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 […]
Electricity market coupling between Montenegro and Italy marks a structural break in the evolution of Southeast Europe’s power market. It is not simply a bilateral integration exercise or a technical extension of an existing submarine cable. It represents the first instance in which a Western Balkan market is directly anchored to a large, liquid EU
Europe’s Carbon Border Adjustment Mechanism (CBAM) has introduced a new dimension of industrial competitiveness: the carbon clock. Every year that passes without decarbonisation increases the cost burden for exporters selling into the European Union. For Serbia, whose manufacturing base is heavily reliant on electricity-intensive processes, CBAM represents both a challenge and an opportunity. The challenge
By 2030, Serbia will be defined by the decisions it makes today about electricity, industrial policy and renewable energy. Two futures exist in parallel. In the first, Serbia becomes the leading nearshore manufacturing hub for Central and Western Europe, powered by renewable electricity, robust engineering talent and advanced fabrication capabilities. In the second, Serbia fails
The global industrial landscape is reorganising around energy. For decades, labour cost and geographic proximity were the core determinants of manufacturing location. Today, green electricity—its price, availability and carbon profile—has emerged as the most important variable in European industrial planning. Serbia stands at a unique intersection: it possesses competitive labour, strong engineering capability and geographic
Europe’s industrial model is shifting toward a new competitive equation. The old formula—low-cost labour plus manufacturing scale—is being replaced by a triad: labour × engineering × green electricity. Countries capable of delivering all three will dominate the industrial landscape of the next decade. Serbia is one of the few near-EU economies positioned to combine these factors,
Europe’s industrial landscape is undergoing a fundamental transformation: decarbonisation is no longer a voluntary exercise, and renewable electricity sourcing has become a procurement prerequisite. Serbia, as a major nearshoring destination, must align with this shift. As serbia-business.eu and serbia-energy.eu both highlight, European manufacturers increasingly require their suppliers to prove renewable electricity usage through long-term PPAs (Power Purchase Agreements) or
Serbia’s export economy is increasingly shaped by electricity dynamics extending far beyond its borders. Manufacturers competing across Europe do not operate in an isolated energy ecosystem—they are directly exposed to the volatility of neighboring power exchanges such as Hungary’s HUPX, Romania’s OPCOM, Bulgaria’s IBEX, Greece’s ADEX and, of course, Serbia’s SEEPEX. The interplay between these
From HUPX to SEEPEX: What power-exchange volatility means for Serbia’s exporters Read More »
Serbia’s industrial competitiveness is increasingly shaped not by domestic conditions alone but by regional electricity spreads across Southeast Europe. The price difference between Hungary’s HUPX, Romania’s OPCOM, Bulgaria’s IBEX, Greece’s ADEX and Serbia’s SEEPEX sets the backdrop against which Serbian exporters operate. These spreads influence cross-border flows, industrial tariffs, PPA affordability and the financial feasibility
Testing and certification are the invisible infrastructure of industrial production. Serbia’s rise as a manufacturing and nearshoring destination depends not only on fabrication and assembly, but on its ability to run certified, high-capacity testing labs for machinery, electronics, electrical equipment and industrial modules. These labs are among the most electricity-intensive parts of the industrial value
