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    SEE Energy News

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

    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...
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    Market Snapshot SEE Power · Day-Ahead
    Market Avg Price vs Yesterday
    🇷🇸 Serbia 198.55 €/MWh +11.66%
    🇭🇺 Hungary — —
    🇷🇴 Romania 197.89 €/MWh -14.61%
    🇧🇬 Bulgaria 184.29 €/MWh -12.96%
    🇭🇷 Croatia — —
    🇸🇮 Slovenia — —
    🇬🇷 Greece 201.69 €/MWh -4.76%
    🇲🇰 N. Macedonia — —
    🇲🇪 Montenegro 166.36 €/MWh +4.86%
    🇦🇱 Albania 193.92 €/MWh +11.94%
    Delivery: 23 Sep 2026  ·  Updated: 23 Sep 2026 16:02

    Live Trading News

    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...

    Grid constraints widen SEE power price gap as Serbian prices plunge and Hungary rises

    SEE Energy News
    Southeast European day-ahead electricity markets diverged sharply on Thursday, September 17, as stronger solar generation pushed prices lower across the central Balkans while tighter...

    CBAM drives sharp decline in Western Balkan electricity trade with EU markets

    SEE Energy News
    Electricity trading between the Western Balkans and neighbouring European Union markets remained significantly below last year’s levels during the first half of 2026, providing...

    Trading Note 16/9: Solar surge sends SEE power prices sharply lower as Italy decouples

    SEE Energy News
    Southeast European day-ahead electricity prices fell sharply on Wednesday, September 16, as stronger solar generation and lower regional demand eased the tight market conditions...

    Southeast Europe power prices fall as evening scarcity keeps market risk elevated

    SEE Energy News
    Southeast European day-ahead electricity prices fell sharply on Tuesday as stronger solar generation eased daytime supply pressure, although weaker wind output, rising consumption and...

    Hungary leads SEE power-price surge as lower wind tightens Monday market

    SEE Energy News
    Hungarian electricity prices for Monday delivery surged as weekday demand recovered and wind generation declined, creating a high-price zone across Central Europe and widening...

    Markets

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    Europe: Power prices decline across major markets as Italy records an increase

    Weekly average electricity prices declined across most major European markets during the third week of September, with Italy the only market to record an...

    Europe: Power demand diverges as Germany and Portugal rise while Southern markets decline

    During the week of September 14, electricity demand increased in Belgium, Germany and Portugal, compared with the previous week. Belgium recorded the strongest growth,...

    Europe: Solar generation declines as wind power output increases across major markets

    During the week of September 14, solar photovoltaic generation declined across all major European electricity markets compared with the previous week. Portugal recorded the...

    Serbia: Belgrade launches geothermal drilling programme for district heating

    Belgrade district-heating utility Beogradske Elektrane has launched a tender for exploratory geothermal drilling at its New Belgrade and Miljakovac heating plants, marking a move...

    Serbia: Vinča waste-to-energy plant reaches one million tonnes of processed waste

    The Vinča waste-to-energy plant near Belgrade has processed its first one million tonnes of municipal waste, marking a significant milestone in the Serbian capital’s...

    Southeast Europe power prices move closer to European levels as renewables and storage grow

    Wholesale electricity prices in Southeast Europe are moving closer to the lower end of the European market as the rapid expansion of renewable generation...

    North Macedonia advances €119 million storage and grid upgrade as flexibility takes over from coal

    North Macedonia is preparing a combined €119 million investment in battery storage and grid digitalisation, signalling a shift in the country’s energy transition from...

    AKTOR targets 51% stake in DEPA’s €370 million hybrid portfolio as Greece’s storage market consolidates

    Greece’s energy storage market is moving toward larger integrated portfolios as AKTOR Renewables moves to acquire a majority stake in a portfolio of hybrid...

    Gas

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    Romania increases gas injection rates ahead of winter

    Romania has stepped up gas storage injections to more than 13 million cubic metres per day ahead of winter. The increase follows stronger cross-border...

    Europe: Brent, TTF gas and CO₂ prices remain high amid Middle East supply risks

    On Tuesday, September 15, front-month Brent crude oil futures on the ICE market reached a weekly settlement high of $108.75/bbl. According to data analyzed...

    Hungary plans full Russian gas replacement by October 2027 via southern supply routes

    Economy and Energy Minister István Kapitány said Hungary should be able to meet demand without Russian gas by October 2027, aligning with the European...

    Hydrogen-to-power flexibility study links Slovenia’s ELES and Plinovodi systems

    Electricity transmission operator ELES, gas system operator Plinovodi and Japan’s Yokogawa Electric signed a memorandum on Sept. 10 to develop a Slovenian hydrogen ecosystem...

