serbia

Rising energy costs: Serbia’s emerging industrial bottleneck Read More »

Rising energy costs: Serbia’s emerging industrial bottleneck

For most of the last two decades Serbia’s industrial competitiveness was framed around familiar variables: labour cost, tax stability, logistics access to the EU, and a reasonably priced electricity system anchored in domestic lignite and hydropower. Energy was important, but it was largely treated as a predictable input—cheap enough, stable enough, and rarely decisive on […]

Serbia as Europe’s hydrogen hub: From transit geography to hydrogen-ready metallurgy and industrial strength (2030–2045) Read More »

Serbia as Europe’s hydrogen hub: From transit geography to hydrogen-ready metallurgy and industrial strength (2030–2045)

Europe’s hydrogen transition will not be decided by how many gigawatts of electrolysers are announced, nor by how ambitious national strategies appear on paper. It will be decided by corridors. Hydrogen, unlike electricity, does not flow freely across borders without friction. It requires physical continuity, pressure management, storage, regulation, and—most importantly—industrial offtake dense enough to

Hydrogen metallurgy: Europe’s industrial future and Serbia’s strategic opportunity Read More »

Hydrogen metallurgy: Europe’s industrial future and Serbia’s strategic opportunity

Europe’s decarbonisation agenda is accelerating faster in steel and metallurgy than in almost any other heavy industry. The European Green Deal, CBAM implementation, rising carbon costs, corporate ESG commitments, and trade-policy alignment with global decarbonisation frameworks have fundamentally changed the economics of metal production. Steel, aluminium, copper and high-alloy materials are all moving toward electrification,

Electricity prices, flexibility, and export competitiveness of Serbian industry (2026–2035) Read More »

Electricity prices, flexibility, and export competitiveness of Serbian industry (2026–2035)

Electricity has become one of the most decisive strategic variables shaping Serbia’s export competitiveness into the European Union. What was once treated as a background operating cost has evolved into a multidimensional factor influencing margins, contract stability, financing conditions, and regulatory compliance. Between 2026 and 2035, Serbian producers exporting to the EU will operate in

Export competitiveness of Serbian industry in the EU market, 2026–2035 Read More »

Export competitiveness of Serbian industry in the EU market, 2026–2035

Natural gas has moved from being a relatively predictable industrial input to becoming a structurally volatile cost driver across European markets. For Serbian exporters supplying the EU, gas price dynamics now shape not only operating costs but also contract structures, risk allocation, and long-term competitiveness. Unlike the pre-2020 period, when long-term pipeline contracts smoothed price

Serbia: EPS enters winter with stable output and strong profits, highlights environmental progress Read More »

Serbia: EPS enters winter with stable output and strong profits, highlights environmental progress

Serbian state-owned power utility EPS has entered the winter period with stable coal output and electricity generation, setting the stage for a profitable year in 2025, according to company director Dušan Živković. He emphasized that both households and businesses can rely on a secure and uninterrupted electricity supply, as EPS’ production fleet is fully capable

Serbia: EBRD appoints consortium to oversee €110 million Vlasinske hydropower modernization Read More »

Serbia: EBRD appoints consortium to oversee €110 million Vlasinske hydropower modernization

The European Bank for Reconstruction and Development (EBRD) has appointed a consortium to oversee the refurbishment of the Vlasinske hydropower plants, a central part of Serbia’s broader initiative to modernize its energy infrastructure. The project is being implemented by state-owned power utility EPS, which formalized the supervision contract on 1 December. Valued at €2.49 million,

2030–2035 scenario annex: Gas prices, CBAM and export margins Read More »

2030–2035 scenario annex: Gas prices, CBAM and export margins

Scenario one: High volatility, tight LNG markets In a scenario characterised by global LNG tightness, regulatory uncertainty, and persistent geopolitical risk, European gas prices remain volatile with frequent spikes. Average prices may moderate, but extreme events become more common. Under this scenario, Serbian exporters without flexibility face chronic margin pressure. Steel and ceramics suffer the

Gas vs electricity procurement: Strategic choices fo Serbian exporters Read More »

Gas vs electricity procurement: Strategic choices fo Serbian exporters

Serbian exporters increasingly face a strategic choice: treat gas and electricity as separate procurement streams or integrate them into a unified energy risk strategy. The latter approach is rapidly becoming essential. Gas procurement indexed fully to TTF offers flexibility but exposes companies to extreme volatility. Electricity procurement based on short-term wholesale markets compounds this risk

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