June 3, 2025
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Western Balkans urged to step up just transition measures

In its new guidelines for the just transition, the Energy Community Secretariat highlighted the lack of policies and measures in its contracting parties in the Western Balkans. The concept implies incorporating a people-centred and regionally tailored approach, in national energy and climate planning, to phasing out fossil fuels while providing targeted support to those most affected. Just transition plans can help attract investments.

The Energy Community Secretariat published the Policy Guidelines on Just Transition as part of integrated energy and climate planning. It aims to assist the contracting parties in aligning with their legal obligations. The international organization called on them to adopt dedicated just transition plans (JTPs) or roadmaps, matching their national energy and climate plans (NECPs). The criticism of the Western Balkans mostly concerns the lack of policies and measures in the NECPs.

Of note, Serbia issued its draft Just Transition Action Plan last month. The World Bank approved a EUR 79.9 million loan and a EUR 2.89 million grant for the purpose, to the Federation of Bosnia and Herzegovina, one of the two entities constituting BiH.

Signing the Sofia Declaration in 2020, the Western Balkans committed to decarbonizing their economies to net zero by 2050

The secretariat recommended that the contracting parties improve their reporting on the matter as well. The just transition is a people-centred and regionally tailored approach to phasing out fossil fuels while providing targeted support to those most affected by the process, it pointed out.

In the Sofia Declaration on the Green Agenda for the Western Balkans, adopted in 2020, six contracting parties in the region committed to decarbonizing their economies and the 2050 climate neutrality objective.

A just transition implies support to affected workers and communities, addressing energy poverty, promoting inclusive governance, and ensuring fair access to the benefits of the transition, according to the guidelines. The economies would need to switch to clean, secure and affordable energy for all, the document notes.

Average coal power plant is almost five decades old

In most contracting parties, coal-based electricity generation is still dominant, characterised by low efficiency and high levels of emissions of carbon dioxide and pollutants.

Coal plants in the Western Balkans are between 34 and 67 years old, with an average age of 46 years in 2023. It entails risks to the security of electricity supply, the Energy Community Secretariat warned.

For comparison, it provided an overview of the situation in the European Union. The authors noted that Romania has no national JTP, but that it developed six territorial just transition plans or TJTPs. They cover the coal regions of Hunedoara, Gorj, Dolj, Galați, Prahova and Mureș.

Due to the insufficient level of integration of just transition in NECPs and the decision by many Energy Community contracting parties to create separate policies and measures in the form of just transition plans, the secretariat recommends that they develop them replicating the structure and content of TJTPs and base them on lessons learnt from European Union member states.

Authorities should support firms, job creation, equal opportunities

JTPs should be based on a granular identification of territories most impacted by decarbonisation, supported by thorough socio-economic and environmental impact assessments.

According to the guidelines, decision makers should support economic stakeholders such as micro, small and medium-sized enterprises and startups. It applies to the creation of firms, too, including through business incubators and consulting services. Workers and jobseekers need upskilling, reskilling and training, the update reads.

Women’s labour market participation and entrepreneurship, as well as equal pay, play an important role in ensuring equal opportunities

Women’s labour market participation and entrepreneurship, as well as equal pay, play an important role in ensuring equal opportunities, the document adds.

“Although no dedicated financing is currently available solely for just transition in the Energy Community, the preparation of comprehensive and credible just transition plans can significantly increase the chances of mobilising both public and private funding in the future. Just transition plans can serve as strategic investment roadmaps,” the authors of the guidelines underscored.

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May 30, 2025
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Western Balkans power markets: hope for coupling with EU, concerns about CBAM

Energy Community contracting parties are doing their best to meet the challenging requirements and use the opportunity to couple their electricity markets with the European Union in Q4 2026 or Q1 2027. Apart from other benefits, coupling could represent a strong incentive for investment in renewables. However, the introduction of CBAM could be a step back for electricity markets, investments and energy transition in the region, according to representatives of transmission system operators, regulators, and power exchanges who spoke at Belgrade Energy Forum 2025.

The third Belgrade Energy Forum, BEF 2025, organized by Balkan Green Energy News, welcomed four hundred participants from more than 30 countries from the region, Europe, and beyond.

Participants in the panel called Integration of Western Balkans electricity markets into internal European market through market coupling were:

  • Anže Predovnik, ADEX Group, CEO,
  • Jasmina Trhulj, Energy Community Secretariat, Head of Electricity Unit,
  • Ivan Asanović, TSO Crnogorski Elektroprenosni Sistem (CGES), CEO,
  • Marko Bislimoski, Energy, Water Services and Municipal Waste Management Services Regulatory Commission of the Republic of North Macedonia (RKE or ERC), President,
  • Zoran Vujasinović, EU Agency for the Cooperation of Energy Regulators (ACER), Policy Officer.

They discussed very hot topics including market coupling, the Carbon Border Adjustment Mechanism (CBAM), and blackouts.

Market coupling: The first go-live window scheduled for Q4 2026 or Q1 2027

Dejan Stojčevski and Jasmina Trhulj (photo: Balkan Green Energy News)

In his opening remarks, panel moderator Dejan Stojčevski, CTO of the SEEPEX power exchange, emphasized the importance of integrating the electricity markets of the Energy Community contracting parties (EnC CPs) with the EU internal electricity market as a key element in the energy transition process.

“Market coupling, which is a prerequisite for a successful energy transition, brings about greater transparency, increased competition, the establishment of a unified regional reference price, and stronger incentives for investment in renewable energy sources,” he stressed.

However, in his words, the integration is not without challenges. Countries in the region must address several issues, including the transposition of relevant regulations, the designation of nominated electricity market operators (NEMOs), and the operational connection process through the implementation of local projects, Stojčevski underlined.

Trhulj: The transposition of EIP enables accelerated electricity market integration into the single EU electricity market

The most important regulation is the Energy Integration Package (EIP). Jasmina Trhulj, Head of Electricity Unit of the Energy Community Secretariat, recalled that the transposition of EIP by the contracting parties enables their accelerated electricity market integration into the single EU electricity market before accession into the EU takes place.

