Three developments are beginning to reshape Southeast Europe’s electricity market: the introduction of carbon costs at the EU border, the potential recognition of Western Balkan renewable certificates in the EU and the emergence of new cross-border trading routes.
The EU’s...
The European Commission has proposed mutual recognition of renewable Guarantees of Origin (GoOs) between the European Union and eligible Energy Community countries, potentially giving renewable generators in Serbia, Montenegro and other Western Balkan markets access to a much broader...
Proposed changes to the European Union’s Carbon Border Adjustment Mechanism could significantly lower the default emissions assigned to electricity from Serbia, Montenegro and Bosnia and Herzegovina, potentially improving the economics of verified renewable power exports into the EU.
Under the...