Europe sees mixed solar and wind energy trends in late January
In the fourth week of January, solar photovoltaic energy production rose in both the German and French markets compared to […]
Exporting volatility: How SEE power risk is absorbed by core EU markets
South-East Europe’s electricity markets do not exist in isolation. By 2025, they were tightly interwoven with Central and Western Europe
Why intraday liquidity growth did not reduce long-term power risk
By the end of 2025, South-East Europe could point to an undeniable achievement. Intraday electricity trading volumes across the region
What “fully hedged” really meant for SEE industrial buyers in 2025
In boardrooms across South-East Europe, 2025 delivered an uncomfortable realisation. Many industrial consumers entered the year believing their electricity exposure
OPCOM and IBEX: Strong price formation, weak risk absorption
By 2025, Romania and Bulgaria stood out in South-East Europe for one specific reason: they had achieved scale in spot
SEEPEX futures after 2025: Progress without critical mass
The Serbian power market entered 2025 with a sense of momentum. Forward trading volumes had increased sharply, institutional participation had
HUPX as the regional hedge engine: Capabilities, limits and spillovers
By 2025, one market had assumed a role in South-East Europe that extended far beyond its national boundaries. Hungary’s power
The hidden cost of power hedging in SEE: Quantifying basis risk In 2025
By 2025, the most expensive component of power risk management in South-East Europe was no longer outright price risk. It
Why South-East Europe still cannot hedge its own power risk
South-East Europe entered 2025 with a surface-level appearance of market maturity. Day-ahead and intraday trading volumes reached record levels across
Southeastern Europe in the EU energy security framework: Implications of SWD(2025) 435 for gas, power and regional resilience
The European Commission’s Staff Working Document SWD(2025) 435 represents the first comprehensive fitness check of the EU’s modern energy-security architecture, assessing how
Why gas still decides competitiveness in South-East Europe
Competitiveness in South-East Europe’s energy-intensive economy is no longer determined by average electricity prices or by the headline cost of
Carbon convergence makes gas more important, not less, in South-East Europe
Carbon convergence across Europe is widely framed as a force that will marginalise gas over time. In South-East Europe, the