To achieve that, EnC CPs have to adopt and implement the laws in a compliant manner, including extending ACER’s jurisdiction to the cross-border issues between EU member states and EnC CPs, she noted.

With regard to regional methodologies, ACER is competent to the extent that neighboring EU countries are involved, which is most often the case.

The preparation of the Market Coupling Operator Integration Plan is underway

Another important piece of the puzzle is the Market Coupling Operator Integration Plan (MCO IP), which will set guidelines and timelines for the implementation of the day-ahead and intraday market coupling of EnC CPs. Trhulj confirmed that the preparation is currently underway.

According to the draft MCO IP, the first go-live window is scheduled for Q4 2026 or potentially by Q1 2027, provided that the following prerequisites are met, she revealed.

The prerequisites are the transposition of the EIHP completed and its compliance verified; NEMO designated in a compliant manner; operational readiness of transmission system operators (TSOs) and NEMOs confirmed; and full contractual adherence completed.

“Provided that the legislation is transposed and its compliance verified and MCO IP approved by ACER, a NEMO may submit requests for accession to market coupling. This is followed by an accession process lasting up to 18 months,” Trhulj explained.

Serbia, Montenegro “locked and ready” for the first go-live window

Anže Predovnik and Zoran Vujasinović (photo: Balkan Green Energy News)

ADEX Group CEO Anže Predovnik shared Slovenia’s experience in various market coupling processes within the internal European electricity market, including different products such as day-ahead, intraday continuous, and intraday auction market coupling.

He particularly emphasized the importance of market coupling and its impact on liquidity, transparency, competition, and increased investments in renewable energy sources.

Predovnik presented HUPX’s integration into the ADEX Group, which was completed in late 2024, and highlighted the benefits ADEX brings to the market and its participants through the unification of the power exchanges of Slovenia, Serbia, and Hungary.

Enhanced transparency, the use of a unified trading and clearing technology, a single market operation, a harmonized market access process across the ADEX markets, alignment of rules, and improved client services are just some of the advantages offered by the formation of ADEX Group, he pointed out.

One immediate benefit already implemented is that market participants active in one ADEX market do not pay entry fees when accessing another market within the group.

Predovnik: Market participants active in one ADEX market don’t pay entry fees when accessing another market within the group

“Additionally, all resources within the group are contributing to the implementation of the local project for coupling the Serbian and Hungarian day-ahead markets, with the project expected to be completed at the first available slot, anticipated for Q4 2026 or Q1 2027,” Predovnik noted.

CEO of Montenegro’s TSO Crnogorski Elektroprenosni Sistem (CGES) Ivan Asanović also spoke about the market coupling project timeframe.

After compliance of the transposition of EIP is verified and provided that the necessary adaptations of the Day-ahead Operations Agreement (DAOA) and the Intraday Operations Agreement (IDOA) regarding the extension to the price zones of EnC CPs are adopted at the Market Coupling Steering Committee (MCSC) level, CGES and power exchange BELEN could sign these contracts, becoming non-operating parties in the MCSC, he revealed.

According to Asanović, obtaining the status in MCSC is a precondition for the submission of a request for change, and it is extremely important to carry it out in a timely manner, to complete the process, which lasts 18 months, until Q4 2026 or Q1 2027.

Of note, a week ago, North Macedonia’s Minister of Energy, Mining and Mineral Resources Sanja Božinovska said it is realistic to aim for coupling in the fourth quarter of 2026 or the first quarter of 2027.

CBAM and blackouts are looming

Anže Predovnik, Zoran Vujasinović and Ivan Asanović (photo: Balkan Green Energy News)

Apart from market coupling, the stakeholders in the region are also concerned about the developments regarding the Carbon Border Adjustment Mechanism (CBAM) as well as about blackouts.

Dejan Stojčevski (SEEPEX) sees the potential effect of CBAM on the electricity sector, starting on January 1, 2026, as a major issue.

The mechanism could pose a serious threat to the overall energy transition in the region, he added.

In addition, it is crucial to discuss system security and the root causes of the blackouts that recently occurred across Europe, Stojčevski pointed out.

“As there was no announcement that the application of CBAM will be postponed, we are operating under the assumption that it will apply to electricity as of January 1, 2026, given that the contracting parties will not be ready for market coupling by that date,” Jasmina Trhulj (Energy Community Secretariat) underlined.

Trhulj: There is a risk that certain stakeholders may shift their trading activities and renewable investments away from the region

In her words, it creates a number of risks to the functioning of the regional electricity market and the energy transition process that the secretariat has been raising on behalf of the contracting parties, electricity traders, power utilities, renewable energy developers, and other stakeholders.

She warned of a risk that certain stakeholders shift their trading activities and investments in renewables away from the region, thereby potentially undermining integration and decarbonization efforts.

Dejan Stojčevski, Jasmina Trhulj and Marko Bislimoski (photo: Balkan Green Energy News)

In addition, market participants are raising the issue of the considerable uncertainty regarding the exact technical implementation of CBAM for electricity – inherently unique within a group of goods, Trhulj recalled.

It is crucial for the countries in the region to speak openly with Brussels, said Marko Bislimoski, president of the Energy, Water Services and Municipal Waste Management Services Regulatory Commission of the Republic of North Macedonia. In addition, they need to come up with an action plan, together with the Energy Community Secretariat, defining the phases for the introduction of carbon pricing, in his view.

Bislimoski: We need to define the items for which we need financial assistance from the EU

“We need a serious approach and to say what we can do ourselves, and then immediately make it happen. At the same time, we need to define the items for which we will need financial assistance from the EU,” Bislimoski asserted.

The panelists agreed the region needs to present a single coordinated position on CBAM at an upcoming meeting on July 1 in Brussels.

Bislimoski recalled that North Macedonia recently adopted the new Law on Energy and added that bylaws would follow. The end goal is to provide security and stability in the transmission and distribution of electricity like in the EU, but also to lower the prices of electricity for consumers, he added.

