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Serbia’s energy strategy between renewable expansion and nuclear ambition

Serbia’s debate over the future structure of its electricity system has intensified as policymakers, engineers, and energy economists confront the long-term implications of decarbonisation,...

Serbia is reducing its dependence on Russian gas and accelerating new regional pipeline connections

Serbia is intensifying efforts to diversify its natural gas supply ahead of a broader European shift away from Russian energy, with major new pipeline...

Chinese participation in Serbia’s wind and solar expansion: Scale, structure and power-market impact

Serbia’s energy transition is entering a decisive phase in which the pace, structure, and ownership of new renewable capacity will shape the country’s electricity...

Serbia at a strategic crossroads: Power sector challenges and CBAM’s impact in the Western Balkans

As the European Union moves into the full enforcement phase of the Carbon Border Adjustment Mechanism in 2026, the policy has shifted from a...

From power input to trade barrier: CBAM redefines electricity use in Serbia’s export industries

The most immediate and structurally consequential impact of the Carbon Border Adjustment Mechanism on Serbia does not sit within the power sector itself, but...

Serbia’s power sector under EU accession: Market integration, capital deployment and grid-reality stress tests

Energy has become one of the most revealing accession chapters for Serbia, not because of legislative alignment alone, but because the electricity system now...

Wires before watts: Financial performance and capital economics of Serbia’s energy transition infrastructure in 2025

In 2025, Serbia’s energy sector increasingly revealed a structural truth that investors had long understood but policymakers only gradually acknowledged: the bottleneck of the...

Hungary’s energy encirclement of Serbia: How MOL and MVM are quietly reshaping the oil and gas economy — and what it means for growth,...

Hungary’s advance into Serbia’s energy sector is no longer a collection of unrelated transactions. It is cohering into a system-level strategy that spans oil,...

From MW to TWh: How Serbia’s energy transition metrics mislead exporters

Serbia’s energy transition is still described almost entirely in megawatts. New projects are announced in MW, targets are framed in MW, and public debate...

Serbia’s CBAM shock is not about carbon prices — it is about electricity procurement failure

Serbia’s exposure to the European Union’s Carbon Border Adjustment Mechanism is often discussed as if it were primarily a carbon-pricing issue. This framing is...

Energy, oil and electricity in Serbia in 2025: Financial results, volumes and where cash was actually made

The split inside Serbia’s energy sector in 2025 was not just qualitative; it was measurable in revenues, margins, cash generation and balance-sheet behaviour. Oil...

Winners and losers of Serbia’s 2025 electricity market — Who actually benefits when volatility becomes the business model

Serbia’s electricity sector in 2025 is no longer an engineering monopoly environment where outcomes are predetermined by state planning and fixed price models. It...

Gas dependence and strategic blind spots: Serbia’s energy truths no longer hide

Experts have been brutally honest: Serbia remains structurally dependent on gas arrangements shaped by geopolitical vulnerability. This is not simply an energy issue. It...

Why electricity reform is now Serbia’s export policy

For most of Serbia’s post-transition period, electricity policy and export policy lived in separate institutional worlds. Electricity was treated as infrastructure — a background...
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