Basis risk drives residual exposure in South-East Europe power hedging
By 2025, the most expensive component of power risk management in South-East Europe shifted from outright price risk to basis […]
Energy News
Energy News
Southeast Europe cannot hedge electricity price risk despite 2025 market growth
South-East Europe entered 2025 with record day-ahead and intraday trading volumes across multiple exchanges. Price coupling expanded and forward products
Energy News
Southeastern Europe energy security rules under SWD(2025) 435 gas and power
The European Commission’s Staff Working Document SWD(2025) 435 is described as the first comprehensive fitness check of the EU’s modern
Energy News
Gas’s role in marginal pricing shapes competitiveness in South-East Europe
Competitiveness in South-East Europe’s energy-intensive economy is not determined by average electricity prices or the headline cost of fuels. It
Energy News
Gas marginality rises in South-East Europe under carbon-driven coal exits
ENTSO-E seasonal adequacy assessments outline capacity balances under assumed transition pathways. In South-East Europe, rising carbon costs and faster coal
Energy News
Gas and power price volatility linked to delivery constraints in Southeast Europe
In South-East Europe, significant volatility is not primarily generated in outright gas trading or in flat power positions. Instead, it
Energy News
Electricity stress drives cost outcomes for industrial gas buyers in Southeast Europe
Industrial gas contracting in Southeast Europe is entering a period in which electricity risk is the dominant cost driver rather
Energy News
Gas plants in Southeast Europe underpaid for availability and fast response
Gas-fired generation in South-East Europe is used to manage rare but severe system stress, including frequency stabilisation and prevention of
Energy News
Gas and power price links break in South-East Europe during winter stress
In established power markets, electricity prices often move in line with gas costs when gas is marginal. That relationship can
Energy News
Gas-driven marginality and grid congestion amplify volatility in Southeast Europe
In South-East Europe, gas affects electricity markets beyond marginal pricing. When gas tightness coincides with constrained transmission, the price impact
Energy News
Gas price pass-through differs sharply between Central and South-East Europe
The gas–power elasticity gap describes how the same gas-market shock can produce different electricity outcomes depending on location. In Central
Energy News
Gas deliverability risk drives electricity price spikes in Southeast Europe
In South-East Europe, the most disruptive electricity price moves are not consistently linked to changes in the Dutch TTF benchmark.