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    SEE Energy News

    SEE power prices recover as Western flows strengthen, Serbia stays discounted

    Southeast European day-ahead electricity prices rebounded strongly on Sept. 28 as weekday demand recovered and cross-border flows shifted towards higher-priced western markets. Serbia remained...
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    Market Snapshot SEE Power · Day-Ahead
    Market Avg Price vs Yesterday
    🇷🇸 Serbia 111.69 €/MWh +0.45%
    🇭🇺 Hungary 161.19 €/MWh +37.05%
    🇷🇴 Romania 154.34 €/MWh +30.67%
    🇧🇬 Bulgaria 150.49 €/MWh +24.68%
    🇭🇷 Croatia — —
    🇸🇮 Slovenia — —
    🇬🇷 Greece 185.29 €/MWh +42.74%
    🇲🇰 N. Macedonia 150.41 €/MWh +36.08%
    🇲🇪 Montenegro 168.14 €/MWh —
    🇦🇱 Albania 153.28 €/MWh -0.36%
    Delivery: 28 Sep 2026  ·  Updated: 28 Sep 2026 16:04

    Live Trading News

    SEE power prices remain above €200/MWh as falling wind output boosts import demand

    SEE Energy News
    Southeast European day-ahead electricity prices remained elevated on Sept. 25, as a sharp decline in wind generation tightened regional power balances and increased reliance...

    Serbia power prices rise as regional markets retreat from Tuesday’s spike

    SEE Energy News
    Serbia’s day-ahead electricity price rose by €18.2/MWh to €195.99/MWh for Wednesday delivery, moving in the opposite direction to sharp declines across most neighbouring markets...

    Hungarian and SEE power prices surge as cold weather tightens regional supply

    SEE Energy News
    Day-ahead electricity prices rose sharply across Hungary and much of southeastern Europe on Tuesday, as colder weather increased demand, renewable generation weakened and electricity...

    Southeast European power prices surge on September 21 as weekday demand recovers

    SEE Energy News
    Southeast European day-ahead electricity prices rose sharply on September 21 as weekday demand recovered, while Hungary remained at a significant premium to most neighbouring...

    Market News Roundup CW38

    News Serbia Energy
    Between September 14, 2026 and September 20, 2026, 63 articles were published. ...

    Hungary power premium widens as weaker wind drives Southeast Europe imports and prices

    SEE Energy News
    Day-ahead electricity prices rose across most of Southeast Europe for Friday delivery as weaker wind generation increased the region’s import requirement, widening Hungary’s premium...

    Markets

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    Green electricity market splits between certificates and verified evidence

    Southeast Europe’s green-power market is gradually developing into two commercially distinct products: electricity carrying a renewable attribute and electricity supported by a more comprehensive...

    CBAM adds new evidence risks to renewable project financing

    Banks financing renewable energy projects in the Western Balkans increasingly need to assess not only whether a project can generate electricity, but also whether...

    CBAM gives electricity traders a new role in managing carbon evidence

    Southeast European electricity traders are increasingly taking on a role that goes beyond buying power in one market and selling it in another. As carbon...

    CBAM reshapes Western Balkan power trading and route economics

    Western Balkan electricity trading is entering a market where the largest wholesale-price spread may no longer translate into the highest commercial return. CBAM has introduced...

    Serbia’s industrial exporters could help drive the next wave of renewable investment

    Serbian industrial exporters could become increasingly important anchor customers for new renewable energy projects as developers seek long-term buyers, while manufacturers look for greater...

    Serbia’s electricity suppliers enter the CBAM-ready industrial power market

    Serbia’s electricity supply market is gradually creating space for a more sophisticated industrial energy product, where the value of electricity depends not only on...

    SEE power markets remain exposed to gas supply risks ahead of winter

    Southeast European power markets entered the final part of September with lower electricity demand and sharply reduced gas-fired generation, while exposure to gas supply...

    Italy and Croatia see higher LNG inflows as Greek receipts decline

    LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...

    Gas

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    Serbia launches $600 million gas network modernisation with World Bank support

    Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

    Bulgargaz obtains 10-year wholesale gas licence for Serbia

    Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

    MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

    Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...

    European TTF falls as Hormuz concerns ease, winter risk still in focus

    European natural gas prices finished the week sharply lower, with subdued demand and continued storage injections outweighing concerns over LNG flows through the Strait...

    Alternative gas supply plans for Hungary by 2027 via Croatia and regional pipelines

    Hungary says alternatives could replace Russian gas within a year, and that it could technically replace Russian natural gas within a year. The statement...

    Oil

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    Bulgaria competition authority expands Lukoil wholesale fuel pricing investigation

    Bulgaria’s competition authority has intensified its examination of the wholesale fuel market, requesting additional cost and pricing information from Lukoil Bulgaria and Lukoil Neftochim...

    Serbia draws on diesel reserves as NIS seeks new US operating licence

    Oil company NIS has asked the U.S. Treasury for a new operating licence beyond Sept. 30. Serbia has started drawing on mandatory diesel reserves...

    MOL completes €49.6 million AV-3 rebuild for staged October restart

    MOL has completed a €49.6 million reconstruction of the AV-3 crude distillation unit at its Danube refinery. The work is intended to prepare the...

    Bulgaria lifts Neftochim Burgas export limits for Lukoil products

    Bulgaria has lifted restrictions on fuel exports from the Neftochim Burgas refinery, enabling diesel, jet fuel and other products to return to EU and...

    Croatia reduces diesel excise duty to limit retail price rise

    Croatia has cut diesel excise duty to absorb part of a rise in international fuel costs and limit the increase passed on to motorists....

