South-East Europe is accelerating its renewable transition. Solar fields rise across Greece and Bulgaria, wind projects return to Romania’s agenda, […]
In a system where natural gas serves as the primary source of flexibility, balancing the gas network is no longer
In theory, the spark spread is a straightforward concept. It represents the margin between the price of electricity and the
Energy markets are often described as short-memory systems. Prices spike, conditions normalise, and attention moves on. This perception is increasingly
Volatility used to be treated as a market-specific phenomenon. Electricity was volatile because demand had to be balanced in real
In an integrated energy system, shocks no longer respect sectoral boundaries. What begins as a local disruption, a technical failure,
South-East Europe does not sit on the periphery of Europe’s energy system. It sits at its edge in a different
For most of the modern history of European energy policy, electricity, natural gas, and oil were treated as adjacent but
For decades, electricity was treated by industry as a predictable input. Prices fluctuated within narrow bands, supply security was largely
In the emerging architecture of Europe’s electricity system, flexibility has become the most valuable attribute a power asset can possess.
The inclusion of electricity in the European Union’s Carbon Border Adjustment Mechanism marks a quiet but profound shift in how
For most industrial buyers in South-East Europe, electricity procurement still feels like a domestic decision. Contracts are signed locally. Power
