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Kozloduy output cut highlights Danube low flows as a nuclear operating constraint

Bulgaria reduced electricity generation at the Kozloduy nuclear power plant after exceptionally low levels in the Danube. The curtailment was relatively modest in percentage...

Coal declines, gas returns and renewables rise as hydrology normalises

Southeast Europe continued to reduce coal generation during the second quarter of 2026, but the fading of exceptional hydro conditions brought natural gas back into...

Hydrology split the region into exporters and importers

Electricity.Trade’s May 2026 analysis identifies hydrology as one of the hidden drivers behind Southeast Europe’s market split. The month was not uniformly wet or...

Serbia: EPS’s profit was driven by higher electricity prices and good hydrology

The business results of the Electric Power Company of Serbia (EPS) for this year show that the state-owned company has drastically recovered after last...

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Southeast European power prices surge as renewable output and imports decline

Southeast European day-ahead electricity prices surged on 28 October, with Romania, Bulgaria, Hungary, Albania and Serbia recording prices close to or above €300/MWh. Reduced...

The renewable plant of 2030 will be an integrated energy system

The conventional renewable energy project is built around a relatively straightforward model: wind turbines or photovoltaic panels generate electricity, a substation exports it to...

Why a €70/MWh PPA does not guarantee €70/MWh in revenue

A power purchase agreement (PPA) offering a renewable project a price of €70/MWh may appear to provide a straightforward hedge against electricity-market volatility. However,...

Renewable project finance in Southeast Europe requires a new approach to debt sizing

Renewable project finance has traditionally relied on a relatively straightforward set of assumptions to determine how much debt a project can support. Expected electricity...

Serbia’s renewable investment window narrows as solar cannibalisation looms

Serbia’s first negative electricity prices should be viewed less as evidence of an immediate renewable oversupply problem and more as an opportunity to prepare...