    Montenegro and Japan sign five-year framework for grids, LNG and low-carbon tech

    Montenegro and Japan have signed a five-year energy cooperation agreement covering electricity networks, LNG, gas supply and low-carbon technologies. The memorandum is designed as...

    Oil

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    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....

    Carlyle Lukoil refinery assets await U.S. clearance for sale talks

    Carlyle’s proposed acquisition of Lukoil-related refining assets is awaiting final U.S. clearance, with the ownership of major European refineries still unresolved. The deal includes...

    Europe: Brent, TTF gas and CO₂ prices remain high amid Middle East supply risks

    On Tuesday, September 15, front-month Brent crude oil futures on the ICE market reached a weekly settlement high of $108.75/bbl. According to data analyzed...

    OMV Petrom pushes ahead with €560 million sustainable-fuels complex at Petrobrazi

    Romania’s OMV Petrom has advanced construction of a €560 million sustainable-fuels complex at its Petrobrazi refinery, with commissioning targeted for 2028. Construction of the...

    Slovenia revises regulated fuel pricing to limit diesel and petrol cost rises

    Regulated formula changes and diesel price impact Slovenia is changing its regulated fuel-pricing formula as higher wholesale oil prices feed through to costs for households...

    Solar

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    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...

    Enexus to add 50 MWh battery storage to Romanian solar in Titu

    Romanian renewable developer Enexus plans to install 50 MWh of battery storage alongside two solar projects in Titu, Dâmbovița county. The move extends Enexus’s...

    MOL hybrid energy hub at Algyő: €59.4m solar and 20 MW/40 MWh storage

    Hungary’s MOL has commissioned a €59.4 million solar-and-storage complex at its Algyő oil and gas site. The project is designed to convert part of...

    Wind

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    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...

    Enexus to add 50 MWh battery storage to Romanian solar in Titu

    Romanian renewable developer Enexus plans to install 50 MWh of battery storage alongside two solar projects in Titu, Dâmbovița county. The move extends Enexus’s...

    MOL hybrid energy hub at Algyő: €59.4m solar and 20 MW/40 MWh storage

    Hungary’s MOL has commissioned a €59.4 million solar-and-storage complex at its Algyő oil and gas site. The project is designed to convert part of...

    Serbia Business News

    Regional Coverage

    Serbia Energy News

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    Between September 14, 2026 and September 20, 2026, 63 articles were published. Most-read in this period 1. Hungary leads SEE power-price surge...
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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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    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...

    EPS consultancy tender to update procurement for 660 MW Bistrica pumped storage

    EPS procurement update ahead of international construction tender Serbia’s state power utility EPS has launched a consultancy tender to revise procurement documents for the planned...

    North Macedonia plans major Crni Drim refurbishment for HPP Globocica and Spilje

    North Macedonia is preparing a new investment cycle in the Crni Drim hydropower system, focused on extensive refurbishment of HPP Globocica and HPP Spilje....

    Electricity

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    EMS begins Bajina Bašta 220 kV to 400 kV upgrade for Trans-Balkan Corridor

    Serbian transmission system operator EMS has started upgrading the Bajina Bašta substation from 220 kV to 400 kV, supporting the western segment of the...

    Romania’s Rețele Electrice România to upgrade Cetate substation in Timișoara

    Rețele Electrice România plans to invest about €23.5 million, including VAT, in the Cetate substation in Timișoara. The upgrade will replace ageing equipment and...

    EU prepares sustainability labels for data centres above 500 kW

    The European Union is preparing a sustainability rating system for data centres with capacity above 500 kW. The initiative aims to provide clearer measures...

    EU data-centre rating to measure flexibility for grid access in Southeast Europe

    The European Commission on Sept. 21 proposed a common EU rating system for data centres that would assess facilities across energy and water efficiency,...

    Bulgaria generation up 11% on renewable growth through Sept. 20

    Bulgarian electricity generation increased 11.33% year on year to 32.61 TWh between Jan. 1 and Sept. 20, with the rise supported by stronger renewable...

    Nuclear

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    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...

    Romania’s Cernavodă nuclear outage removes about 1.4 GW from power system

    Romania’s Cernavodă nuclear power station has remained fully unavailable after exceptionally low Danube flows disrupted access to cooling water. The outage has removed approximately...

    EIB open to financing Slovenia nuclear expansion at Krsko

    The European Investment Bank is prepared to consider financing nuclear investments in Slovenia, including a possible second reactor at the Krsko power plant. The...

    Low Danube levels prompt Kozloduy unit 5 output cut in Bulgaria

    Bulgaria’s Kozloduy nuclear power plant is set to reduce output again at its 1,000-MW unit 5 due to persistently low Danube water levels. The...

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