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We are in Western Balkans

Stay poised for a historic market shift and capitalise on high-potential opportunities in the unsaturated Western Balkans energy market. Navigate upcoming auctions and renewable deployments with Aurora’s detailed market analyses and strategic insights.

Empowering Strategic Decisions in the Western Balkans Energy Market

What is essential to know about the Western Balkans energy market?

The Western Balkans—Albania, Bosnia & Herzegovina, Kosovo, Montenegro, North Macedonia—are rapidly transitioning towards renewables with EU-backed energy reforms. Despite a history of coal and hydropower dominance, ambitious targets aim to nearly double renewable capacity by 2030. While state-owned companies still lead, upcoming renewable auctions, Feed-in-Premium (FiP) schemes, and Contracts for Difference (CfDs) are set to attract foreign investors and diversify the market.

Aurora Energy Research delivers essential insights for investment funds, banks, and developers looking to navigate this evolving landscape. Our Power and Renewables Market Forecast service includes regulatory and market development updates, renewable capacity growth forecasts, price trends, and scenario-based analysis, helping you stay informed and proactive in this high-growth region.

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Foteini Kakavia

Commercial Associate

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