A memorandum of understanding on Italy and Montenegro’s electricity market coupling was signed in Rome. It also paves the way for the installation of the second cable of the Monita interconnector, which runs under the Adriatic Sea. Minister of Energy and Mining of Montenegro Admir Šahmanović (pictured middle) and Italian Minister of the Environment and […]
The transmission system operator of North Macedonia – MEPSO, France’s development agency Agence Française de Développement (AFD), and RTE International signed an agreement for a grant intended to support the Balkan country’s transmission system. At the same time, the Ministry of Energy, Mining, and Mineral Resources signed a joint declaration with AFD, officially welcoming the […]
Serbian transmission system operator (TSO) Elektromreža Srbije (EMS) and Montenegrin TSO CGES agreed that each would become the owner of the parts of overhead transmission lines on its country’s territory, and signed a contract. EMS and CGES signed a contract on the purchase of electricity infrastructure. The two state-owned TSOs said it is the confirmation […]
GridFlex plans to install a standalone battery energy storage system with a capacity of 125 MWh near the city of Leskovac, in southern Serbia. The investment is estimated at EUR 17 million. Serbia doesn’t have any utility-scale batteries, but many are in the project pipeline. GridFlex is one of 11 companies in the process of […]
Investors in Serbia are obtaining approvals for connecting their planned battery energy storage systems of an overall 2,021 MW and 5,899 MWh to the grid. The projects are for standalone batteries and ones that would be co-located with power plants. Battery energy storage systems (BESS) are rapidly expanding worldwide, and Southeast Europe is no exception. […]
The Single Day-Ahead Coupling area split its hourly units into 15-minute intervals for electricity trading. The change, affecting most European markets, is aimed at enhancing the integration of renewables by making flexibility and balancing more efficient. After delays and intensive testing, the European wholesale electricity market switched to a 15-minute market time unit (MTU) from […]
Slovenia’s transmission system operator ELES and the Ministry of Defence have signed a cooperation agreement for the Defence Resilience Hub Network in Europe – RESHUB project. Last year, the Ministry of Defence of Slovenia initiated the Defence Resilience Hub Network in Europe (RESHUB) project, which aims to establish self-sufficient energy hubs in Slovenian military barracks. […]
Slovenia’s transmission system operator ELES and Hitachi Energy have signed a strategic cooperation agreement for the implementation of their Next Generation Control System project. ELES and Hitachi Energy plan to develop advanced digital solutions for transmission grid control centers, according to Slovenia’s TSO. The Next Generation Control System project is a continuation of their cooperation […]
If 70% of the physical capacity of all power lines had been offered for cross-zonal trade by transmission system operators, half of the most severe price spikes or 147 spikes could have been avoided in South-East Europe in the summer of 2024, according to the latest report of the EU Agency for the Cooperation of […]
The Association of Energy Prosumers and Communities in Romania has called on the government to implement five measures that could swiftly reduce electricity bills. The measures target both individual homes and multi-apartment buildings, and results could be visible in up to 12 months, according to the Association of Energy Prosumers and Communities (APCE). The association […]
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