Hungary and Serbia electricity prices surge as SEE import dependence grows and German price gap widens

Southeastern European day-ahead electricity markets showed sharp price divergence on Thursday, with Hungary and Serbia trading above €260/MWh as stronger demand, tighter regional supply...
Market Snapshot SEE Power · Day-Ahead
Market Avg Price vs Yesterday
🇷🇸 Serbia — —
🇭🇺 Hungary — —
🇷🇴 Romania — —
🇧🇬 Bulgaria — —
🇭🇷 Croatia — —
🇸🇮 Slovenia — —
🇬🇷 Greece — —
🇲🇰 N. Macedonia — —
🇲🇪 Montenegro — —
🇦🇱 Albania — —
Delivery: 23 Oct 2026  ·  Updated: 23 Oct 2026 16:02

Market News Roundup CW42

Between October 12, 2026 and October 18, 2026, 61 articles were published. ...

SEE electricity prices surge as wind generation drops and Serbia becomes the region’s most expensive market

Southeast European day-ahead electricity prices rose sharply on Friday, with Serbia emerging as the region’s most expensive market as weaker wind generation, higher cross-border...

Southeast European electricity prices surge above €250/MWh as Serbia and Hungary face higher import costs

Electricity prices across Southeast Europe rose sharply for delivery on October 15, with Hungary and Serbia trading above €250/MWh as changing electricity balances in...

SEE electricity prices diverge by nearly €100/MWh as Greek renewables reshape regional power markets

Southeast European electricity markets recorded a sharp divergence in day-ahead prices for Wednesday delivery, with Serbia registering the region’s highest wholesale price at €234.67/MWh,...

Albania: ALPEX electricity trading surges 76% in September amid regional market expansion

Electricity trading on the Albanian Power Exchange (ALPEX) increased sharply in September 2026, highlighting the continued development of organised wholesale electricity markets in Albania...

SEE electricity markets: Serbia leads regional prices as Hungarian-German spread widens and import dependence persists

Southeast European electricity markets remained under significant price pressure for delivery on 13 October, with Serbia recording the highest day-ahead price among the regional...

Greece: PPC and Metlen to commission first 300 MW of regional battery capacity in early 2027

Greek energy groups PPC and Metlen expect to commission the first 300 MW of their joint battery-storage portfolio in the first quarter of 2027,...

Greece moves forward with first biomethane production facility

Greece is moving ahead with the development of its first biomethane production facility, following the issuance of an installation permit to DEPA Trade for...

Bosnia and Herzegovina: ERS secures new loans as Ugljevik shutdown intensifies financial strain

Bosnia and Herzegovina’s state-owned power utility ERS has secured another €2 million in short-term financing, bringing the total amount of new borrowing arranged within...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

EU recognition of Western Balkan renewable certificates could boost PPAs but not replace CBAM verification

Renewable generators in Serbia, Montenegro and other Energy Community markets could gain access to a broader European market for the environmental attributes of their...

EU reforms could restore multi-trader electricity exports while leaving contractual risks unresolved

European Union policymakers are considering changes that could make it easier for renewable electricity from neighbouring countries to qualify for actual-emissions treatment under CBAM....

Montenegro’s electricity exporters need stronger PPAs to secure Italian market revenues

The Adriatic interconnector gives Montenegro's renewable generators access to Italian buyers, but investment returns depend on carbon treatment, delivery profiles and the fallback provisions...

Serbian renewable projects face new contractual challenges on the Hungary export corridor

Export PPAs can expand market access for wind and solar projects, but the revenue ultimately reaching developers depends on delivery rights, trading costs and...

Federation of Bosnia and Herzegovina raises wholesale gas price 12%

The Federation of Bosnia and Herzegovina has approved a 12% increase in wholesale natural gas costs, setting the price at €567 per 1,000 standard...

Romania weighs extending household gas protections beyond 2027

Romania may delay the full liberalisation of gas prices for households beyond March 2027, as policymakers weigh the risk of higher bills against the...

Fitch Affirms Romgaz at BBB- as Neptun Deep Raises Growth and Debt Risks

Romanian gas producer Romgaz has kept its BBB- rating, with a negative outlook, as expected growth from the Neptun Deep offshore gas development is...

Hungary Leads EU with €1.71 Billion in Russian Gas Purchases

Hungary remained the European Union’s largest buyer of Russian pipeline gas in the first eight months of 2026, underscoring the continued role of Russian...

Serbia readies €153 million gas interconnector with North Macedonia

Serbia is preparing construction of a new natural-gas interconnector with North Macedonia, adding another southern import route for gas entering Southeast Europe via Greece....

US extends Lukoil asset-sale talks to November 21 as SEE refineries draw interest

The United States has moved the deadline for talks on the sale of Lukoil’s international portfolio to November 21, giving potential buyers more time...

Albpetrol awards crude tender amid 100,400/101,400-tonne discrepancy

Albania’s state-owned oil producer Albpetrol has awarded a contract for the sale of crude oil to domestic companies Europetrol Durres and Bitex Refinery. The...

North Macedonia weighs restarting OKTA crude refining near Skopje

OKTA refinery restart review North Macedonia is examining whether crude-oil refining could resume at the OKTA refinery near Skopje, more than a decade after the...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

Slovenia’s Brežice Solar Complex Reaches 15.34 MW

HESS, Slovenia’s hydropower producer, has commissioned two solar facilities at the Brežice hydropower plant, bringing total photovoltaic capacity at the site to 15.34 MW....

EPCG submits environmental assessment for 37.6 MW Kapino Polje B2 solar plant

Montenegro’s state-owned power utility EPCG has submitted an environmental-impact assessment for its planned 37.6 MW Kapino Polje B2 solar power plant near Nikšić, advancing...

