electricity

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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Montenegro–Italy electricity market coupling: Reshaping Southeast Europe’s power market to 2040

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

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Industry, electricity and the carbon clock: Serbia’s race to secure green power before CBAM reshapes the market

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

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Serbia 2030: A manufacturing hub powered by wind, solar and engineering talent — or an energy-expensive periphery?

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

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The Green Megawatt Strategy: How Serbia can turn renewable energy into its strongest nearshoring advantage

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

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Europe’s new industrial equation: labour, engineering, green electricity — can Serbia achieve all three?

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 new industrial equation: labour, engineering, green electricity — can Serbia achieve all three? Read More »

The industrial PPA revolution: Will long-term wind and solar contracts become mandatory for Serbia’s exporters by 2030?

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

The industrial PPA revolution: Will long-term wind and solar contracts become mandatory for Serbia’s exporters by 2030? Read More »

From HUPX to SEEPEX: What power-exchange volatility means for Serbia’s exporters

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

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