INA’s completed upgrade at its Rijeka refinery increases diesel yield and crude flexibility. The project could strengthen fuel supply and refinery economics across nearby Adriatic 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.
The Vertical Gas Corridor is approaching a commercial test in 2026/27, with utilisation, northbound flows and cross-border rules set to show whether southern gas can become a regular, cost-effective supply route across Southeast Europe.
Bosnia and Herzegovina’s Southern Interconnection is held up by disputed state property and disagreements over project implementation. While a former BH-Gas director says completion before 2030 looks unlikely, EU-backed efficiency financing is moving through a local bank.
Your trusted source for electricity market news, trading data and energy market analysis across Southeast Europe.
Southeast Europe faces a growing power-system flexibility shortage as grids, storage and dispatchable capacity lag behind project growth and rising volatility. Country-level pressures range from heavy imports in Serbia to negative prices in Croatia and faster battery deployment in Bulgaria.
Bulgaria, Romania, Croatia and Hungary are among more than a dozen EU countries opposing plans to favour electricity through taxation and common rules for grid charges. Governments want flexibility to set tariffs and taxes around domestic conditions.
Montenegro’s electricity market is small, with about 396,000 customers and annual demand of around 3,000 GWh. In 2024, electricity production reached 3,447 GWh, down...
South East Europe’s electricity-price divergence from Central Europe is often linked to generation factors such as coal supply, renewable availability, gas exposure and storage...
As Serbia's wind energy sector continues to expand, it is entering a critical phase marked by significant challenges related to grid capacity and integration....
As the energy landscape in South-East Europe evolves, the emphasis is shifting from traditional power generation to the strategic importance of transmission infrastructure. By...
Southeast Europe faces a growing power-system flexibility shortage as grids, storage and dispatchable capacity lag behind project growth and rising volatility. Country-level pressures range from heavy imports in Serbia to negative prices in Croatia and faster battery deployment in Bulgaria.
Kosovo enters its highest-demand months with the 260 MW B1 unit still unavailable, increasing reliance on electricity imports. The operator has not set a return date as regional prices and interconnector availability remain key variables.
Austria's Verbund has signed a power-purchase agreement for the first project selected in Albania's first wind auction to reach construction readiness. Commercial operation is targeted for the first quarter of 2028.
Bulgaria’s operating battery fleet was reported at 6.23 GW by late October, while EBRD and Raiffeisen are financing a new 246 MW battery at Tenevo. The reported fleet and energy-flow figures require verification against underlying data.
Buyers took 34,000 of 35,000 wind guarantees of origin offered in North Macedonia’s first auction. The sale adds a price-discovery mechanism to the country’s existing administrative framework.