Private capital is no longer optional for Southeast Europe’s energy transition—it is becoming the decisive factor in whether the region can absorb the scale of renewable capacity already in the pipeli
Industrial electricity procurement under CBAM: Renewable sourcing strategies and competitive positioning in CSEE
The introduction of the Carbon Border Adjustment Mechanism (CBAM) is rapidly transforming the strategic landscape for industrial electricity procurement across Central and South-East Europe. While CBA
CBAM and the EU emissions trading system: Structural implications for power markets in CSEE
The European Union’s Carbon Border Adjustment Mechanism (CBAM) represents one of the most consequential structural reforms of the continent’s climate policy architecture since the creation of the EU E
CBAM electricity reform rewrites Serbia’s carbon exposure from 2026
The European Commission’s proposal to revise how emissions are calculated for imported electricity under the Carbon Border Adjustment Mechanism represents one of the most consequential regulatory shif
Carbon and certificate trading in South-East Europe: How industrial producers can survive—and compete
South-East Europe is moving into a period where emissions, carbon pricing, and green electricity certification are no longer policy experiments. They have become structural realities shaping who can c
Exporting to the EU in the CBAM era: Green energy certificates and the new trade reality
Green energy certificates and CBAM now sit at the heart of Europe’s industrial trade reality. The Carbon Border Adjustment Mechanism was created not as a tariff instrument, but as a structural equalis
Infrastructure is destiny: How grids, pipelines and bottlenecks create price signals
Energy markets are often analysed as abstractions: prices, curves, spreads, marginal costs. Infrastructure appears in these models as a constraint, a background condition that occasionally matters dur
South-East Europe as Europe’s stress test: What the region reveals about the energy transition
South-East Europe does not sit on the periphery of Europe’s energy system. It sits at its edge in a different sense: the edge where constraints bind first, where volatility appears earliest, and where
Trading energy in a system under stress: Portfolios, hedging, and survival in a multi-fuel market
Energy trading was once about exploiting inefficiencies. Price differences across regions, fuels, or time horizons were treated as opportunities for arbitrage. Volatility was episodic, correlations we
Flexibility as the new currency: Why speed, storage, and response matter more than capacity
For decades, energy economics was built around capacity. Installed megawatts, pipeline diameters, storage volumes, and reserve margins were treated as the primary indicators of system strength. If cap