Asanović: It is necessary to take urgent measures to improve coordination in the region

Regarding the issue of blackouts, Ivan Asanović (CGES) emphasized the importance of coordinating transmission capacities and maintenance plans for transmission lines across the wider Balkan region.

He recalled the challenging operational conditions experienced last winter, when exchanges planned along the Greece-Bulgaria-Romania-Hungary corridor were largely physically realized via the southwestern Balkans, leading to significant network stress. Such situations must be avoided through more comprehensive coordination, he warned.

It is necessary, in his words, to take urgent measures to improve coordination in the region to alleviate the current problems until the establishment of the mechanisms and structures prescribed in the CACM and SOGL regulations.

“These rules will fully harmonize the operation of the system in the region with the rest of Europe and significantly improve the security of functioning and create the necessary preconditions for connecting the markets of the WB6 countries with the single European market,” Asanović stressed.

Vujasinović (ACER): Full operational readiness of CCRs is not a prerequisite for market coupling

Zoran Vujasinović and Ivan Asanović

TSOs made a breakthrough in December. They agreed on a Joint Declaration on Regional Coordination. The declaration, facilitated by ENTSO-E, outlined a new comprehensive cooperation framework for the Western Balkans TSOs within South-East Europe.

Zoran Vujasinović, Policy Officer at the EU Agency for the Cooperation of Energy Regulators (ACER), mentioned that in January the body submitted a request to the TSOs to propose the configuration of capacity calculation regions (CCRs), incorporating the bidding zone borders of EnC CPs within the framework of the EU CCR methodology.

The TSOs’ proposal is expected by the end of July, after which ACER will issue a decision within six months, he said.

The current TSO proposal envisions:

  • the inclusion of the southeastern bidding zone borders in the Balkans into the South East Europe (SEE) region, which already includes the borders between Romania, Bulgaria, and Greece.
  • the formation of a separate region in the northwestern part (covering the mutual borders of bidding zones of Serbia, Bosnia and Herzegovina, and Montenegro, as well as their bidding zone borders with the EU), with a perspective of integration into the Central Europe region.
  • the Italy-Montenegro region and the Eastern Europe region (including Ukraine, Moldova, Poland, Slovakia, Hungary, and Romania) to remain unchanged, as defined by the CACM Regulation of the Energy Community.

According to Vujasaninović, ACER’s position is that the entire region should, over time, transition to flow-based capacity calculation and allocation methodologies. However, the initial step will be participation in market coupling based on Net Transfer Capacity (NTC) values.

“It is important to note that full operational readiness of CCRs is not a prerequisite for market coupling. The coupling can proceed based on existing NTC calculation procedures, provided that regional operational security is not compromised at any time and that maximum coordination in capacity calculation is ensured,” Vujasinović stressed.

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May 27, 2025
by in News

Clock is ticking for introducing carbon tax in Western Balkans, many ambiguities still remain

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. Even though the Governments might not have been proactive enough in the previous years, the participants of the CBAM panel on BEF 2025 believe there is still time for the regional actors to come up with more proactive approach towards the EU.

Energy Community Contracting Parties are approaching critical choices on carbon pricing that will shape the pathway towards climate neutrality, electricity market integration and sustainable economic development. From January 1, 2026, producers of aluminum, fertilizers, cement, steel, and hydrogen, as well as electricity exporters, will be required to pay the tax on CO2 emissions released during the production of the goods they export to the EU.

At the Ministerial Council in December 2024, four carbon pricing models were presented to the Contracting parties: regional emissions trading system (ETS), national carbon taxes, fixed-price Emissions Trading System (ETS), and full integration with the EU ETS. Upon the request of the Contracting parties, the Energy Community Secretariat provided an impact assessment for all four scenarios. The scenarios differ in structure and scope, but all support a common goal: progressive alignment with the EU ETS and the implementation of the polluter-pays principle.

The Ministerial Council is expected to meet in July to reflect on these scenarios and decide on the preferred regional pathway. This decision will shape the revision of the Decarbonisation Roadmap and guide the implementation of carbon pricing reform up to 2030 and beyond.

Carbon pricing is also central to the region’s electricity market future. The Electricity Integration Package, adopted in 2022, outlines the path to full market coupling between the Energy Community and the EU. To avoid distortions and ensure a level playing field, timely carbon pricing implementation is essential. “The projections shows that if the region would join EU ETS after 2030, the carbon price should reach or even exceed 100 euros per ton of CO2. This would have serious consequences for energy prices, competitiveness and industrial exports. Also, delaying actions could prove to be costly. That’s why contracting parties are expecting to implement domestic ETS for electricity with the price equivalent to EU ETS”, Milica Brkić Vukovljak, from Energy Agency of the Republic of Serbia, explained.

Milica Brkic Vukovljak (photo: Balkan Green Energy News)

The expectations around the CBAM introduction in the region were the main topic of discussion on the BEF 2025 panel Addressing carbon pricing in the Western Balkans – Turning decarbonization challenges into opportunities through collaboration, innovation and competitiveness, moderated by Brkić Vukovljak.

The key message from the panel is that regional governments need to take a more active role, especially towards the European Union, and numerous arguments were put forward during the discussion in that direction.

As for Serbia, it is worth noting that it is the only Contracting party of the Energy Community that had transposed the Electricity Integration Package, through which transit of importance for traders takes place. Given that the market coupling is scheduled for the beginning of 2027, it would be important to try to get the European Commission to postpone the deadline from 2026 to 2027.

Introduction of CBAM should not interfere with market integration

While admitting that „it’s never a good moment politically to decide on carbon pricing“, Adam Cwetsch, Head of the European Green Deal in the Energy Community Secretariat, said he believed that the current momentum in the region, together with cumulated experiences, could allow making such a decision at this time.

Adam Cwetsch (photo: Balkan Green Energy News)

He recalled that the decision on carbon pricing was partially left open with the 2021 Decarbonization Roadmap. At the same time, the Green Agenda for Western Balkans is referring to alignment with the EU ETS, as an objective that countries should aim.

