CBAM verification raises costs and contractual risks for Southeast Europe’s electricity exporters

Electricity exporters and trading companies across Southeast Europe are facing growing pressure to demonstrate the carbon characteristics and physical delivery of electricity supplied to...
Market Snapshot SEE Power · Day-Ahead
Market Avg Price vs Yesterday
🇷🇸 Serbia 181.02 €/MWh -24.56%
🇭🇺 Hungary — —
🇷🇴 Romania — —
🇧🇬 Bulgaria 231.68 €/MWh -4.06%
🇭🇷 Croatia — —
🇸🇮 Slovenia 202.23 €/MWh -4.49%
🇬🇷 Greece — —
🇲🇰 N. Macedonia 192.91 €/MWh -9.38%
🇲🇪 Montenegro 232.04 €/MWh +3.32%
🇦🇱 Albania 261.78 €/MWh -12.27%
Delivery: 10 Oct 2026  ·  Updated: 10 Oct 2026 16:02

Croatia: CROPEX electricity prices rise in September despite lower trading volumes

Electricity prices on Croatia’s CROPEX exchange rose in September, despite lower trading volumes compared with August, pushing up wholesale procurement costs while overall market...

SEE power prices jump as wind output falls and nuclear outages tighten supply

Southeast European electricity prices rose sharply for 9 October delivery, with Hungary reaching €269.43/MWh and Serbia recording the largest daily increase among the markets...

Serbian power prices drop as Hungary-Germany spread widens sharply

Serbian day-ahead electricity prices fell for October 8 delivery, while Hungary, Bulgaria and Montenegro recorded increases, widening regional price differences and keeping electricity costs...

Romania’s day-ahead power prices surge 81% year on year in September

Romania’s average day-ahead electricity price reached €176.14/MWh in September, marking an 81.49% increase from a year earlier and a 16.53% rise compared with August,...

Bulgaria’s power prices jump 16% as September trading volume hits 3.1 TWh

Bulgarian day-ahead electricity prices rose 16% in September, increasing wholesale purchasing costs on the Independent Bulgarian Energy Exchange as traded volumes also expanded. The average...

SEE power prices ease as imports increase, while Serbia defies regional trend

Southeast European day-ahead electricity prices declined across most markets for Wednesday delivery, narrowing Hungary’s premium over Germany. At the same time, higher gas and...

CBAM widens Europe’s electricity price gap as carbon costs challenge Balkan exports

The European Union’s Carbon Border Adjustment Mechanism (CBAM) is reshaping electricity pricing and cross-border trading across Southeast Europe, widening the gap between wholesale power...

TAP expands gas supply capacity to Albania ahead of domestic network development

The Trans Adriatic Pipeline (TAP) has made 0.16 bcm/year of gas transport capacity available from Greece to Albania’s Roskovec exit point, expanding cross-border supply...

Albania’s 130 MWh battery project tests subsidy-free solar-storage viability

Albania’s Project Blue has ordered a 130 MWh battery energy storage system (BESS) from Sungrow for the first phase of a subsidy-free solar development,...

Greece prepares mass-market framework for plug-in solar and household battery storage

Greece is preparing the technical framework for plug-in residential solar systems of up to 800 watts, potentially creating a mass-market electricity product that could...

Higher EU carbon price raises CBAM cost of Serbian electricity exports

The cost of exporting Serbian electricity to the European Union under default CBAM emissions values has climbed to around €85.70/MWh in the third quarter,...

Bulgaria builds 15 GWh battery pipeline to strengthen Southeast Europe’s power flexibility

Nearly €1 billion in public support has helped underpin around 3 GW of solar generation and 15 GWh of battery storage capacity in Bulgaria,...

Romania approaches electricity import limit as Turceni outage tightens power supply

Romania is moving closer to the physical limits of its electricity import capacity as domestic generation weakens and regional power markets tighten. The situation...

Romania: New electricity retail opportunities emerge as energy communities gain supplier options

Romania is reshaping the commercial framework for energy communities, potentially creating a new segment of the electricity retail market in which communities can choose...

Corfu offshore gas well set for 2027 as ExxonMobil may take operatorship

Planned 2027 exploration well west of Corfu A planned €60–70 million exploration well west of Corfu is scheduled for 2027 to test a potentially large...

DESFA approves 145-km gas pipeline linking Megalopoli to Patra Industrial Area

Greece’s DESFA has approved investment in a 145-km gas pipeline connecting Megalopoli with Patra, extending the national transmission network toward industrial customers in Western...

TAP increases Albania-bound exit capacity via Roskovec and Fier South

TAP has made 160 million cubic metres per year of capacity available for gas moving from Greece to a new exit point at Roskovec....

Croatia and Hungary plan expanded oil and gas cooperation via JANAF and Krk LNG

Croatia and Hungary are exploring deeper cooperation in oil and gas infrastructure, with the JANAF pipeline and the Krk LNG terminal central to efforts...

Serbia plans North Macedonia gas interconnector construction start, aiming Q1 2028

Pipeline scope and early works near Vranjska Banja Serbia is targeting early 2028 completion for its gas interconnector with North Macedonia, with construction planned to...

Albpetrol crude auction offers 101,400 tonnes with up to 12-month delivery window

Albania is offering 101,400 tonnes of crude oil through a benchmark-linked auction. The sale is scheduled for October 8, with Albpetrol, the state-owned company,...

