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Coal-fired power plants in SEE – baseload influence, outages, market effects, cross-border trading, lifespan, coal output, quality and environmental costs Read More »

Coal-fired power plants in SEE – baseload influence, outages, market effects, cross-border trading, lifespan, coal output, quality and environmental costs

Coal-fired power plants remain central to the electricity systems of South-East Europe, particularly in Serbia, Bosnia and Herzegovina, Montenegro, Romania and Bulgaria. These units were built in an era when baseload stability mattered more than flexibility, when domestic lignite was cheap and abundant, and when environmental duties were minimal. They still produce a large share […]

Spread markets take hold in SEE: Industrial buyers embrace dynamic hedging as gas diversification accelerates Read More »

Spread markets take hold in SEE: Industrial buyers embrace dynamic hedging as gas diversification accelerates

Southeast Europe is entering a new gas era defined not by rigid pipeline contracts, but by the gradual emergence of spread-driven markets, optionality, regas access and cross-border arbitrage. For decades, industrial procurement in Serbia, Croatia, Bulgaria, North Macedonia and Greece operated under a single structural assumption: Russian pipeline gas was the base-load molecule, delivered in

Algorithmic trading probabilities for SEE zones: Forecasting volatility, spread formation and structural patterns in the Balkan power markets Read More »

Algorithmic trading probabilities for SEE zones: Forecasting volatility, spread formation and structural patterns in the Balkan power markets

South-East Europe has become one of the most algorithmically interesting electricity markets in Europe. Not because it is stable, liquid or deeply coupled — but because it is not. The region generates repeating patterns of volatility born not from random noise but from structural constraints. For algorithmic traders, this makes SEE one of the rare

Market manipulation risks and structural arbitrage in South-East Europe’s electricity markets Read More »

Market manipulation risks and structural arbitrage in South-East Europe’s electricity markets

South-East Europe has become one of the most volatile, opaque and structurally fragile electricity regions in Europe. The dysfunction is visible every day on platforms like electricity.trade, where spreads behave less like reflections of economic fundamentals and more like symptoms of a system susceptible to manipulation and structural arbitrage. This is not due merely to

How traders read South-East Europe: spreads, volatility pockets and the new physics of electricity trading Read More »

How traders read South-East Europe: spreads, volatility pockets and the new physics of electricity trading

Electricity trading in South-East Europe has shifted from a predictable peripheral activity into one of the most volatile and complex segments of the European power market. The region that once moved in the shadow of Central Europe now generates some of the most dramatic intraday swings, deepest cross-border spreads and sharpest structural divergences visible on

Balancing energy in South-East Europe: The silent mechanism shaping renewable expansion and cross-border market behaviour Read More »

Balancing energy in South-East Europe: The silent mechanism shaping renewable expansion and cross-border market behaviour

The future of electricity markets in South-East Europe will not be determined by base energy alone. It will be determined by balancing energy: the real-time buffer that absorbs renewable volatility, stabilises system frequency and determines the value of each megawatt that crosses a border. As the region accelerates into a renewable era, balancing markets have

SEE electricity markets Week 49 2025: Mixed price trends, rising demand and shifts in generation mix Read More »

SEE electricity markets Week 49 2025: Mixed price trends, rising demand and shifts in generation mix

During Week 49 of 2025, electricity prices across Southeast Europe (SEE) showed a mixed performance, rising in five of the eight SEE countries despite lower TTF gas futures, while the remaining SEE markets recorded moderate declines. Except for Türkiye, all SEE markets posted weekly average prices above €120/MWh, bringing the regional average to around €128/MWh.

Turkey steps in as key guarantor of Russian gas flows to Hungary amid geopolitical strains Read More »

Turkey steps in as key guarantor of Russian gas flows to Hungary amid geopolitical strains

Hungarian Prime Minister Viktor Orbán announced that Turkey has agreed to safeguard the transit of Russian natural gas to Hungary. The commitment was reached following talks in Istanbul and revealed during a joint press appearance with President Recep Tayyip Erdoğan. Hungary continues to rely heavily on Russian energy supplies despite ongoing geopolitical tensions related to

Why OE-governed quality assurance is becoming the new currency of wind asset value in Southeast Europe Read More »

Why OE-governed quality assurance is becoming the new currency of wind asset value in Southeast Europe

In every mature renewable market, there comes a moment when engineering quality—once assumed, often overlooked—becomes the defining currency of asset value. Southeast Europe is entering that moment now. Serbia, Romania, Croatia, and Montenegro are witnessing a scale-up in wind development that resembles earlier cycles in Spain, the Nordics, and Poland. But this expansion brings a

ESG, community strategy and social license — the hidden financial drivers of wind success in Southeast Europe Read More »

ESG, community strategy and social license — the hidden financial drivers of wind success in Southeast Europe

For years, wind investment strategies in Southeast Europe focused almost exclusively on technical variables: resource quality, EPC pricing, grid access, and financing structure. But as markets mature, a new set of forces is emerging—less visible than capex or P50 curves, but increasingly decisive in determining which projects advance smoothly, which face costly delays, and which

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