„The role of Secretariat is to facilitate making those decisions, fully informed. It entails certain risks, but it is also helping the countries in their journey to join the EU eventually. Another important consideration is setting standards for monitoring emissions, which the countries are obliged to establish and make as of 2026. This is necessary for any credible carbon pricing system, regardless of the chosen model, as they all require credible data and standards“, Cwetsch said.

He insisted that the market integration and market coupling should not be disturbed with the introduction of CBAM, making it a priority to synchronize the situation within the region.

Any model to be decided has to have, as an end point, alignment with the EU ETS

“The least desirable solution would be that there is a country that progresses faster than others and is forced to implement an internal Energy Community CBAM”, Cwetsch said, advocating for a coordinated approach towards setting up the carbon emissions price.

He also noted that any model to be decided must have, as an end point, alignment with the EU ETS. „That should be taken into account when designing the pathway with selected option“, he added.

As things now stand from January 2026 CBAM will be effective, while the market coupling, that allows for exemptions, will not be yet in place. „It is important not to end up with disintegrating the market“, Cwetsch noted.

On the other hand, he believes there is a space for more proactive policy from the Western Balkans actors. „The region should reach out to the EU with more proactive climate policies, which would make clear how the region could contribute to the 2030 or 2040 targets for climate neutrality that EU is striving“, he concluded.

Without carbon pricing mechanisms, the regional markets will be flooded with imports

Branko Zečević (photo: Balkan Green Energy News)

The representatives of energy intensive industry are concerned that past discussions about carbon pricing didn’t pay enough attention to the interests of the companies that are going to be directly affected by imposing tariffs on exports to the EU.

Branko Zečević, president of the Metalfer Group and one of the founders of the Association of Serbian Energy Intensive Industry, said that the introduction of CBAM from the beginning of next year will certainly affect Serbian exports, even though many companies have been preparing for this moment and investing in decarbonization. „Some companies are further down that road, some are at the beginning, and the effects can’t be quantified easily right now“, he argued.

Once you have saved the industry, you have somebody to tax. Otherways, there will be nothing to talk about

However, Zečević insisted that much bigger threat for industry in Serbia and the region, is the expected flood of goods that will not be able to enter EU market anymore and will try to find third markets.

„Markets in the region are pretty opened for that sort of import. An imperative is therefore to have our own carbon pricing system, however you may call it. We must protect our market from these consequences, otherways we will not have any industry to protect in the future“, he insisted.

In his opinion, the first step should be to copy-paste what the EU is doing, to protect the industry, and after that we can talk about the models of carbon pricing. „Once you have saved the industry, you have somebody to tax. Otherways, there will be nothing to talk about“, he warned.

Asked about the expectations of the industry from the Government, he said that financial assistance does not seem a realistic option in the Western Balkans, but there are regulatory measures that could help the companies.

„Industry is more complex than coupling the electricity market, as every industry is different. The companies in the EU received billions of euros in grants over the last 15 years, while the companies in the region were left on their own, each individual company, to make its own adjustments. What the governments in the region can do is to put in place regulatory rules to help and protect local industry and then as a next stage to see if it can implement that regionally“, he concluded.

CBAM ambiguities rising concerns for energy traders

Mark Copley (photo: Balkan Green Energy News)

The ambiguities that follow the introduction of the emissions trading mechanism in the region are more likely to deter than to attract energy traders. Mark Copley, CEO of Energy Traders Europe, association representing 170 energy traders, some of them being active in the region, noted that there is confusion and concern regarding the implementation of CBAM in Western Balkans.

“Lots of questions have been raised: how is that going to work, how the price of CO2 is going to be calculated, what does this means for market integration, how the traders will actually be able to transit power through this region etc”, he said.

Energy traders are pretty good with price risks and volume risks, what we fear is political risk and regulatory risk

While noting that traders generally think that carbon pricing is a good idea, he warned that a good idea in principle could have significant unintended consequences in practice. Energy traders are pretty good with price risks and volume risks, what we fear is political risk and regulatory risk. „I’d like to think that this moment is an opportunity to sit down with all the parties involved to try to sort out the rules”, Copley said.

Copley insisted that he doesn’t have a specific view on what form of pricing is right from the region, but reminded of the experience when Great Britain created its own ETS, which proved to be more volatile, risky and difficult to operate.

„The bigger, more stable, more integrated market – the better. When you have ETS as a large and liquid system, it is fairly easy to trade and manage risks. However, it gets more difficult where you don’t know what the policies are in the short term or in the long term. While I understand the desire that the model should reflect the specifics of the market, be careful in small markets with not much liquidity, because it is hard to design good systems for them”, Copley noted.

Carbon pricing models should reflect the interests of each country in the region

Damir Miljević (photo: Balkan Green Energy News)

The regional non-governmental organizations also have been raising their voice over the topic of CBAM in previous years. One of the warnings of possible negative economic and social impacts was the analysis Chaotic and fake decarbonization of power sectors in the Western Balkansin 2023.

“The problem is that the introduction of CBAM in often seen as a kind of natural disaster, something inevitable that is about to happen”, said Damir Miljević, member of the Board of Center for Sustainable Energy Transition, RESET, a think-tank that published the report mentioned.

In his opinion, Western Balkan countries did not participate actively in the process with lobbying and negotiating with the EU. „The policy makers sit in Brussels, while the Energy Community Secretariat is the directorate for the implementation of the international agreement. I don’t recall that some delegation from the Western Balkans went to talk to the EU about exemptions, even though we had at least one strong argument. Stabilization and Association Agreement with the EU states that neither contracting party will introduce additional taxes, or levies on the other, which means that even if they are introduced, we would have to negotiate about it“, Miljević explained.

The advantage should be given to the model that is fastest and simplest to implement, which is direct taxation

Another argument for negotiations is even stronger – the countries that are candidates for EU accession should not have the same treatment as some very distant states on other continents, he argued. Miljević also added that the region should focus on transferring the acquis from the EU, which they are obliged to, not the policies, where the situation is completely different.

