Tag Archives: energy sector
Serbia’s energy exposure deepens as NIS ownership uncertainty clouds investment outlook
Serbia’s dependence on imported crude oil and natural gas is amplifying the impact of geopolitical risk and global commodity volatility. With NIS—an operator central to refining…
NIS ownership talks stall as sanctions and geopolitics reshape Serbia’s energy deal
Negotiations to resolve the ownership structure of Serbia’s NIS have slowed as sanctions targeting Russian energy assets complicate any equity transfer. With banking access and regulatory…
Serbia’s macro-financial stress test hinges on NIS: energy security meets sanctions risk
Serbia’s most immediate macro-financial vulnerability is concentrated in energy, with NIS at the center of unresolved ownership and sanctions exposure. Because NIS runs the country’s only…
EPCG and Masdar JV points to Montenegro’s push for export-led renewable power
Montenegro’s state utility Elektroprivreda Crne Gore (EPCG) has signed an agreement with Masdar to create a joint platform for building and operating renewable assets, with a…
How Montenegro’s EU accession is reshaping renewable energy financing
As Montenegro advances in EU accession negotiations, regulatory alignment with EU energy and climate rules is improving project bankability and investor confidence. The shift is expected…
Serbia’s hydropower rebound eases supply stress, but structural power risks remain
A wetter start to 2026 has lifted Serbia’s hydropower output after the severe drought-driven shortfall of 2025, reducing immediate pressure on electricity supply. But the rebound…
Montenegro’s renewable pipeline could become the country’s biggest untapped investment cycle
Montenegro is building a renewable energy pipeline that could add 700–1,050 MW by 2032, with an estimated €700 million to €1.2 billion in system investment. The…
Serbia’s mining-energy integration under pressure from Europe’s carbon rules
China’s industrial footprint in Serbia is increasingly built around a single, tightly linked system of mining, processing, and power supply aimed at feeding European demand. But…
EPCG and Masdar plan a €3–4 billion renewable buildout aimed at export economics
Elektroprivreda Crne Gore (EPCG) and Abu Dhabi’s Masdar are developing a portfolio-scale renewable platform for Montenegro, targeting €3–4 billion of investment and up to 2–3 GW…
Serbia’s energy–mining pivot: industrial stability holds, but capital and execution risks are rising
A Q4 2025 bulletin from the Serbian Chamber of Commerce (PKS) shows Serbia’s mining output growing while parts of the energy supply system weaken, underscoring a…