The application of the EU Carbon Border Adjustment Mechanism to electricity imports from South-East Europe introduces a quantifiable financial and structural risk to the region’s power sector precisel
Independent technical preparation for CBAM in energy and power-intensive industries
Independent technical preparation supporting EU-accredited verifiers, EU importers, and non-EU exporters is becoming a defining enabler of CBAM compliance in the energy and power-intensive sectors. As
Serbia power sector investment briefing: CAPEX pipeline, grid stress and return sensitivity
From an investor perspective, Serbia’s power sector presents scale and growth potential, but also a layered risk profile shaped by legacy infrastructure, evolving market rules and system constraints.
Serbia energy sector and EU accession: Market reform, system constraints and credibility tests
Energy has become one of the most strategically sensitive components of Serbia’s EU accession process, not because of legislative transposition alone, but because electricity markets now function as a
South-East Europe as Europe’s grid workshop: Why substations, switchgear and prefabrication are migrating South-East
Europe’s energy transition is grid-limited. This is no longer a warning; it is a defining condition. Across the continent, renewable capacity is outpacing the physical ability of transmission and dist
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
Volatility is no longer cyclical: How shocks now propagate across Europe’s energy system
For much of Europe’s post-liberalisation energy history, volatility was understood as a cyclical phenomenon. Prices rose and fell in response to identifiable triggers: cold winters, supply outages, ge
One energy system, three fuels: Why Europe no longer has separate power, gas, and oil markets
For most of the modern history of European energy policy, electricity, natural gas, and oil were treated as adjacent but fundamentally separate domains. They were regulated through different framework
Flexibility without reward: Why southeast Europe balances Europe’s power system but captures none of the value
In the emerging architecture of Europe’s electricity system, flexibility has become the most valuable attribute a power asset can possess. The ability to ramp output quickly, absorb surplus generation