From January 1st, 2026, Carbon Border Adjustment Mechanism (CBAM) will be effective in the Western Balkans. While the countries are still deciding on the carbon pricing model, the energy intensive industry is advocating for introducing taxation to protect the domestic market from the flood of goods that will not be competitive on the EU market. […]
Montenegro, Serbia, and the Republic of Srpska don’t have a problem attracting investments in electricity production, but they do have issues when it comes to investments in transmission networks. If the introduction of CBAM is not postponed, it will greatly burden their economies. Hungary is interested in strengthening energy ties with them as well as […]
Electricity market coupling with neighbors in the European Union is a major factor in the EU integration of Energy Community contracting parties and the Western Balkans, alongside deeper coordination within the region, the establishment of energy interconnections, investments in renewables and progress in carbon pricing, top officials pointed out at the opening of Belgrade Energy […]
The Western Balkans could see a 20 GW increase in installed capacity by 2040, with nearly 65% coming from renewables, Aurora Energy Research found. Short-term volatility and increased costs of commodities are expected to keep electricity prices near or over EUR 100 per MWh until 2030. Aurora Energy Research issued its first forecast for the […]
After ten years of negotiations, the Republic of Srpska and Federation of Bosnia and Herzegovina, the two entities of BiH, have finally agreed on a law on the electricity regulator, transmission, and market. The important piece of legislation should enable the establishment of an electricity exchange, which is one of the conditions for BiH’s exemption […]
Yıldırım Energy laid the foundation stone in Kosovo* for the first phase of its 150 MW solar farm. The Turkish company intends to produce electricity for its ferronickel plant, which exports its entire output. A renewable energy investment of more than EUR 43 million is underway in Gllogovc (also known as Glogovac and Drenas). Yıldırım Group’s […]
Bosnia and Herzegovina and Montenegro requested at the meeting of the Energy Community Ministerial Council for the introduction of the CBAM cross-border CO2 tax, scheduled for January 1, 2026, to be postponed. The rollout of payments within the European Union’s Carbon Border Adjustment Mechanism (CBAM) is going to affect companies in the region – in […]