Around 2 GW of battery projects in Serbia had signed grid-connection agreements in September 2026. Financing conditions and revenue certainty will determine which projects are built.
Global diesel supply is projected to recover in early 2027, but depleted inventories could keep European prices and diesel cracks elevated until stocks are rebuilt.
Serbia is expanding gas-supply options with a 1.5 bcm per year interconnector to North Macedonia under construction. The commercial value will depend on delivered costs, route reliability, storage and the expense of new infrastructure.
A 4 November assessment projects volatile European gas prices and persistent diesel tightness through winter 2026 to 2027. The conditional scenarios depend on weather, LNG availability, refinery operations and the recovery of disrupted oil flows.
The recent spike in European gas prices, driven by geopolitical tensions and disruptions in global energy supply chains, has prompted a notable shift in...
European gas prices increased by 11.4% during the week of June 16–22, 2025, driven by geopolitical tensions in the Middle East, increased cooling demand...
Southeast European electricity prices could ease in Q4 2026 and Q1 2027 if nuclear capacity returns and hydro inflows improve. Gas costs and transmission constraints are expected to sustain premiums during tight periods.
Cernavodă Unit 1 is scheduled to resynchronise on 6 November after more than three months offline. Its availability, alongside other reactor restarts and outages, will shape winter import needs and power prices across Southeast Europe.
Drought is reducing hydroelectric output and constraining nuclear generation across the Balkans, increasing exposure to electricity imports. The pressure highlights the role of diversified generation, storage and interconnection.
Western Balkan electricity trade with the European Union recovered from the second quarter but remained below year-earlier levels. Wider price spreads, weaker convergence and CBAM costs are complicating cross-border sales.
Romania imported electricity for 21 of 24 hours on 3 November despite renewables supplying around two-thirds of generation. Reactor restart prospects and the cost and timing of grid connections will shape supply and new project economics.