    Solar

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    Hungary commissions 70 MW solar-plus-storage with 80 MWh battery in Hódmezővásárhely

    Hungary has commissioned a hybrid renewable energy facility combining a 70 MW solar plant with an 80 MWh battery. The project is located in...

    Renalfa upgrades Devnya solar to 65 MWp with 165 MWh battery storage

    Renalfa IPP has expanded its Devnya solar plant in Bulgaria from 5 MWp to 65 MWp and paired the site with a 60 MW/165...

    Fortis and Inelso to build 30 MW solar with battery storage in Vojvodina

    Fortis Energy and Inelso Energy Systems plan to invest about €25.5 million in a 30 MW solar project with battery storage in Serbia’s Vojvodina...

    Renalfa boosts Devnya solar to 65 MW with 60 MW/165 MWh battery

    Renalfa has expanded its Devnya solar project in northeastern Bulgaria, increasing generation capacity from 5 MW to 65 MW. The upgrade adds a new...

    Solar boosts share of EU renewable power in Q2 2026

    Renewables provided 54.1% of EU electricity generation in the second quarter of 2026, compared with 54.3% in the same period of 2025. Solar power...

    Wind

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    Hungary commissions 70 MW solar-plus-storage with 80 MWh battery in Hódmezővásárhely

    Hungary has commissioned a hybrid renewable energy facility combining a 70 MW solar plant with an 80 MWh battery. The project is located in...

    Renalfa upgrades Devnya solar to 65 MWp with 165 MWh battery storage

    Renalfa IPP has expanded its Devnya solar plant in Bulgaria from 5 MWp to 65 MWp and paired the site with a 60 MW/165...

    Fortis and Inelso to build 30 MW solar with battery storage in Vojvodina

    Fortis Energy and Inelso Energy Systems plan to invest about €25.5 million in a 30 MW solar project with battery storage in Serbia’s Vojvodina...

    Renalfa boosts Devnya solar to 65 MW with 60 MW/165 MWh battery

    Renalfa has expanded its Devnya solar project in northeastern Bulgaria, increasing generation capacity from 5 MW to 65 MW. The upgrade adds a new...

    Solar boosts share of EU renewable power in Q2 2026

    Renewables provided 54.1% of EU electricity generation in the second quarter of 2026, compared with 54.3% in the same period of 2025. Solar power...

    Serbia Business News

    Regional Coverage

    Serbia Energy News

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    Between September 21, 2026 and September 27, 2026, 65 articles were published. Most-read in this period 1. Europe: Solar generation declines as...
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    SEE Energy News

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    Specials

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    EU verifier guidance tightens evidence requirements for CBAM electricity

    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

    Markets
    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

    Markets
    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

    Markets
    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

    SEE Energy News
    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

    Electricity
    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

    Electricity
    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

    Markets
    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....

    Hydro

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    Serbia begins documentation for €2.6 billion Đerdap 3 pumped storage

    Contract for planning and technical documentation Serbia has started formal project-documentation work for the planned 1.8 GW Đerdap 3 pumped-storage plant, advancing one of Southeast...

    EPS to modernise 104 MW Bistrica hydropower plant with €65 million overhaul

    Modernisation scope for EPS’s Bistrica plant Serbian state utility EPS is preparing a €65 million modernisation of the 104 MW Bistrica hydropower plant. The project...

    Perucica hydropower returns to full 307 MW after EPCG overhaul

    Montenegro’s Perucica hydropower plant has returned to its full 307 MW capacity following the completion of the final stage of its annual overhaul by...

    ERS unit seeks €11m capital boost for HE Bistrica hydropower project

    Proposed recapitalisation and shareholder vote Hidroelektrane na Drini, part of Bosnia and Herzegovina’s Serb power utility ERS, is preparing another recapitalisation of the project company...

    Perućica hydropower unit EPCG returns 190 MW after annual maintenance

    Montenegro’s state power utility EPCG has returned 190 MW of capacity at the Perućica hydropower plant to operation after completing the main phase of...

    Electricity

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    Slovenia net generation down 13% in August as imports increase

    Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

    North Macedonia generation drops 22% in July as renewables rise

    North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

    Bulgaria and Greece price levels fall as solar and battery capacity grows

    Southeast Europe is emerging as one of Europe’s lower-priced electricity regions, with growing renewable generation and battery deployment beginning to alter the regional price...

    Slovenia electricity demand up 8% in August, exceeding 2026 plan

    Slovenian electricity consumption increased by more than 8% year on year in August, keeping overall demand ahead of the 2026 system plan. The latest...

    Montenegro imports nearly 30% of 2025 electricity as renewables dominate output

    Montenegro relied on imports for almost 30% of its electricity needs in 2025. The country covered almost 30% of its electricity requirements through net...

    Nuclear

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    Kozloduy unit 5 output cut as Danube levels fall below cooling-water thresholds

    Bulgaria’s Kozloduy nuclear power plant has reduced output from unit 5 after exceptionally low Danube levels constrained cooling-water availability. Regulators said the plant remains...

    Cernavoda output loss expected to continue into October amid low Danube levels

    Romania is expected to remain without output from the Cernavoda nuclear plant into October as low Danube levels continue to restrict cooling conditions. The...

    Cernavoda output loss expected to continue into October as Danube cooling limits persist

    Romania is expected to remain without output from the Cernavoda nuclear plant into October, with low Danube levels restricting cooling conditions. The prolonged outage...

    Hungary review of Paks II by end-2026 amid 8 GW solar growth

    Hungary is conducting a review of the planned Paks II nuclear expansion, with a decision expected by the end of 2026. The assessment is...

    Krsko nuclear plant misses August output plan by 8.44%

    The jointly owned Krsko nuclear power plant produced 457,822 MWh of net electricity in August, according to published figures. Output was 8.44% below the...

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