Trading
Gas-led tightening lifts South-East Europe power prices, but forward outlook cools
South-East Europe posted a sharp day-ahead rally on 31 March, led by gas-driven tightening and rising import dependence across the regional system. Yet week-ahead contracts fell…
HVDC and the Adriatic price gap: how Montenegro’s Italy cable is changing regional trading
Montenegro’s 600 MW HVDC link to Italy has turned the Adriatic corridor into a direct pricing channel, allowing exports from a hydropower-heavy system into one of…
South-East Europe’s 2030 grid buildout: more capacity, shifting spreads and a higher premium on flexibility
System operators across South-East Europe are pushing a multi-country transmission programme worth more than €2.5–4.0 billion through 2030, aiming to relieve long-running bottlenecks. But as renewable…
Asset-backed trading is reshaping power economics across South-East Europe
South-East Europe’s leading electricity traders are moving beyond short-term arbitrage by securing transmission capacity, building storage and structuring long-term contracts—turning control of physical access into a…
Industrial PPAs reshape export competitiveness in South-East Europe as CBAM turns electricity into a cost driver
Carbon border rules are changing how exporters in South-East Europe think about electricity: carbon intensity is increasingly treated as a measurable component of product cost. Long-term…
Curtailment’s map across South-East Europe: how grid limits are reshaping renewable returns
As renewable capacity expands faster than transmission in South-East Europe, curtailment is increasingly determining which projects can reliably monetize output. The region is splitting into low-,…
SEE power prices jump as weekday demand returns; gas stays steady while spreads widen
Day-ahead electricity prices rose sharply across much of SEE and Hungary on 30 March, led by higher cross-border pricing signals and a tighter physical balance. Despite…
Nodal value is rewriting PPA economics across South-East Europe
In South-East Europe, zonal pricing still sets the formal rules, but transmission constraints are increasingly determining what projects actually earn—turning grid position into a core driver…
Congestion rents in SEE: how grid bottlenecks are turning into tradable cash flows
In South-East Europe, limited available transmission capacity is creating persistent congestion rents across key corridors—from Hungary-Serbia to Bulgaria-Greece and the Montenegro-Italy HVDC link—making electricity networks function…
Industrial demand is driving the next phase of South-East Europe power contracting
As carbon-linked trade rules and grid constraints reshape electricity economics, industrial buyers across South-East Europe are increasingly using long-term PPAs to lock in low-carbon supply, improve…