Western Balkans

Who really controls power trading in the Western Balkans

Power trading in the Western Balkans has never simply been about electricity. It is about geography, interconnection politics, hydrology, capital, algorithmic capability and the ability to manage risk across multiple fragmented but interdependent markets. Albania, North Macedonia and Montenegro sit at the centre of this landscape, not as large demand centres but as strategically positioned […]

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The Balkan power map 2035: How Serbia’s nuclear question reorders regional alliances and cross-Border power flows

The Western Balkans and Southeast Europe are entering a new strategic energy era, one in which electricity — its production, exchange, security, and geopolitical meaning — carries more weight than gas pipelines ever did. By 2035, the region’s power map will look radically different from anything recognizable today. Coal will decline, hydropower will fluctuate under

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The new energy geometry in the Balkans: Pipelines, power and the quiet reordering of a region

For more than half a century, the Balkans lived inside a predictable energy ecosystem: electricity from domestic coal, oil and gas pipelines dominated by Russia, and infrastructure built in the socialist era. But the past decade — and especially the post-2022 global energy upheaval — has shattered that old order. A new geometry is forming.

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Western Balkans: Alcazar receives 490 million USD to finance renewables

Luxembourg infrastructure fund Alcazar Energy Partners II has reached a final closing of US$490 million after successfully acquiring the project rights for its first two wind farms in the Western Balkans, totaling 456 MW. Since first closing in November 2022, the fund has attracted eight additional investors, including the US International Development Finance Corporation (DFC).

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