Blog
CBAM preokreće prekograničnu arbitražu struje na Zapadnom Balkanu: trgovci gube marže, a tokovi se preusmeravaju
Uvođenje CBAM-a u punoj fazi početkom 2026. godine menja ekonomiku prekogranične trgovine električnom energijom: razlike u cenama se šire, ali izvoz opada jer se dodatni trošak…
CBAM prekida konvergenciju cena električne energije u Jugoistočnoj Evropi: šta to znači za arbitražu i rizik na tržištu
U prvom kvartalu 2026. CBAM u punoj fazi poklopio se sa naglim padom korelacije cena između WB6 i EU tržišta, uz trajne razlike veće od 30…
Montenegro’s tourism and real estate model shifts from expansion to execution as financing tightens
Montenegro’s tourism-linked real estate pipeline is moving into a more execution-focused phase as tighter financing, procedural setbacks and operational constraints raise the risk of delays. Investors…
SEE power prices slide on 30 April as solar-midday pressure outweighs evening scarcity
On 30 April, most South East Europe and Central European day-ahead hubs fell sharply after the prior session’s firmer pricing, with HUPX down to €89.82/MWh and…
CBAM reshuffles Southeast Europe’s electricity trade routes, cutting Western Balkans transit role
In Q1 2026, scheduled cross-border power exchanges between the Western Balkans and the EU fell sharply as CBAM-related uncertainty discouraged transit-based trading. The shift boosted low-carbon…
CBAM’s early impact in Southeast Europe: a measurable split between low-carbon and coal-heavy power exporters
In Q1 2026, the EU’s Carbon Border Adjustment Mechanism (CBAM) is already reshaping electricity competitiveness across Southeast Europe by applying default carbon costs to imports. The…
Montenegro shrinks battery storage plans to unlock a new export-focused power cycle
After two failed rounds, EPCG has relaunched a battery storage tender in Montenegro at a pilot scale, signaling a shift from large ambitions to bankable, grid-ready…
EU accession drafting shifts Montenegro from “candidate” to a market-priced convergence story
Montenegro’s move into the drafting phase of its EU accession treaty is beginning to change how investors price sovereign and corporate risk, while also sharpening scrutiny…
Hydro surge in Q1 2026 distorted Southeast Europe power prices—and complicated CBAM-driven exports
One of the region’s most hydrologically favourable quarters in recent years pushed hydro output sharply higher across Southeast Europe, driving Western Balkan day-ahead prices down. But…
World Bank trims Montenegro’s 2026 growth forecast as tourism-linked risks mount
The World Bank has cut its forecast for Montenegro’s 2026 economic growth to 2.9% from 3.2%, citing external demand uncertainties and a moderation in investment momentum…