Once exchange liquidity and cross-border capacity are understood, the decisive question in South-East Europe becomes operational rather than theoretical: who controls flows at the margin, on which borders, and during which hours. The answer is not uniform across the region. Dominance shifts by corridor, by time block, and by whether a market is deep enough […]
By early 2026, South-East Europe’s electricity market is no longer best understood through national supply–demand balances alone. The decisive variable has become where liquidity concentrates, how effectively it travels across borders, and how deeply intraday markets absorb volatility. Power exchanges in SEE are no longer merely trading venues; they are price transmission engines whose depth,
South-East Europe’s power market is often described through exchanges and interconnectors, but the day-to-day reality is that liquidity is delivered by trading houses. They determine whether price spreads close quickly or persist for hours, whether intraday volatility becomes an opportunity or a penalty, and whether industrial buyers are offered tight index-based supply or contracts loaded
Cross-border electricity flows are the hidden engine of price formation in South-East Europe. While power exchanges provide the visible price signal, it is interconnector availability, congestion patterns and directional flow economics that determine whether those prices converge or fragment. By early 2026, SEE no longer behaves as a collection of isolated national markets, but neither
January 2026 confirmed that South-East Europe’s electricity markets have entered a structurally different phase from the crisis years of 2022–2024. Prices remained elevated by historical standards, but the defining change was the return of tradable liquidity. Volumes increased, cross-border flows intensified, and professional trading activity reasserted itself across organised exchanges and interconnector corridors. The region
Europe’s electricity system is entering a phase where engineering capacity, not capital or political will, has become the primary constraint. Across the continent, transmission and distribution operators are under pressure to connect unprecedented volumes of renewables, reinforce aging grids, integrate flexibility, and comply with increasingly complex regulatory requirements. The common bottleneck is no longer financing or
Europe’s energy transition is entering a phase where ambition, capital and policy alignment are no longer the binding constraints. The limiting factor has become execution. Across power generation, grids, storage and flexibility assets, the physical act of delivering projects on time and at predictable cost has turned into the system’s weakest link. In this new
Applied energy engineering: The missing near-sourcing link in Europe Read More »
Applied energy engineering completes the near-sourcing picture for Europe’s energy transition, filling a structural gap that hardware manufacturing, raw-materials access and capital mobilisation alone cannot resolve. While policy debate and investment narratives focus on turbines, transformers, batteries and grids, the limiting factor increasingly sits upstream in the delivery chain. Europe’s transition is engineering-intensive, yet engineering capacity
Industrial cybersecurity has moved decisively out of the IT department and into the operational core of Europe’s energy and industrial systems. Power grids, substations, pipelines, refineries, water systems, rail networks and factories now depend on operational technology (OT) and SCADA environments that were never designed for hostile digital environments. As connectivity increases, so does exposure. Regulators, insurers and system
SEE as Europe’s energy shock absorber in a high-volatility decade Read More »
Europe’s energy transition is entering its most fragile phase. The period ahead is no longer defined by whether decarbonisation is desirable, financed or technically feasible. It is defined by whether it can be executed at scale under conditions of rising volatility. Power systems are being re-engineered while they remain in operation. Grid reinforcement, renewable deployment,