„In the present situation, the only viable solution is to introduce some form of taxation of CO2 for the industry“, he said. In his opinion, this means the advantage should be given to the model that is fastest and simplest to implement, which is direct taxation, to eliminate the influence of CBAM on the export of industrial products from the region to the EU.

„It would be difficult to consider regional schemes, due to huge differences within the region. We already lost too much time on it. Each country should do it individually considering its own interest, not the interest of the energy sector, but the interest of the citizens and the economy and the consequences for them. This way, we will get some initial, however small assets, to start solving the core issue. We should also remember that the introduction of levies on CO2 is essential for the creation of any fund for coal regions in transition”, Miljević concluded.

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May 15, 2025
by in News

Belgrade Energy Forum 2025 – energy market reforms accelerate integration into EU

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 Forum – BEF 2025.

Founder and Editor of Balkan Green Energy News Branislava Jovičić said the current changes in the energy sector can already be called an energy revolution.

The third Belgrade Energy Forum, BEF 2025, started today in Serbia’s capital city, welcoming four hundred participants from more than 30 countries from the region, Europe and beyond. The two-day conference, organized by Balkan Green Energy News, features eight panels with over 50 officials, executives and prominent energy experts.

Serbia was the first in the region to meet the preconditions for electricity market coupling with neighboring countries in the European Union and Energy Community, said Minister of Mining and Energy Dubravka Đedović Handanović. She added that the technical process would be completed within 18 months after the EU Agency for the Cooperation of Energy Regulators (ACER) and European Network of Transmission System Operators for Electricity (ENTSO-E) conduct the necessary steps.

Electricity market coupling will be completed within 18 months when the technical process starts

“It will be a historic event for our country for its benefits for citizens and companies, as it will ensure a more stable electricity supply and access to more affordable energy prices. It will turn us into an equal member within the region but also the EU as concerns the energy sector,” Đedović Handanović stated.

The SEEPEX power exchange has already prepared implementation projects with its counterparts in Hungary and Bulgaria for market coupling on their borders, the minister stressed.

Up to EUR 15 billion needs to be invested in energy

Đedović Handanović also pointed out that domestic and European regulators certified Serbia’s gas transmission system operator Transportgas for the first time. The start of construction of the Serbia-Hungary oil pipeline is expected to begin early next year at the latest, the minister said.

The baseline for the development plan for energy infrastructure and energy efficiency should be completed by the end of May, she revealed. It identifies the need for EUR 14 billion to EUR 15 billion in investments in the next ten years, according to Đedović Handanović. Renewables and new hydropower potential account for EUR 7 billion, she said.

Serbia will double the electricity transmission capacity with Hungary and increase it with Bulgaria, the minister asserted.

Serbia is frontrunner in region with its progress toward market coupling

As the Western Balkan region confronts the trailing trilemma of decarbonization, affordability, and energy security, the need for an accelerated integration with the European Union has never been more urgent, Energy Community Secretariat Director Artur Lorkowski said.

The organization provides a platform for the process, a strategic window of opportunity to inspire market confidence now, not in years or months to come, he explained. Lorkowski said it implies deeper coordination among Energy Community contracting parties in removing cross-border bottlenecks and harmonizing market operations.

Above all, there is an urgent need to move forward on electricity market integration with the EU, so the region can fully benefit from it in 2027, he noted, underscoring that Serbia is the frontrunner.

Exporters of electricity to the EU can attend a technical consultative meeting in Brussels on July 1

The Carbon Border Adjustment Mechanism (CBAM) is another urgent priority, Lorkowski said. He announced that the Energy Community Secretariat and European Commission would organize a technical consultative meeting in Brussels on July 1 for electricity exporters to the EU.

The establishment of domestic carbon pricing mechanisms is inevitable, Lorkowski warned. The question is how to introduce domestic carbon pricing and keep energy prices affordable for households and competitive for businesses, he told the audience at BEF 2025.

“The way forward is clearly defined, and the conditions linked to energy market reform and decarbonization are well known. And I’m, frankly speaking, very optimistic that progress on these issues can be substantive in months and years to come,” the secretariat’s head stressed.

Jovičić: Energy revolution underway

Energy and climate issues are among the most important ones in the world today, as well as in Southeastern Europe, Founder and Editor of Balkan Green Energy News Branislava Jovičić said. All stakeholders, aware of the necessity of rapid changes and prudent solutions, are working toward a secure energy supply and decarbonization, she added.

“Last year we spoke about the energy transition. This year we can freely call the changes in the energy sector an energy revolution,” Jovičić stated. The five pillars of the energy revolution are solar and wind power, battery storage, digitalization, nuclear energy and decentralized generation and consumption, she stressed.

Balkan Green Energy News is a leading energy media website in the region and one of the top 50 in the world, Branislava Jovičič said.

Post Views:28
May 13, 2025
by in News

Everything is ready for Belgrade Energy Forum 2025 – welcome!

Everything is ready for the third Belgrade Energy Forum – BEF 2025. On May 14 and 15, the conference will gather four hundred participants from more then 30 countries from the region, Europe, and beyond.

Participants of the Belgrade Energy Forum 2025 (BEF 2025) will have the opportunity to hear from speakers from the European Union and five countries in the region and exchange views. Eight panels featuring more than 50 officials, executives and prominent energy experts will try to untangle the currently most important issues in the energy sector.

Representatives of governments, regulatory agencies, regional and international institutions and organizations as well as the business community will outline their future moves, which is invaluable information given the new reality of a turbulent geopolitical landscape.

Latest information on the largest project for the installation of solar power plants in the region and beyond

Energy Community Secretariat Director Artur Lorkowski and Serbian Minister of Mining and Energy Dubravka Đedović Handanović will open the event. One of the key speakers is Christian Zinglersen, director of the EU Agency for the Cooperation of Energy Regulators (ACER).

The ministerial panel consists of ministers and other officials from Montenegro, Croatia, Hungary, Serbia, and the Republic of Srpska, which is one of the two entities making up Bosnia and Herzegovina.

