Renewables and the market: intermittent energy source balancing is not that hard to grasp

The COVID-19 pandemic has rocked electricity markets across Europe, including Serbia. “Prices on SEEPEX in May dropped by about 40% against the three-year average. This trend will continue for some time, while forecasts beyond that period will depend on how fast consumption returns to pre-pandemic levels,” according to Dejan Stojčevski, Chief Operating Officer of the […]

SET 2020: Investors interested in developing 3,000 MW of wind power projects in Serbia

Investors are currently interested in developing 3,000 MW of wind power projects in Serbia, Dragan Vlaisavljević, executive director for electricity trading at state power utility Elektroprivreda Srbije (EPS), said at a panel titled “Regional Energy Review – Development Perspectives” held as part of Trebinje Energy Summit – SET 2020. These 3,000 MW of wind power […]

State to seek private partner for pumped-storage HPP Tarnita-Lapustesti

Romania’s Forecast and Strategy National Committee (CNSP) is starting a procedure to find a private partner for the pumped-storage hydropower plant Tarnita-Lapustesti, Romanian media reported. The CNSP has published a study for the development of the Tarnita-Lapustesti project under the public-private partnership (PPP) model. According to the study, the HPP is essential for the stability […]

Report: Energy Community countries’ shift in day-ahead markets development

The Western Balkans 6 (WB6) countries shifted from activities to develop national day-ahead markets towards finding an efficient solution that will secure rapid introduction of day-ahead market processes and coupling with neighboring markets, the Energy Community (EnC) Secretariat said in its latest WB6 report on electricity. However, overall the report sees very limited progress since […]