Battery storage economics under EU market reform and spillover effects in SEE

Battery storage is emerging as one of the clearest winners of Europe’s evolving power market design. While attention often focuses on Germany, the Netherlands, or the UK, the spillover into Southeast Europe may be equally transformative, particularly for Hungary, Romania, Greece, and indirectly, Serbia and Bulgaria. The shift toward 15-minute settlement, combined with volatile renewable […]

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EU electricity market overhaul and its structural consequences for SEE priceconvergence

The European Union’s electricity market reforms are often framed as a response to price volatility and political pressure. For Southeast Europe (SEE), however, the reforms serve as a long-term convergence engine, gradually reshaping how Serbia, Bulgaria, Romania, Greece, and neighbouring markets align with the EU core. The question for the region is not whether convergence

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Europe’s shift to 15-minute electricity trading and what it changes for SEE power markets

Europe’s transition from hourly to 15-minute market time units is often presented as a technical reform designed to better reflect renewable generation. For Southeast Europe, however, the move represents something far more consequential: a structural change in how price signals, cross-border flows, and trading strategies form across Serbia, Hungary, Romania, Bulgaria, Greece, and their neighbours.

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Region: Serbia–North Macedonia gas pipeline project set for completion by 2027

Plans for a new gas pipeline connecting Serbia and North Macedonia are moving forward with a defined timeline, as permitting is expected to conclude by mid-2026, followed immediately by construction. The update came after talks between Serbian Minister of Mining and Energy Dubravka Đedović and her North Macedonian counterpart Sanja Božinovska. Serbia’s energy strategy has

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Montenegro: Croatian–Montenegrin consortium wins tender to modernize Bar oil storage tanks

A joint Croatian–Montenegrin consortium has emerged as the top-ranked bidder in Montenegro’s long-delayed tender to modernize state-owned oil storage tanks at the port of Bar. The winning bid was submitted by Croatia’s S.A.K.Z. in partnership with several Montenegrin companies, with a total value of 1.74 million euros, narrowly undercutting a competing offer from a Montenegrin–Serbian

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Qair Montenegro plans 60 MW Jabuka solar power plant as part of regional expansion

Qair Montenegro is preparing to develop a new solar power plant in the municipality of Niksic, with a planned installed capacity of 60 MW. The Montenegrin Government has granted the investor the necessary urban and technical conditions to move forward with the project. According to the approved documentation, the planned facility, named Jabuka, will be

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Hungary: Paks nuclear expansion ahead of schedule, first concrete pour set for February

Preparatory works at Hungary’s Paks nuclear power plant expansion have progressed well ahead of schedule, allowing the project to enter a critical construction phase sooner than expected. According to Foreign Affairs and Trade Minister Peter Szijjarto, technical activities directly preceding the first concrete pour are set to begin as early as next week. Minister Szijjarto

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Croatia approves new electricity network fees, average household costs to rise by 13.5% in 2026

The Croatian Energy Regulatory Agency (HERA) has approved a new set of electricity transmission and distribution fees that will take effect on 1 January 2026. The revised charges were adopted as part of HERA’s statutory role under the Electricity Market Act, aimed at regulating network fees and ensuring the stability of the domestic energy system.

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Bosnia and Herzegovina: ERS moves forward with Hrgud 60 MW wind farm despite loss of German financing

State-owned power utility ERS has formally taken the first step in the environmental approval process for its planned Hrgud wind farm by submitting documentation for a preliminary environmental assessment. The proposed facility is expected to have an installed capacity of 60 MW and is planned for the municipality of Berkovici, where it would be among

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