Representatives of the Hyundai Engineering – UGT Renewables consortium will summarize the next steps in the largest solar power project in the region and beyond. The consortium is the diamond sponsor of the event this year as well.

It entails solar power plants with a total connected power of 1,000 MW, and battery energy storage systems (BESS) of 200 MW in overall capability and 400 MWh in capacity.

It is a joint project with Serbian state-owned power utility Elektroprivreda Srbije. The partners took another important step this week by signing a grid connection contract with the country’s transmission system operator Elektromreža Srbije.

Hitachi’s cutting-edge technological solutions are indispensable in Southeast Europe

Keynote speakers Seung-Won Lee, Vice President of Hyundai Engineering, and Chan Wo Park, Global Executive Advisor at UGT Renewables, will present the project.

Hitachi Energy‘s cutting-edge technological solutions are indispensable in Southeast Europe. Some examples of its contribution to the energy transition of the region are the largest solar power plant in the Balkans – Apriltsi in Bulgaria, of 250 MW, as well as the second wind farm in North Macedonia – Bogoslovec, with a capacity of 36 MW.

Together with the Association of Serbian Energy Intensive Industry, Hitachi Energy is in the group of silver sponsors of BEF 2025.

The association was founded by Metalfer Group, Elixir Group, Lafarge Serbia, Moravacem (part of CRH) and TITAN Cementara Kosjerić. They are producers of steel, fertilizers and cement driven by a vision of sustainable development, industrial innovation and regulatory clarity.

Zečević: Decarbonization must be shaped by strategy, not imposed by circumstance

BEF 2025 will be attended by the association’s manager Stanislava Simić, Metalfer Group president, Branko Zečević and Lafarge Serbia CEO Dimitrije Knjeginjić.

“As Europe enforces carbon accountability through CBAM, Serbia and the Western Balkans must not remain a regulatory blind spot. Without our own regionally adapted carbon border policy, we risk being overwhelmed by carbon-intensive imports, eroding both our industry and climate goals,” Zečević stressed.

The association calls for a regional, synchronized approach – one that levels the playing field, accelerates innovation, and positions the Western Balkans as a credible partner in Europe’s green transition, he added. Decarbonization must be shaped by strategy, not imposed by circumstance, according to Zečević.

Batteries are the stars of BEF 2025

The panel ‘Energy storage system market in SEE: trends and forecasts’ has attracted great interest.

One of the panelists is Ioanna Barouni, Research Associate in Aurora Energy Research, a reliable energy market analyst and a knowledge partner of the forum. The company’s analysis unveils answers to questions that everybody asks – politicians, investors and regulators alike. For instance, one burning issue is the effect of cannibalization in solar power on wholesale power prices.

Aurora recently presented its first forecast for the Western Balkans, based on investment activity. The firm now provides forecasting services for Albania, Kosovo*, North Macedonia, Montenegro, and Bosnia and Herzegovina.

Cerović: BEF is a key event bringing together industry experts

Financing battery energy storage systems is a job banks such as UniCredit Bank Serbia, a bronze sponsor of the conference.

“I’m delighted to once again represent UniCredit Bank Serbia, in BEF, a key event that brings together industry experts and leaders in the energy transition in Southeast Europe. As the global market moves towards decarbonization and greater use of renewable sources, the role of energy storage systems becomes increasingly important,” said Svetlana Cerović, Head of Specialized Lending at UniCredit Bank Serbia.

She is also last year’s winner of the Female Leader in Sustainable Energy award.

Fortis brings its vast experience in investments in energy storage

Fortis is bringing its vast experience in investments in energy storage. In February, the firm inked a deal for batteries for North Macedonia’s largest PV plant, Oslomej, while a 36 MWh battery in Serbia is in the pipeline. Fortis has also signed a framework agreement with PowerChina on joint investments in renewable energy projects.

Nikola Oklobdžija, CEO of Fortis Energy for Eastern Europe, will present the company’s vision.

Renewable Energy Insurance Broker, a bronze sponsor, was one of the key factors for the largest photovoltaic plant in Romania. It provided insurance packages for every phase of development of the 155 MW Rătești facility. REIB is a specialized insurance intermediary focused exclusively on the renewable energy sector.

Tailored insurance solutions improve project bankability and long-term security, according to the firm.

Four companies are exhibitors

BEF 2025 has an exhibition segment, too. One of the companies showcasing its activities is ScadaWatt, which develops smart and reliable solutions for power plants. The company provides remote monitoring, real-time control, and AI-powered analytics to improve efficiency and reduce losses.

SciEngineer and Zarja Elektronika will also present their services and solutions. SciEngineer is the exclusive representative of MathWorks, COMSOL, and Speedgoat in Central and Eastern Europe. Their solutions reduce development time, cut costs, improve reliability, and accelerate time-to-market.

Zarja Elektronika is a leading Slovenian company specializing in advanced fire detection and alarm systems. With over 40 years of experience, it provides innovative, reliable, and tailor-made safety solutions for industrial, commercial, and residential environments.

DRI and YEO are friends of the conference

The Chinese company SANY Renewable Energy, which owns the Alibunar 1 and Alibunar 2 wind farms, will also have an exhibition stand.

DRI and YEO are joining the group of the friends of the conference. DRI is an Amsterdam-headquartered renewables developer and a subsidiary of the DTEK Group, one of the biggest private investors in Ukraine’s energy sector.

Joffroy Beckers, Head of PPA, will speak at a panel dedicated to the topic.

In January, DRI said it planned to start building the 120 MW Ljubovo wind power plant in Croatia in 2027. It revealed it right after it completed a 60 MW solar power plant in Romania.

Turkey-based YEO is active in more than 30 countries, delivering turnkey solutions in energy and industrial systems. In the Balkans, in addition to its energy expertise role, the company invests in renewable energy projects.