MOL negotiations for controlling stake in Serbia’s NIS continue under OFAC authorisation

MOL said talks to acquire a controlling stake in Serbia’s NIS are still active, rejecting reports that discussions with the company’s Russian shareholders have...

MOL-NIS majority stake talks in Serbia unresolved as October deadline nears

A potential MOL acquisition of a majority stake in Serbia’s NIS remains unresolved as an October deadline approaches, even after a new US authorisation...

NIS US licence extension to 30 October supports Pančevo refinery output

Serbia’s NIS has received a further US licence extension that allows operations to continue through 30 October. The extension provides additional operating certainty for...

Romania extends 25% diesel excise reduction through 15 October

Romania has extended its 25% excise-duty reduction on standard diesel through 15 October. The measure is set to continue into October after being previously...

Plug-in solar and grid-charged storage framework readies Greece retail market

Greece is preparing a technical framework for plug-in residential solar systems with a capacity of up to 800 watts. The changes are intended to...

Equinox Power plans 200 MW wind-solar-storage complex near Kula, Serbia

Project overview near Kula Serbian developer Equinox Power is planning an approximately 200 MW renewable energy complex near Kula, combining wind and solar generation with...

Enery signs physical PPA with Coca-Cola HBC Bulgaria for Knizhovnik solar-storage

Enery has signed a long-term physical power purchase agreement with Coca-Cola HBC Bulgaria, securing a corporate buyer for electricity from its Knizhovnik solar and...

Sungrow to supply batteries for Albania’s Project Blue solar-storage development

Sungrow battery equipment for first phase Sungrow has secured a storage supply contract for Albania’s Project Blue, providing battery equipment for the project’s first phase....

EBRD considers senior loan for ENNA’s Mihailesti solar-plus-storage in Romania

The European Bank for Reconstruction and Development is reviewing a potential senior loan for ENNA Group’s Mihailesti solar and storage project in southern Romania....

Plug-in solar and grid-charged storage framework readies Greece retail market

Greece is preparing a technical framework for plug-in residential solar systems with a capacity of up to 800 watts. The changes are intended to...

Equinox Power plans 200 MW wind-solar-storage complex near Kula, Serbia

Project overview near Kula Serbian developer Equinox Power is planning an approximately 200 MW renewable energy complex near Kula, combining wind and solar generation with...

Enery signs physical PPA with Coca-Cola HBC Bulgaria for Knizhovnik solar-storage

Enery has signed a long-term physical power purchase agreement with Coca-Cola HBC Bulgaria, securing a corporate buyer for electricity from its Knizhovnik solar and...

Sungrow to supply batteries for Albania’s Project Blue solar-storage development

Sungrow battery equipment for first phase Sungrow has secured a storage supply contract for Albania’s Project Blue, providing battery equipment for the project’s first phase....

EBRD considers senior loan for ENNA’s Mihailesti solar-plus-storage in Romania

The European Bank for Reconstruction and Development is reviewing a potential senior loan for ENNA Group’s Mihailesti solar and storage project in southern Romania....

Serbia Business News

Regional Coverage

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....

Bulgaria tenders €350 million for Yadenitsa reservoir expansion linked to Chaira

Bulgaria’s National Electricity Company, NEK, has opened a tender worth approximately €350 million to expand the Yadenitsa reservoir. The project is designed to extend...

North Macedonia eyes 2027 construction start for Čebren-Galište hydro complex

2027 target and combined investment North Macedonia is targeting a 2027 construction start for the long-planned Čebren and Galište hydropower projects. The government said the...

ESM launches third phase of €46 million upgrade for six North Macedonia hydropower plants

North Macedonia’s state-owned utility ESM has started the third phase of a programme worth roughly €46 million to modernise six large hydropower plants. The...

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...

Serbia data centres and EU carbon rules for electricity used in digital services

Electricity physically exported from Serbia into the European Union is covered by the EU Carbon Border Adjustment Mechanism (CBAM). A different treatment applies when...

Slovenia extends application deadline for €68.97m electricity distribution investment

Slovenia has extended the application deadline for its €68.97 million electricity distribution investment programme to 30 November 2026, giving applicants additional time to complete...

Romania–Moldova interconnector expansion supported by US funding and new line

Moldova is advancing the Straseni–Gutinas electricity interconnector with Romania to expand access to alternative supplies and reduce exposure to disruptions in regional power infrastructure....

Slovenia restarts Sostanj unit 5 to meet district heating demand

Slovenia’s Sostanj thermal power plant has temporarily restarted unit 5 as colder weather increases district heating demand. Unit 6 remains under maintenance while unit...

E.ON Hungaria €625 million grid programme targets 2,323 MW connection capacity

E.ON is planning a €625 million expansion of its Hungarian grid. Separately, E.ON Hungaria is outlining a €625 million network investment programme aimed at...

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...

Kozloduy unit 6 maintenance reduces Bulgaria’s nuclear output amid low Danube

Bulgaria’s Kozloduy nuclear power plant has taken its 1,000 MW unit 6 offline for annual maintenance until the end of November. The outage comes...

Nuclearelectrica targets €800 million EIB loans for Cernavoda unit 1 overhaul

Nuclearelectrica plans to pursue €800 million in European Investment Bank financing for the refurbishment of Cernavoda unit 1, with the work intended to extend...

Kozloduy cuts output at units 5 and 6 amid worsening Low Danube levels

Bulgaria’s Kozloduy nuclear plant is reducing generation at both operating reactors as Low Danube water levels widen a constraint that had previously affected only...

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