Bosnia and Herzegovina and Montenegro ask to postpone CBAM launch

Bosnia and Herzegovina (BiH) and Montenegro have asked the Energy Community Ministerial Council to postpone the implementation of the cross-border carbon adjustment mechanism (CBAM), scheduled for January 1, 2026. The introduction of this tax will complicate the export of electricity to the European Union, as the countries of the region have not yet fulfilled all the necessary requirements for obtaining exemptions.

The CBAM will affect companies in Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, Kosovo and Serbia. In the absence of exemptions, exporters from these countries will have to pay additional fees when trading with the EU.

The Minister of Foreign Trade and Economic Relations of Bosnia and Herzegovina, Stasa Košarac, said that the country has prepared a harmonized law on electricity to implement the EU’s Third Energy Package. He noted that the country is making progress thanks to the cooperation between the energy ministries of Republika Srpska and the Federation of BiH.

Montenegro, for its part, is also calling for the CBAM to be postponed until the completion of its electricity market integration with the EU, which is expected in the fourth quarter of 2026. Minister of Energy Sasha Mujovic emphasized that the country continues to implement measures within the EU energy package. According to him, postponing the CBAM would allow Montenegro to avoid financial losses of €350 million per year and ensure the profitable operation of the Pleva coal-fired power plant.

However, Artur Lorkowski, Director of the Energy Community Secretariat, noted that the CBAM is not part of the Community legislation, so the European Commission must respond to the requests of BiH and Montenegro.

Earlier, the European Commission indicated that it would explore options to help European industries affected by the CBAM, in particular the steel sector. This will be done as part of the review of the mechanism to be held next year.

  • Companies

POSCO establishes a research center in Australia

South Korean company POSCO Holdings is strengthening its strategy to produce environmentally friendly steel and…

Sunday June 8, 2025
  • Technologies

BHP opens industry’s first AI hub in Singapore for digital transformation

Global mining company BHP has announced the opening of its first artificial intelligence (AI) center…

Saturday June 7, 2025
  • Industry

The Dutch fleet is replenished with the Den Helder ship made of Metinvest steel

До складу Королівського флоту Нідерландів увійшов новий корабель бойового забезпечення HNLMS Den Helder. Він щойно…

Saturday June 7, 2025
  • Industry

Ukraine reduced rolled steel production by 11.8% y/y in May

In May 2025, Ukrainian steel enterprises reduced production of commercial rolled steel by 4% compared…

Friday June 6, 2025
  • Global Market

World scrap prices continue to stagnate in early June

At the beginning of June 2025, the global scrap market demonstrates overwhelming price stability after…

Friday June 6, 2025
  • Companies

Rio Tinto and Baowu officially open Western Rang mine

The Australian-British mining group Rio Tinto has announced the official opening of its new Western…

Friday June 6, 2025