Market manipulation risks and structural arbitrage in South-East Europe’s electricity markets
South-East Europe has become one of the most volatile, opaque and structurally fragile electricity regions in Europe. The dysfunction is […]
How traders read South-East Europe: spreads, volatility pockets and the new physics of electricity trading
Electricity trading in South-East Europe has shifted from a predictable peripheral activity into one of the most volatile and complex
Croatia: CROPEX records higher year-on-year electricity trading in November 2025 despite monthly decline
In November 2025, a total of 1,182,744.1 MWh of electricity was traded on the Croatian energy exchange (CROPEX), representing an
The Balkan power map 2035: How Serbia’s nuclear question reorders regional alliances and cross-Border power flows
The Western Balkans and Southeast Europe are entering a new strategic energy era, one in which electricity — its production,
Regional gas geopolitics: Hungary, Bulgaria, Romania, and Serbia in the new European gas map
The transformation of Europe’s gas landscape is redrawing the political and commercial map of Southeast Europe. In the span of
Winter markets at the periphery: How Montenegro, Croatia and Albania shape their place in the regional power price landscape
The western edge of the Balkan electricity system enters December 2025 with a familiar imbalance: structurally small power exchanges, modest
Winter prices without the crisis heat: December 2025 market dynamics and a forecast for Q1 2026
December 2025 opens the winter season in Central and South-East Europe with a familiar but very different energy landscape. The
Bulgaria: IBEX sets new daily record on intraday market
The Independent Bulgarian Energy Exchange (IBEX) reached a new daily record on its intraday market segment (continuous trading mechanism) for
Serbia: SEEPEX day-ahead market sees November trading dip amid stable prices
In November 2025, a total of 466,713.6 MWh of electricity was traded on the day-ahead market at the Serbian energy
Serbia: Gazprom races to sell 11.3% stake in NIS as talks with MOL intensify
Negotiations on the sale of part of Serbian oil company NIS have entered an accelerated phase, with Russian Gazprom seeking
Technical intelligence reduces cost of capital, contract discipline and OE oversight supervision
In project finance, capital pricing is not determined only by interest rates, macroeconomic conditions, or credit ratings. It is determined
Bulgaria: IBEX reports record intraday trading volume and sharp rise in electricity prices in October 2025
In October 2025, a total of 2,365,222.6 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian