Trading
Oil, TTF gas and EU carbon lift higher in late March as Middle East risk returns
In the fourth week of March, Brent oil futures swung from a low near $99.94/bbl to $112.57/bbl by March 27, while TTF gas ended the week…
Solar and wind generation trends lift southern Europe’s power mix, with Spain and Italy setting March records
Across the week of March 23, solar photovoltaic output rose in most major southern European markets, led by Portugal’s 31% jump. Spain and Italy also hit…
Serbia’s SEEPEX to shift to negative electricity pricing from May 2026, with new limits and VAT treatment
Serbia will introduce negative electricity prices on [[PRRS_LINK_2]] from May 2026 as it modernizes trading rules toward EU market practices. The change includes wider price limits,…
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…