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Exploring the Western Balkans Power Market

Rapid capacity growth and renewable expansion are transforming the Western Balkans power market. Aurora supports investors and developers with in‑depth analysis and data‑driven projections to navigate risks and investment opportunities across the region.

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Full coverage across 5 Western Balkans power markets

The Western Balkans power system is expected to expand its combined installed capacity by around 20 GW by 2040 and by up to 35 GW by 2060 compared to today’s levels, unlocking tens of billions of euros in investment. Renewable technologies are projected to account for nearly 65% of this growth, while battery energy storage, interconnectors, and H2 Combined‑Cycle Gas Turbine (CCGT) make up the remaining capacity additions.

 

Access Aurora’s bi‑annual market report updates covering Albania, Bosnia and Herzegovina, Kosovo, Montenegro, and North Macedonia, designed to assess evolving business models. Our forecasts are supported by interactive workshops and ongoing engagement with our energy market experts.

 

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Tailored to your organisation’s needs, our advisory services offer strategic clarity in a fast-changing energy landscape. From investment appraisals to policy impact analysis, we deliver actionable insights grounded in deep market expertise and robust modelling.

Transaction and financing guidance

Transaction and financing guidance

Meet the team
Evangelos Gazis

Evangelos Gazis

Head of Southeastern Europe

Marco Tamborski

Marco Tamborski

Sales Manager

Jack Tahesh

Jack Tahesh

Business Development Associate

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Integrated energy intelligence with EOS

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