Trading
Southeast Europe’s energy transition speeds up as renewables, storage and hybrids draw fresh capital
April developments across Southeast Europe showed accelerating investment flows into renewables, storage and hybrid projects, shifting the region’s generation mix. The push is being reinforced by…
April gas market shifts in Southeast Europe: infrastructure momentum meets policy uncertainty
Gas trading in Southeast Europe eased modestly in April, but the region’s longer-term outlook is being reshaped by rapid infrastructure moves alongside growing doubts about large-scale…
April cross-border power flows in Southeast Europe signal rising fragmentation
April trading showed declining cross-border electricity volumes and a shift away from traditional EU-bound exports, as carbon-related charges began to weaken arbitrage economics. The result is…
Southeast Europe power markets in April show synchronized price compression as solar reshapes intraday pricing
April trading across Southeast Europe delivered broadly synchronized declines in spot prices, with major exchanges seeing falls of roughly 11% to 20% in the month’s second…
SEE day-ahead power prices surge above €100/MWh as demand rises and imports tighten
South-East Europe’s day-ahead power markets opened 4 May with a sharp bullish correction, pushing most hubs back above €100/MWh. The move was driven by stronger demand,…
Serbia’s SEEPEX posts higher April day-ahead volumes as prices soften year on year
Electricity trading on Serbia’s SEEPEX day-ahead market rose in April 2026, with volumes up month on month. However, average prices—especially at peak—fell sharply versus the same…
CBAM tests EU–Western Balkans power market integration: early 2026 signals point to a reset
Electricity links between the EU and the Western Balkans remain largely operational, but carbon costs introduced by CBAM are disrupting price convergence and shrinking cross-border trade…
CBAM’s knock-on effects in Southeast Europe: higher system costs and operational risk
In Q1 2026, CBAM-driven changes to trading schedules in Southeast Europe are increasingly diverging from actual electricity flows—raising balancing needs, grid stress and operational risk for…
CBAM’s early impact in Southeast Europe: renewables gain, but cross-border trade faces new friction
In Q1 2026, Western Balkan electricity prices were well below EU levels, but the Carbon Border Adjustment Mechanism added carbon costs on imports from coal-intensive systems—undercutting…
CBAM and EU ETS volatility are reshaping cross-border power trading in Southeast Europe
As CBAM pricing for electricity imports is tied to the quarterly weighted average EU ETS allowance price, carbon-market swings are now feeding directly into the economics…