Global installed energy storage is on a steep rise and is expected to increase ninefold by 2040, to over 4 TW, driven by battery energy storage systems (BESS), which saw record growth in 2024, according to a report by Rystad Energy. In recent years, the cost of storing electricity has dropped significantly thanks to the […]
Digitalization and massive use of data are crucial for providing flexibility services that bring benefits for transmission system operators and renewable energy producers. Aggregators and software firms have developed the technological solutions. However, the process, together with the introduction of flexibility platforms, requires a long time. The reforms also have to be accompanied by market […]
Capacity building and education for corporates, together with product diversification and an upgrade of the regulatory framework, could clear the obstacles for power purchase agreements in the Western Balkans, which are lagging behind the other countries in Southeast Europe. In addition to their other benefits, such contracts could contribute to securing baseload energy from hybrid […]
Public Power Corp. (PPC Group) is launching construction on two battery energy storage systems (BESS) in northern Greece, of 48 MW / 96 MWh and 50 MW / 100 MWh. There is currently no larger BESS in Southeastern Europe, but the Oslomej solar park in North Macedonia is expected to get a battery system of […]
Factors like power price volatility, the global shift in policy making and the need for flexible solutions for the integration of renewables are creating an important momentum for developers and aggregators, Chief Executive Officer of Alteo, Attila Chikán, said at Belgrade Energy Forum 2025. The company is expanding in Central and Southeastern Europe with investments […]
Bosnia and Herzegovina is set to have its first battery energy storage systems installed in the transmission network, which will provide auxiliary services. The State Electricity Regulatory Commission is drafting a decision to allow battery energy storage systems (BESS) to offer secondary frequency regulation, Mirza Kušljugić, a member of the Board of the Regional Center […]
Everything is ready for the third Belgrade Energy Forum – BEF 2025. On May 14 and 15, the conference will gather four hundred participants from more then 30 countries from the region, Europe, and beyond. Participants of the Belgrade Energy Forum 2025 (BEF 2025) will have the opportunity to hear from speakers from the European […]
Serbia’s transmission system operator Elektromreža Srbije signed grid connection contracts today for 11 renewable power plants. TSO Elektromreža Srbije (EMS) noted that the contracts were signed after the second interval for the preparation of studies for the connection of power plants to the transmission grid. The total capacity of the facilities within the new deals is […]
Around a year after announcing its pilot project in Croatia’s Slavonia region, Janom Investments has reached the ready-to-build stage for the 30 MW photovoltaic plant. This marks Janom Investments’s first investment in Croatia and a significant step in its regional expansion. Construction is scheduled to begin in August 2025, with commissioning planned for the second quarter […]
Wind farms with a capacity of 3,800 MW and solar power plants with a capacity of 12,500 MW are currently in various stages of development in Bosnia and Herzegovina, according to the indicative plan for the development of production 2026-2035, published by the Independent System Operator in Bosnia and Herzegovina. The goal of the ten-year […]