CBAM arbitrage: Why power traders are moving into Western Balkan electricity markets
The introduction of the European Union’s Carbon Border Adjustment Mechanism (CBAM) has begun to transform the competitive landscape of electricity
traders
Traders as systemic players
In an integrated energy system, traders are no longer peripheral actors arbitraging price differences at the margin. They have become
Coal production, trading dynamics, trader strategies, logistics, quality and future projections in SEE
Coal production in South-East Europe remains a defining component of the region’s energy system. Unlike international hard-coal markets, SEE coal
A trader’s guide to interpreting SEE spreads operationally: The real mechanics behind price divergence
Understanding South-East European electricity spreads requires abandoning the classical frameworks used in Western Europe and adopting a system-behavioural perspective. SEE