Power purchase agreements have become one of the most discussed instruments in Serbia’s industrial energy transition. For manufacturers under pressure to decarbonise, stabilise costs and demonstrate long-term energy security, PPAs appear to offer a clean solution. A renewable generator supplies electricity at a fixed or indexed price over many years, emissions are reduced, and exposure […]

For most Serbian industrial consumers, power hedging has historically meant one thing: securing a fixed price. The logic was simple and rational in a system dominated by coal and hydropower. Electricity prices moved slowly, volatility was limited, and the main risk to manage was gradual upward drift. Fixing a price over one or two years

Electricity has become one of the most decisive strategic variables shaping Serbia’s export competitiveness into the European Union. What was once treated as a background operating cost has evolved into a multidimensional factor influencing margins, contract stability, financing conditions, and regulatory compliance. Between 2026 and 2035, Serbian producers exporting to the EU will operate in