Europe’s supply exposure is increasingly concentrated in diesel and gasoil, whose high delivered costs may persist even if crude prices ease. The IEA reported lower global diesel exports in September than a year earlier.
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.
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.
Bulgaria’s transmission system operator ESO has invested more than 182 million euros in network modernisation since the start of 2026. The work includes construction and reconstruction of more than 120 kilometres of transmission lines.
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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.
The Vertical Gas Corridor is moving beyond its initial role as an emergency response to disruptions in Russian gas transit, evolving into a permanent...
The Vertical Gas Corridor is increasingly moving beyond its original role as an emergency response to disrupted Russian gas transit and developing into a...
The Vertical Gas Corridor is being developed from a short-term response to disrupted Russian supplies into a broader infrastructure and market-integration project linking southern...
Serbia has diversified the physical routes through which it can receive gas, but its supply position remains exposed to a more difficult question: whether...
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.