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* This designation is without prejudice to positions onstatus and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.
May 8, 2025
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Belgrade Energy Forum 2025 – top delegations coming from EU, Southeast European countries

Final preparations are underway for the third Belgrade Energy Forum, BEF 2025. Energy Community Secretariat Director Artur Lorkowski and Serbian Minister of Mining and Energy Dubravka Đedović Handanović will open the event. One of the key speakers is Director Christian Zinglersen of the EU Agency for the Cooperation of Energy Regulators (ACER). The ministerial panel consists of ministers and representatives of the governments of Montenegro, Croatia, Hungary, Serbia and the Republic of Srpska, which is one of the two entities making up Bosnia and Herzegovina.

Senior delegations from the European Union and five countries in the region, eight panel discussions and more than 50 distinguished speakers – energy experts and representatives of energy companies – all prove that the third Belgrade Energy Forum (BEF 2025) will host key stakeholders in Southeast Europe’s energy transition on May 14 and 15.

The conference, organized by the region’s leading energy portal Balkan Green Energy News, will be the meeting point of the representatives of regional and international institutions and organizations as well as the representatives of the business community from the region, Europe and the world. Register in time via this link.

The participants in the first panel at BEF 2025, called ‘High-ministerial panel on SEE regional cooperation and energy transition strategies’, are:

  • Petar Đokić, Minister of Energy and Mining, Government of Republic of Srpska
  • Admir Šahmanović, Minister of Energy and Mining, Government of Montenegro
  • Dr. Illés Boglárka, State Secretary for Bilateral Relations, Ministry of Foreign Affairs and Trade, Government of Hungary
  • Jovana Joksimović, Assistant Minister, Ministry of Mining and Energy, Republic of Serbia
  • Marija Pujo Tadić, Special Envoy for Climate Action, Government of the Republic of Croatia
  • Dario Liguti, Director, Sustainable Energy, UNECE

Director of EU Agency for the Cooperation of Energy Regulators (ACER) Christian Zinglersen will deliver one of the keynote speeches. It is one of the European Union’s most important institutions in the energy sector. He is coming to BEF 2025 at a very important moment for the Energy Community contracting parties and the transposition of the EU’s energy regulations into national law.

Đedović Handanović: The energy transition knows no borders

Ahead of her participation at BEF 2025, Minister Dubravka Đedović Handanović stressed that the energy transition knows no borders and that it is why regional cooperation is of key importance.

“I am glad that energy experts from the entire region will convene in Belgrade, as only through a coordinated approach we can secure a more stable energy market, faster decarbonization and greater investments in renewable energy sources,” Đedović Handanović stated.

In addition to participating in the high-ministerial panel, Montenegrin Minister of Energy and Mining Admir Šahmanović will hold several bilateral meetings in Belgrade.

Šahmanović: The goal is not only clean energy, but just transition as well

“The energy transition is not just a technical challenge – it is a development opportunity and a civilizational leap. For the Western Balkans it is a chance for us to build an economy based on sustainability, connectivity and responsibility toward future generations. Montenegro believes that a successful transition depends on our capability to act together – through the planning of joint capacities, exchanging green energy surpluses and a coordinated approach toward partners and investors”, he said.

Šahmanović underscored that the goal is not only clean energy, but also a just transition – one that creates jobs, lowers poverty and brings growth to every part of the region. “We are ready to be a reliable partner in that joint future,” he added.

Đokić: Through joint efforts to an energy future that is economically stable, environmentally acceptable and socially responsible

The Ministry of Energy and Mining of the Republic of Srpska is again an institutional partner of BEF 2025, which, in the words of Minister Petar Đokić, represents proof of the ministry’s dedication to promoting energy sustainability, improvement of regional cooperation and attracting investments in the energy sector.

“The ministry and I have been actively contributing from the start to the work and discussions of this significant event, which gathers the most important players in the energy sector – institutions, investors, experts and other stakeholders. The forum stands out as a platform bolstering the exchange of ideas and experiences, and the results of these discussions contribute to identifying concrete solutions for challenges in energy,” Đokić pointed out.

He expressed confidence that joint efforts can result in the creation of an energy future that is economically stable, environmentally acceptable and socially responsible.

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April 6, 2025
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Kosovo* adopts Law on the Promotion of the Use of Renewable Energy Sources

Only after the first auction was held, lawmakers in Prishtina enabled subsidizing renewable electricity plants through contracts for difference (CfDs). Passing the Law on the Promotion of the Use of Renewable Energy Sources, they also cleared the way for the introduction of guarantees of origin, a renewable energy operator and support fund, energy communities and energy storage in Kosovo*. The legislation includes provisions on self-consumption.

Kosovo’s parliament adopted the Law on the Promotion of the Use of Renewable Energy Sources. It won praise from the Energy Community Secretariat for aligning the legal framework with the Renewable Energy Directive. The international organization based in Vienna also commended the move toward sustainable energy development.

“This law will bring benefits to the private sector, through new concepts of consumer involvement in the energy sector and through the definition of procedures that must be done competitively. In this way, all enterprises are treated equally, benefiting from their competition which leads to lower prices and affordable costs for citizens,” the Ministry of Energy said.

Provisions for green heating, cooling, transportation

Among the objectives are increasing the security of supply and protecting the environment. The Law on the Promotion of the Use of Renewable Energy Sources includes provisions on the combined generation of heat and power (CHP or cogeneration).

The legislation covers the electricity sector, heating and cooling and transportation. The law cleared the way for incentivizing consumers to produce, store and sell the surplus of renewable electricity.

A system for guarantees of origin of electricity is envisaged to be rolled out as well. Notably, the Energy Regulatory Office (ERO) expects to establish a registry in June. The law stipulates that a renewable energy operator would be founded. The entity would manage a renewable energy support fund.

Liquid day-ahead market was necessary to have reference prices for CfDs

In addition, the legislation defines energy communities, energy storage activities and behind-the-meter installations for renewables self-consumers. Such units wouldn’t be able to inject electricity into the grid.

