In South-East Europe, energy policy has never truly been about kilowatt-hours, barrels or cubic meters alone. It has always been about alignment, leverage, identity, security, credibility and survival. In 2025, that truth is clearer than ever. Serbia stands at the center of a shifting regional energy order, not by choice, but by geography and necessity. […]
Natural gas in Serbia is not simply a fuel. It is urban stability in winter, an invisible lifeline for industry, a quiet anchor of political calm, and a permanent financial commitment wrapped in contracts, infrastructure and risk. In 2025, the conversation about gas is not about whether Serbia has supply. It does. The real question
Natural gas is the most silent yet economically decisive energy infrastructure that Serbia operates. It is not debated with the emotional noise that surrounds electricity, nor with the geopolitical drama that often accompanies oil. But if gas fails, entire systems fail with it — heating systems, industrial production lines, municipal stability, fiscal balance, and political
Natural gas occupies a very particular place in Serbia’s 2025 energy story. It is neither as emotionally charged as electricity, nor as geopolitically visible to the public as oil. Yet gas quietly underpins a significant portion of Serbia’s industrial capacity, urban heating stability, energy security narrative, and regional strategic positioning. In a world reshaped by
Natural gas has become one of the decisive strategic determinants of Southeast Europe’s economic, industrial and geopolitical identity. Where electricity is increasingly shaped by transition policy and structural market design, natural gas remains a more immediate, volatile and existential variable. It defines heating resilience, shapes industrial production costs, underpins power generation in several markets, influences
During the fourth week of December, Brent oil futures for the front month on the ICE market reached a weekly high of $62.38/bbl on Tuesday, December 23. By Friday, December 26, the weekly low was recorded at $60.64/bbl, still 0.3% higher than the previous Friday. Prices were supported by US-Venezuela tensions and attacks on energy
Europe: Brent, TTF gas, and CO₂ futures show volatility in late December Read More »
According to the Statistical Office of the Republic of Slovenia, households paid an average of €0.215 per kWh for electricity and €0.089 per kWh for natural gas in the third quarter of 2025. Compared to the previous quarter, electricity prices rose by 9%, while gas prices increased by 3%. For industrial consumers, the average electricity
Gas in South-East Europe is not just a commodity. It is infrastructure, geopolitics, finance, and strategic vulnerability wrapped together. Unlike electricity, which is inherently domestic to its grids even when cross-border trade is high, gas is structurally external in SEE. These markets depend on who can bring molecules into the region, who controls the pipelines,
Europe is rewriting its energy future. Electricity markets are being redesigned for precision, flexibility and integration. Gas politics have shifted from dependency illusion to hardened resilience. For many parts of the EU core, this transformation has already begun stabilising energy systems, restoring confidence and building the backbone of a decarbonising industrial continent. In South-East Europe,
For two decades, Europe believed that liberalised gas markets, diversified suppliers and rules-based infrastructure would guarantee stability. That illusion collapsed with Russia’s war in Ukraine. What followed was the most dramatic gas restructuration seen in modern Europe: supply routes redrawn, LNG capacity rushed into existence, pipeline politics replaced by resilience politics, and gas transformed from
