Two quarters later: CBAM and the Western Balkan electricity trade

Árpád Párducz

Strategic Analyst, Southern Europe Expert

The Carbon Border Adjustment Mechanism (CBAM) entered its definitive regime on January 1, 2026. Early regional assessments focused on its long-term structural risks for the Western Balkan electricity markets, but the commercial and operational realities of the past six months have shifted the debate from theoretical compliance to immediate market impacts.