Trading
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…
Battery storage is becoming the core revenue engine for South-East Europe’s constrained grids
As solar and wind build-outs in South-East Europe outpace transmission capacity, pricing swings are turning into a tradable source of value. Battery energy storage is increasingly…
In South-East Europe’s renewables boom, where power can go is becoming the real profit driver
As solar and wind capacity expands across Serbia, Romania, Bulgaria and the Western Balkans, transmission limitations are increasingly dictating returns. Investors are shifting attention from resource…
In South-East Europe, the power grid is increasingly a driver of returns
South-East Europe’s pricing is being shaped less by fuel choices and more by transmission constraints, with congestion driving persistent spreads and monetised “scarcity” revenues. For developers…
CBAM arrives for Serbian power exports, forcing a carbon- and portfolio-led trading reset
Starting in January 2026, electricity exported from Serbia to EU markets will face CBAM reporting and carbon-linked obligations tied to embedded emissions, reshaping export margins for…
Southeast Europe’s power trading is shifting toward specialised independents, not a full break from incumbents
Independent electricity traders in Southeast Europe are expanding through cross-border optimisation and renewable-focused strategies, but the market structure still favours large utilities and vertically integrated groups.…
HUPX liquidity grows, but Hungary’s power trading still revolves around MVM
As HUPX spot activity deepens and short-term optimisation gains ground, Hungary’s electricity trading remains structurally concentrated, with MVM retaining the clearest lead in domestic sales and…