG production facilities, threatening 6% of global supply.

Serbia examines storage potential of coal plants

Date: 05.09.2023 Author: Dušan Telesković
Serbia examines storage potential of coal plantsPhoto: www.tentesla.com

Serbian scientists have begun exploring the possibilities of boosting the efficiency of existing coal-fired power plants and making them reversible for use as energy storage facilities, professor

BiH coal mine restarts production, but problems remain

Date: 01.09.2023 Author: Dalibor Dobrić
BiH coal mine restarts production, but problems remainPhoto: Fatos Bytyci

The Zenica coal mine in Bosnia and Herzegovina (BiH) resumed operations after miners ended their strike once the new management secured a EUR 3.78m advance payment for coal deliveries, but financial

Gas dives 9% on near full EU storage

Date: 31.08.2023 Author: Marcin Czekanski, Montel
Gas dives 9% on near full EU storagePhoto: Roman Peklaj

Europe’s benchmark front-month gas contract dived 9.2% on Thursday amid near full storage levels in the region, which could also see spot prices sink below EUR 20/MWh.

Renewables in W. Balkans still face obstacles – developers

Date: 29.08.2023 Author: Montel
Renewables in W. Balkans still face obstacles – developersPhoto: Montel

Long licensing procedures, complicated regulations, poor infrastructure, are among the issues still hampering the development of the Western Balkan renewables sector, developers have told Montel.



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