The adoption of the law was apparently on hold until the Albanian Power Exchange (ALPEX) set up a liquid day-ahead market. Kosovo* and Albania jointly launched the bourse. The reference price set in trading is necessary for obligations determined in contracts for difference (CfDs). The subsidies are awarded in renewable energy auctions.

On the other hand, the first such competitive bidding process was completed late last month, before the Law on the Promotion of the Use of Renewable Energy Sources was passed.

The Government of North Macedonia sent a similar bill to the national assembly a month ago.

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* This designation is without prejudice to positions onstatus and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.
April 6, 2025
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Applications open for ninth Energy Community Summer School in Kotor

The Energy Community Secretariat is organizing its ninth Energy Community Summer School for young professionals in the energy sector. It will be held from July 19 to 26 in Kotor, at the Faculty of Maritime Studies of the University of Montenegro.

The Energy Community Summer School focuses on energy sectors in transition, particularly in Southeast and Eastern Europe. It offers young people a unique opportunity to explore the technical, economic, political, legal, and other aspects of energy transition.

The goal is to enable participants to understand the energy sector and promote skill development in all energy-related topics. The program includes a combination of courses, guest lectures, social, and cultural activities. Alongside theoretical elements, it provides practical training through case studies and mock cases.

The application deadline is March 31

The application process involves filling out a form that includes a CV and a short paper of up to five pages. In it, each candidate should present and briefly analyze current issues in energy policy related to economic implications, technical aspects of energy production, political implications and energy diplomacy, legal aspects, or sustainability of energy systems.

Postgraduate students (master’s and PhD), researchers from various fields, and professionals from government institutions, energy companies, and NGOs under 35 years of age are eligible to apply. Successful candidates will be selected by the Energy Community Secretariat in consultation with a network of academic and research institutions from participating countries. A total of 40 participants will be chosen.

The Energy Community Summer School is accredited, and participating students  can earn three ECTS credits.

Adrian Jasimi, the organizer of the Summer School, said its success lies in its ability to unite future leaders in the energy sector, encourage diverse perspectives, and inspire lasting connections. “It’s not just about knowledge; it’s about shaping the future of energy together,” he said.

The Energy Community Secretariat covers all costs

The Energy Community Secretariat covers all program-related expenses, including lectures, accommodation, excursions, and most meals. In addition to European Union citizens, participation is free for citizens of Albania, Armenia, Azerbaijan, Bosnia and Herzegovina, Georgia, Kosovo*, Moldova, Montenegro, North Macedonia, Norway, Serbia, Ukraine, the United Kingdom, and Turkey.

Energy Community contracting parties take turns hosting the Summer School each year. Last year it was held in Chișinău, the capital of Moldova.

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* This designation is without prejudice to positions onstatus and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.
January 19, 2018
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Energy Community opens dispute settlement procedure against Albania, Bosnia and Herzegovina and Ukraine

The Energy Community Secretariat initiated ex officio preliminary dispute settlement procedures against Albania, Bosnia and Herzegovina and Ukraine for the lack of unbundling of the countries’ electricity distribution system operators.  In its Opening Letters, the Secretariat takes the view that the three Contracting Parties fail to comply with their obligations under the Energy Community Treaty by (completely, partly or incorrectly) not having transposed the unbundling requirements of the Third Energy Package into national legislation and not having taken measures to implement legal and functional unbundling of their national electricity distribution system operators in practice. The electricity distribution system operators of the three countries still have fully integrated legal and functional governance structures for electricity distribution and supply.

Unbundling of distribution system operators is one of the central elements of electricity market liberalisation and has been obligatory in the Energy Community since 2015. Only when separated from other segments of the energy supply chain can distribution system operators act independently and consumers benefit from greater choice of electricity supply companies, which in turn offer improved services at a fair price.

Interested parties may be granted access to the case file and may submit written observations on the present case. All requests for information should be addressed to the Deputy Director and Legal Counsel at [email protected] or +43 1 535 2222 24 and should make reference to the relevant case number.

September 9, 2017
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TAP receives around 95% of total pipes needed for construction

By Leman Zeynalova:

Approximately 95 percent of the total 55,000 pipes to be used for the construction of the Trans Adriatic Pipeline (TAP) have been received in Greece, Albania and Italy, said the message from TAP AG.

The last shipment of offshore line pipes has been offloaded in Brindisi, Italy, between 3 and 6 September 2017.

TAP’s contractors have cleared approximately 70 percent of the project route in Greece and Albania (539km out of 765km). Also, over 45 percent of welded steel pipes are already in the ground (backfilled).

“We are pleased that TAP continues to progress on time and on budget. We therefore remain on track to deliver the first Shah Deniz II gas in 2020, bringing a much-needed new source of energy into the European energy network,” said TAP Managing Director Luca Schieppati.

“I want to underline that our project is built with the utmost care for the environment. Our teams are working very carefully along our route to ensure that the land on which construction has been completed is returned to the owners or users in its original condition or better. We are also collaborating with local authorities and local stakeholders to ensure that the benefits of our project are tangible across all those communities crossed by the pipeline,” Schieppati added.

Nearly 2,500 tie-ins have been completed as part of the implementation of TAP project in Greece and Albania, TAP AG consortium said in a message on its Twitter page.

“This is the construction step where 2 pipe strings (~1km) are welded together inside the trench,” said the message.

TAP is a part of the Southern Gas Corridor, which is one of the priority energy projects for the European Union. The project envisages transportation of gas from Azerbaijan’s Shah Deniz Stage 2 to the EU countries.

The pipeline will connect to the Trans Anatolian Natural Gas Pipeline (TANAP) on the Turkish-Greek border, run through Greece, Albania and the Adriatic Sea, before coming ashore in Italy’s south.

TAP will be 878 kilometers in length (Greece 550 kilometers, Albania 215 kilometers, Adriatic Sea 105 kilometers, and Italy 8 kilometers).

TAP’s shareholding is comprised of BP (20 percent), SOCAR (20 percent), Snam S.p.A. (20 percent), Fluxys (19 percent), Enagás (16 percent) and Axpo (5 percent).

Source : Trend