Weak hydro production is increasing Montenegro’s import risks and the value of a diversified energy portfolio. Electricity exports to Italy were around 80% higher in Q3 2026 than a year earlier, according to Energy Community monitoring.
Expanding LNG access and pipeline connections are making Southeast European gas prices more responsive to transport costs and supply conditions. This is increasing the importance of spreads against the Dutch TTF benchmark.
The licence extension allows Serbia’s only crude-oil refinery to continue operating, but leaves the country exposed to Russian gas supply and sanctions-related risks.
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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According to a new report from the European Commission, Bulgaria has made notable progress in diversifying its energy mix but remains significantly dependent on...
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.