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Montenegro raises EUR 13m in CO2 credit auction

Date: 14.06.2024 Author: Maja Žuvela
Montenegro raises EUR 13m in CO2 credit auctionPhoto: Roman Peklaj

Montenegro has raised nearly EUR 13m in an auction of vintage emission allowances for 2023, with the 225 MW Pljevlja coal-fired power plant operated by utility EPCG being the sole bidder, the

EPBiH gets MPs backing for EUR 25.1m EBRD solar loan (45 MW)

Date: 14.06.2024 Author: Maja Žuvela
EPBiH gets MPs backing for EUR 25.1m EBRD solar loan (45 MW)Photo: Montel

Bosnia and Herzegovina’s (BiH) power utility EPBiH has received parliamentary approval for a EUR 25.1m loan from the European Bank for Reconstruction and Development (EBRD), with which it plans to

N. Macedonia to build gas plants (400 MW) for balancing needs

Date: 13.06.2024 Author: Montel
N. Macedonia to build gas plants (400 MW) for balancing needsPhoto: TAP AG

While North Macedonia supports the green transition, it needs to ensure sufficient baseload capacity to balance its power system and so will build two 200 MW gas-fired plants, its expected incoming

Hungary’s MVM sells half of power surplus offered at auction

Date: 12.06.2024 Author: Maja Žuvela
Hungary’s MVM sells half of power surplus offered at auctionPhoto: Roman Peklaj

The Hungarian state-owned energy firm MVM sold 87,600 MWh of baseload electricity for delivery in 2025 and 2026 on 12 June, which represents half of the offered volume, it has told Montel.

Montenegrin Pljevlja plant outage prolonged until next week

Date: 12.06.2024 Author: Maja Žuvela
Montenegrin Pljevlja plant outage prolonged until next weekPhoto: EPCG

The overhaul of Montenegro’s Pljevlja coal-fired power plant has been extended until next week, an official from the power utility EPCG, which operates the 225 MW plant, told Montel on Wednesday.

SEE Power – HU front month eases, near and front curve firms

Date: 12.06.2024 Author: Maja Žuvela
SEE Power – HU front month eases, near and front curve firmsPhoto: Roman Peklaj

Hungarian power for delivery in July eased day-on-day on Wednesday but increased from Monday’s close on June supply tightness and firmer gas prices, traders have told Montel.

BiH to be hit hardest by CBAM in W. Balkans – analyst

Date: 07.06.2024 Author: Maja Žuvela
BiH to be hit hardest by CBAM in W. Balkans – analystPhoto: Roman Peklaj

Bosnia and Herzegovina (BiH), the Western Balkans’ largest electricity exporter, is likely to be the worst hit by the EU carbon border tax, according to an economy and energy market analyst at

CBAM may hamper green transition in W. Balkans – EFT

Date: 07.06.2024 Author: Maja Žuvela
CBAM may hamper green transition in W. Balkans – EFTPhoto: Roman Peklaj

The EU’s carbon border adjustment mechanism (CBAM) may hamper investments and even stall the green transition in the Western Balkans, Maja Rasovic of the EFT Group told the Energy Community

EU spending on fossil fuels to hit 7-year high in 2024 – IEA

Date: 07.06.2024 Author: Elias Huuhtanen, Montel
EU spending on fossil fuels to hit 7-year high in 2024 – IEAPhoto: Fatos Bytyci

Investments in fossil fuels in the EU are set to hit a seven-year high this year, while that for renewables is expected to fall 3% compared to 2023, the International Energy Agency (IEA) told Montel

Energy Community parties urged to fill NECP gaps

Date: 07.06.2024 Author: Maja Žuvela
Energy Community parties urged to fill NECP gapsPhoto: Roman Peklaj

The Energy Community parties need to fill the gaps in their National Energy and Climate Plans (NECPs) and adopt them as tools to navigate transition, according to the head of its European Green Deal

North Macedonia’s plans for coal push sparks concern

Date: 07.06.2024 Author: Montel
North Macedonia’s plans for coal push sparks concernPhoto: Montel

As North Macedonia’s incoming government prepares to take the reins, concerns are mounting over its plans to extend the life of coal-fired power plants and prioritise fossil fuel investments over

Energy Community urges faster power package integration

Date: 06.06.2024 Author: Maja Žuvela
Energy Community urges faster power package integrationPhoto: Roman Peklaj

The Energy Community Secretariat has urged its members to accelerate the transposition of the electricity integration package (EIP) into their national legislations to enable them to start working on



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