Alcazar Energy secures $490 M for renewables in Western Balkans
May 24, 2024
Time ticks down on electricity market coupling and CBAM exemptions
In The News
PA recent update to the Energy Community’s CBAM‑Readiness Tracker has revealed that none of the Western Balkan economies have yet completed the six essential steps for electricity market coupling with the EU. These include functionality like single day-ahead and intraday markets, MRV compatibility, and the necessary governance structures.
Serbia, the regional frontrunner, has successfully launched its day-ahead and intraday markets and is preparing to connect with neighbouring Croatia and Bulgaria. Montenegro follows, eyeing an interconnector with Italy. But Bosnia & Herzegovina, Kosovo, Albania, and North Macedonia remain behind the curve.
With December 31, 2025 set as the deadline to complete coupling, failure means forfeiting CBAM exemption for electricity by January 1, 2026—a blow that could saddle Serbia with roughly €1.07 billion in extra carbon costs, and its neighbours with a combined €797 million for just 2023 export volumes .
In The News
In The News
Western Balkans miss CBAM exemption deadlines again
December 23, 2024
In The News
EDFI launches €12 M carbon sinks scheme
October 31, 2024
In The News
Western Balkans must invest $37 B to shield against climate hazards
July 17, 2024
In The News
A shared regional strategy for carbon pricing
December 12, 2024
In The News
Countdown to 2026 brings CBAM into sharp focus
May 14, 2025
In The News
Serbia charts a path for domestic carbon pricing
June 19, 2025
In The News
Renewable Energy in the Western Balkans Faces Unlikely Threat from CBAM
June 13, 2025
In The News
Time ticks down on electricity market coupling and CBAM exemptions
April 25, 2025
Press Release
The Western Balkans Carbon Initiative (WBCI) officially launches
May 13, 2024
In The News
EU and KfW Sign Agreement to Boost Renewable Energy in Western Balkans and Eastern Neighbourhood
June 28, 2024