Trading
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…
CBAM’s carbon cost pass-through is reshaping electricity price formation across Southeast Europe
In Q1 2026, the Carbon Border Adjustment Mechanism began embedding EU ETS-linked carbon costs into cross-border electricity transactions, changing how marginal prices are set across interconnected…
CBAM upends arbitrage across Southeast Europe’s power borders, reshaping trade and investment incentives
As the EU’s Carbon Border Adjustment Mechanism enters its definitive phase in 2026, carbon costs are increasingly absorbing the price spreads that once made cross-border electricity…
SEE power prices slide in Week 17 as renewables surge, but firmer gas limits downside
South-East European power day-ahead prices fell sharply in Week 17 (20–26 April) as renewable output rose and demand weakened. Gas markets firmed on renewed geopolitical risk,…
SEE daily trading analysis: 29 April 2026 prices reset higher as imports and demand tighten the balance
South-east Europe’s day-ahead market opened with a bullish reset on 29 April, driven less by fuel costs than by a tighter regional supply-demand balance. Colder weather,…
European power prices ease in late April as demand softens and renewables lift supply
Across most major European electricity markets, weekly prices fell in the fourth week of April as lower demand and stronger wind and solar output weighed on…
Europe power demand slips week-on-week as warmer weather and May Day holidays curb consumption
Electricity demand fell across most major European markets during the week of April 20, led by the UK’s 5.9% drop. Forecasts for the week of April…
Solar hits new April highs across Europe while wind diverges, raising short-term supply volatility
In the week of April 20, solar output surged in several European markets—Germany and Italy rebounded sharply and multiple countries set new April records—while wind performance…
Geopolitical risk tightens European gas markets in March, with LNG supply fears reshaping the outlook
European spot and forward gas prices jumped in March as Middle East-linked disruptions raised concerns about LNG transit and global cargo availability. The move has left…
SEE power markets firm in March as gas rebound lifts prices; liquidity remains uneven
A rebound in European gas prices pushed day-ahead clearing costs higher across most South-East Europe hubs in March, tightening the marginal cost base. Trading volumes, however,…