Naida Hausmann
Lead of the Renewable Energy Task Force, Senior Renewable Energy Expert,
Energy Community Secretariat
The Energy Community Contracting Parties are undergoing a major energy transition as they aspire to join the European Union (EU) and its structures.
The Energy Community Contracting parties (Albania, Bosnia and Herzegovina, Georgia, Kosovo*, Moldova, Montenegro, North Macedonia, Serbia and Ukraine) face shared challenges in modernising energy systems and reducing fossil fuel dependence.
With abundant solar, wind, hydro and biomass resources, they have the potential to lead the renewable energy shift in Europe. This requires stable regulations, market integration and investment incentives.
EU energy market integration
The alignment of national energy legislation with EU energy laws offers the Contracting Parties a unique opportunity to join the EU energy market ahead of their formal accession. The Energy Community Treaty provides a crucial foundation for integrating these markets with the EU.
Accelerating integration with the EU’s internal energy market will enable more efficient electricity trading, optimise renewable energy use across borders and foster competitive pricing through increased market liquidity. Market coupling will also improve supply stability and attract much-needed investments in renewables.
Market coupling will also improve
supply stability and attract much-
needed investments in renewables.
Renewable energy expansion
To support this transition, the Energy Community Secretariat has recently implemented projects to facilitate the use of Power Purchase Agreements (PPAs) and Guarantees of Origin (GOs). These instruments can further accelerate renewable energy deployment by providing long-term price stability, reducing investment risks and enhancing transparency. PPAs make renewable projects more bankable while GOs certify the origin of green electricity, increasing market confidence.
By leveraging these tools, our Contracting Parties can attract private capital, expand cross-border electricity trade and support corporate renewable procurement, driving faster market integration and clean energy growth. With 2030 targets and National Energy and Climate Plans (NECPs) in place, they have a clear roadmap for scaling up clean energy investment.
Investment opportunities
For investors eyeing growth opportunities, our region offers a promising landscape brimming with early-market advantages, strategic positioning and a commitment to sustainable development. The Energy Community Secretariat is thrilled to be part of this journey, supporting our Contracting Parties as they chart a course toward a resilient renewable energy market and more sustainable future.
*This designation is without prejudice to positions on status and is in line with UNSCR 1244 and the ICJ Opinion on the Kosovo Declaration of Independence.
