Congestion-driven volatility and the reordering of regional price hierarchies
South-East Europe’s power markets are undergoing a quiet but decisive reordering in which congestion, rather than generation cost, increasingly determines […]
Winter stress events as continental trading events
Winter stress events have evolved from regional anomalies into continental trading events that simultaneously reshape demand, supply, and transmission conditions
Declining inertia and the structural repricing of balancing and intraday markets
The repricing of South-East Europe’s power markets is increasingly driven not by energy scarcity but by the erosion of system
Transmission corridors as the real price-setting assets of South-East Europe
In South-East Europe, transmission corridors have overtaken generation assets as the primary determinants of price formation. While installed capacity figures
Cross-border interdependence as the dominant trading constraint in South-East Europe
South-East Europe has crossed a structural boundary where national supply–demand balances no longer determine market outcomes on their own. Power
Coal phase-out as a cross-border shock to power trading dynamics
Coal phase-out in South-East Europe is often discussed as a domestic policy pathway, a sequence of unit closures aligned with
SEE’s shrinking dispatchable core and the repricing of regional power risk
South-East Europe is undergoing a structural transformation that is not yet fully reflected in headline adequacy statistics but is already
Winter stress events and Serbia’s emerging role In continental grid stability
Winter stress events are the moments when power systems reveal their true structure. Peak demand, constrained generation, reduced hydro inflows,
Short-term adequacy, long-term transition: Serbia’s strategic power sector dilemma
Serbia’s power system stands at a structurally unusual intersection. In the short term, it enjoys a level of adequacy that
From domestic security to regional shock absorber: Serbia’s quiet role in South-East Europe’s power stability
Serbia’s electricity system has crossed a threshold that is easy to miss if one looks only at domestic balance sheets.
Adequacy without comfort: Serbia’s hidden operational and fuel risks
Serbia’s power system enters the second half of the 2020s with a level of seasonal adequacy that stands out in
Serbia versus Romania: How coal retirements are redrawing regional power flows
The divergence between Serbia and Romania in the 2025–2028 period marks one of the most consequential structural shifts in South-East