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Albania’s negative-price reform marks the arrival of mature market risk

The introduction of negative day-ahead electricity prices on the ALPEX power exchange marks a relatively small regulatory change with potentially significant commercial implications for...

The Black Sea becomes Romania’s combined gas, wind and energy-security frontier

Romania's energy strategy in the Black Sea is evolving beyond the development of a single resource. The offshore region is now expected to accommodate...

Bosnia’s electricity surplus conceals a deteriorating coal and utility balance sheet

Bosnia and Herzegovina strengthened its position as a regional electricity exporter during the first half of 2026, producing 7.44 TWh of electricity, an increase...

Romania’s battery boom moves from connection queue to bank-financed infrastructure

Romania's battery energy storage market is rapidly evolving from a pipeline of proposed projects into a sector supported by substantial financing and active construction....

Montenegro’s renewable pipeline advances faster than its auctionand transmission framework

Montenegro's renewable energy sector now includes a sufficiently broad pipeline of named projects to support a credible investment cycle. However, the country's first solar...

NIS ownership risk becomes a sovereign energy-security issue for Serbia

Serbia’s oil company NIS returned to profitability in the first half of 2026, but improved financial results have not resolved the broader strategic challenge...
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