Necessary investments in Bosnia and Herzegovina’s electricity distribution grids by 2030 amount to BAM 1.4 billion (EUR 716 million), according to Zijad Bajramović, chairman of the Bosnia and Herzegovina committee of the International Council on Large Electric Systems (CIGRE). The growing installation of power plants utilizing renewable energy sources is creating congestion in transmission and […]
State-owned power utility Elektroprivreda Srbije (EPS) and the Government of Serbia plan to develop a 500 MW wind farm project with a strategic partner, according to Aleksandar Latinović, Head of Ancillary Services at EPS. He also noted that a 1,000 MW solar power project is expected to be online by 2029. The Energy Infrastructure Development […]
Europe installed 6.8 GW of new wind farms in the first six months of the year. According to WindEurope, it isn’t nearly enough to deliver the EU’s 2030 energy security and climate targets. WindEurope has also reduced the 2025 outlook for wind investments. In its latest wind energy data for Europe, the organization highlighted the […]
Three reactor projects offered by EDF and Westinghouse have been assessed as technically feasible for the site of the future Krško 2 nuclear power plant, according to technical feasibility studies presented by GEN Energija during the announcement of its 2024 results. GEN Group ended last year with a EUR 186 million profit, down 9% from […]
Montenegro’s state-owned power utility, Elektroprivreda Crne Gore, has launched a tender for the procurement and installation of two battery energy storage systems with a total capacity of 60 MW/240 MWh. Elektroprivreda Crne Gore (EPCG) is seeking a partner for the design, supply, installation, testing, and commissioning of two battery energy storage systems (BESS), each with […]
The world’s total capacity of solar power plants has increased by 380 MW in the first half of 2025. It is a 64% increase compared to the same period last year, according to Ember. In the first six months of 2024 the world added 232 GW. It took until September that year for new solar […]
Serbia and South Korean company Korea Hydro & Nuclear Power have signed two memorandums of understanding on cooperation in the fields of nuclear energy and hydrogen. The memorandums were signed by Sonja Vlahović, State Secretary at the Ministry of Mining and Energy, and Joo-ho Whang, President and CEO of Korea Hydro & Nuclear Power (KHNP), […]
The testing of an exploratory well near the Croatian city of Osijek has confirmed the area’s geothermal potential, according to the Croatian Hydrocarbon Agency. This marks the second successful completion of exploratory activities within a broader project aimed at developing geothermal potential for district heating in Croatia. At the end of June, good news came […]
For the first time, Elektroprivreda Srbije (EPS) will not take out loans this year, but will finance all investments from its own resources, according to General Manager Dušan Živković. However, it has affected the financial performance of Serbia’s state-owned power utility, with profit in the first half of 2025 coming in lower than in the […]
Serbia has launched works as part of the BeoGrid 2025 project, aimed at improving the power transmission infrastructure in Serbia, the region, and Europe, as well as facilitating electricity offtake from renewable energy power plants in the South Banat region of Vojvodina. The BeoGrid 2025 project, worth EUR 205 million, comprises six distinct components, according […]