Low-carbon electricity from Western Balkan renewable projects will not automatically qualify for actual-emissions treatment under the EU’s CBAM. The Energy Community Secretariat modelled €8.9 million in opportunity costs for a 130 MW wind project over six months if it had to sell locally instead of accessing higher-priced EU markets.
CBAM requirements could affect the revenue and financing of renewable projects in Serbia, Montenegro and the wider Western Balkans. The Energy Community Secretariat’s Q2 2026 assessment highlights verification, power purchase agreement eligibility and access to EU market prices as challenges.
LNG inflows increased in Greece, Croatia and Italy in the week to November 1 compared with Week 43. Italy had the largest volume, while Greece recorded the biggest percentage gain.
Serbia’s forecast power balance on 15 October required about 1,027 MW of scheduled net imports, while SEEPEX recorded 368.6 €/MWh at hour 20. Battery storage could reduce exposure to the most expensive deficit hours and improve trading flexibility, but would not eliminate the country’s energy shortfall or import dependence.
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Greece has received more than 12 GW of data-centre connection applications, while projects with signed agreements or final offers total 517 MW. A draft framework would set readiness, renewable-power and financial requirements for investors seeking grid capacity.
Continuous, reliability-sensitive demand could help data centres link renewable power with contracted battery storage. October price spikes in Hungary and Serbia underline the potential value of storage beyond backup.
The European Union is preparing a sustainability rating system for data centres with capacity above 500 kW. The initiative aims to provide clearer measures...
Energy framework for solar and BESS
Serbia’s fiscal framework includes a 1 GW solar programme combined with battery energy storage systems (BESS). The plan is...
In a significant shift within the European energy sector, Serbia is emerging as a pivotal player by integrating battery storage solutions with renewable energy...
BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.
Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.
Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.
European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.
Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.