South-East Europe power markets in 2025: volatility patterns and 2026 outlook
South-East Europe’s electricity markets in 2025 continued a post-European energy shock pattern in which prices did not collapse but also […]
South-East Europe’s electricity markets in 2025 continued a post-European energy shock pattern in which prices did not collapse but also […]
Serbia’s electricity system has been discussed for years as a structurally self-sufficient market, at times described as a net exporter.
Serbia’s electricity system has been shaped by a mix of domestic generation and cross-border market activity. The country’s power sector
Serbia’s electricity market in 2025 reflects a shift from an approach based on domestic coal and hydropower toward participation in
Serbia remains structurally dependent on imported natural gas, while domestic production is modest and declining. The majority of consumption is
Oil plays a smaller role than electricity in Serbia’s public debate, where outages, hydropower droughts, EPS controversies and regional power
Oil holds a distinct role in Southeast Europe’s economic system compared with gas or electricity. It underpins transport, logistics, petrochemicals,
Electricity pricing in Southeast Europe is shaped by structural weakness, policy uncertainty, EU transition pressure, infrastructure fragility, climate exposure, governance
Hungary is positioned as one of the most strategically important and industrially advanced countries in Central and Southeast Europe. Over
Montenegro’s industrial electricity environment entering 2025 is shaped by domestic generation capacity, evolving market dynamics, structural vulnerabilities and policy choices.
North Macedonia enters 2025 with one of the most challenging industrial electricity pricing outlooks in Southeast Europe. The power system
Albania is described as one of the most structurally unique electricity markets in Southeast Europe, with hydropower dominating generation. This