Croatia to auction guarantees of origin for wind, solar and biomass on Oct. 27

Croatia will hold a new round of guarantees of origin auctions on Oct. 27, with certificates linked to wind, solar and biomass generation. The...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

Slovenia’s Brežice Solar Complex Reaches 15.34 MW

HESS, Slovenia’s hydropower producer, has commissioned two solar facilities at the Brežice hydropower plant, bringing total photovoltaic capacity at the site to 15.34 MW....

EPCG submits environmental assessment for 37.6 MW Kapino Polje B2 solar plant

Montenegro’s state-owned power utility EPCG has submitted an environmental-impact assessment for its planned 37.6 MW Kapino Polje B2 solar power plant near Nikšić, advancing...

Croatia to auction guarantees of origin for wind, solar and biomass on Oct. 27

Croatia will hold a new round of guarantees of origin auctions on Oct. 27, with certificates linked to wind, solar and biomass generation. The...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

Serbia Business News

Regional Coverage

Between October 12, 2026 and October 18, 2026, 61 articles were published. Most-read in this period 1. HELLENiQ ENERGY commissions €50 million...

EU verifier guidance tightens evidence requirements for CBAM electricity

New European Commission guidance has shifted the European Union’s carbon border levy for imported electricity from a largely regulatory requirement into a detailed verification...

Serbia’s renewable developers face a two-market test under EU carbon rules

Serbian wind and solar developers are increasingly facing a route-to-market decision that goes beyond the traditional choice between merchant exposure and long-term power purchase...

Serbian industry’s renewable PPAs offer no automatic shortcut through CBAM

Serbian industrial companies are increasingly treating renewable power purchase agreements as tools for energy security, cost management and export competitiveness. Yet the growing use...

Europe’s green power imports discover that CBAM value is settled hour by hour

A Serbian wind or solar plant may produce electricity with negligible direct operational emissions. That does not mean, however, that an EU buyer can...

EU CBAM electricity claims rely on auditable MRV evidence chain

Renewable electricity has typically been traded using a set of instruments in which the producer supplies power, the trader handles scheduling and balancing, and...

Verified green electricity platform for CBAM-ready industrial supply in Serbia

Serbia’s verified green electricity platform is designed to connect wind generation, solar generation and 100 MW battery storage with industrial electricity demand and verified...

CBAM-ready electricity contracts in Serbia: evidence chains for producers and buyers

Under CBAM, indirect emissions are calculated by multiplying electricity consumed in production by an applicable electricity emission factor, which may be a grid factor...

CBAM indirect emissions shift: exporters need electricity metering architecture

The European Commission’s technical study on indirect emissions in the Carbon Border Adjustment Mechanism (CBAM) was published through DG TAXUD on 8 June 2026....

Slovenia’s Mokrice hydropower plant could start construction in 2027-28

Construction of Slovenia’s long-delayed Mokrice hydropower plant could begin in late 2027 or early 2028, subject to permitting and possible legal challenges. The project...

Serbia targets mid-2027 JICA deal for Bistrica pumped storage

Serbia aims to sign a financing agreement with the Japan International Cooperation Agency (JICA) by mid-2027 for the planned Bistrica pumped-storage hydropower plant, as...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Bistrica hydropower project investment cost tops €171 million after €11 million recapitalization

The estimated investment value of HE Bistrica has risen from an original €102.5 million to more than €171 million, an increase of roughly 66%....

Hydropower output at Bosnia’s Višegrad plant falls in September 2026

September generation at 315 MW Višegrad Electricity generation at Bosnia and Herzegovina’s 315 MW Višegrad hydropower plant declined in September, according to figures from operator...

Romania targets early-2027 start for 400 kV Suceava-Bălți link

Romanian transmission system operator Transelectrica expects work on the 400 kV Suceava-Bălți connection with Moldova to begin in early 2027, as permits for the...

EPBiH coal shortages raise risk of further electricity tariff pressure in 2026-2027

EPBiH, the state-owned power utility in Bosnia and Herzegovina, faces renewed electricity-price pressure as coal supply problems contribute to losses. The company could see...

Bulgaria records 3.69 TWh net electricity export surplus through October 18, 2026

Bulgaria posted a net electricity export surplus of 3.69 TWh between January 1 and October 18, 2026. During the period, electricity output expanded faster...

Republika Srpska to raise electricity prices from 2027 amid Ugljevik coal issues

Businesses in Republika Srpska are expected to see higher electricity prices starting in January 2027, with households facing increases from March. The authorities are...

Transelectrica to invest over €2.25bn in Romania grid upgrades through 2035

Romanian transmission system operator Transelectrica plans to invest more than €2.25 billion between 2026 and 2035 as part of a ten-year grid programme. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

Krško nuclear plant generates 487,438 MWh in September 2026, misses target

The Krško nuclear power plant, jointly owned by Slovenia and Croatia, produced 487,438 MWh of net electricity in September 2026. Output was 1.53% below...

Romania reviews Doicești SMR after internal check leaves over 80% conditions unresolved

Romania’s nuclear power utility Nuclearelectrica is reassessing the future of the Doicești small modular reactor project following an internal review. The review concluded that...

Romania seeks shareholder nod for two €400m EIB loans for Cernavodă unit 1

Nuclearelectrica requests approval for EIB financing Romania’s Nuclearelectrica is seeking shareholder approval for two €400 million European Investment Bank loans to support the refurbishment of...

Cernavoda reactors stay offline until at least 15 October amid low Danube flows

Romania’s Cernavoda nuclear plant is expected to remain fully unavailable until at least 15 October, extending the country’s reliance on imported electricity. Low Danube...

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