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Europe stands at a pivotal moment in industrial history. Decarbonization, electrification, battery expansion, defense modernization, and supply-chain restructuring are transforming the continent’s economic landscape. Yet one uncomfortable truth has emerged: without secure access to critical raw materials, Europe’s ambitions for climate neutrality, technological leadership, and industrial sovereignty are at risk. Decades of underinvestment in mining,...

Europe is at a critical industrial crossroads. As the continent accelerates its transition to clean energy, electrified transport, renewable grids, advanced manufacturing, and digital infrastructure, demand for critical raw materials (CRM) like copper, lithium, nickel, cobalt, rare earths, magnesium, graphite, aluminum, bauxite, manganese, and industrial minerals is soaring. These materials are essential for EV batteries,...

Southeast Europe—including Serbia, Bosnia & Herzegovina, Montenegro, North Macedonia, Albania, Bulgaria, Romania, and neighboring mineral corridors—is rapidly emerging as a strategic hub for Europe’s energy transition. The region hosts globally significant copper–gold porphyries, polymetallic belts, chromite and nickel laterites, lithium basins, rare-earth anomalies, and extensive industrial-mineral deposits. Yet investment has lagged behind its potential. The...

By 2035, Serbia will be a profoundly different energy and economic system than the one it operates today. The country stands at the threshold of a rare structural transformation—one that touches electricity, industry, manufacturing, transport, construction, finance and regional trade. If Serbia fully commits to its renewable trajectory, the nation will not merely decarbonize its...

Serbia’s renewable-energy sector is expanding at a pace the country has never experienced before. Wind farms, solar parks, hybrid plants, substations, transmission corridors, battery systems and industrial PPAs are all driving a surge in investment that will transform the energy landscape over the next decade. But beneath the visible momentum lies the most critical constraint—and...

The future of Serbia’s renewable-energy sector will not be decided by auctions, PPA structures, investor appetite or available land. These elements shape the market, but they do not define its limits. The true bottleneck—and the ultimate enabler—of Serbia’s energy transition is the transmission grid. Every planned wind farm, solar park, battery system, hybrid plant or...

As Serbia accelerates its renewable-energy transition, a deeper strategic question has begun to emerge: can the country evolve from being merely a construction market for wind and solar plants into a manufacturing and supply-chain hub for Europe’s renewable ecosystem? The answer carries enormous implications for Serbia’s industrial competitiveness, export potential, workforce development and long-term economic...

As Serbia accelerates the growth of its renewable-energy sector, an uncomfortable truth is becoming visible: wind and solar alone cannot deliver a stable, reliable and flexible power system. The grid absorbs what it can, but its structural limitations are becoming clearer with each new project. Transmission corridors in Banat saturate during peak winds. Distribution networks...

In Serbia’s expanding renewable-energy sector, the relationship between engineering and finance is becoming clearer than ever. The two were once treated as separate worlds—the engineers focused on foundations, cables, substations and turbines, while financiers focused on debt structures, IRR curves, PPA prices and repayment schedules. But the maturing market has erased this separation. In a...

For decades, Serbian industry operated in an electricity environment defined by state utilities, regulated tariffs and predictable—if sometimes volatile—market conditions. Manufacturers, logistics companies, metal processors, chemical plants, IT parks and agribusiness operators all relied on a stable supply of relatively affordable power. The structure was simple: EPS generated the energy, EMS moved it across the...

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