Electricity consumption in Serbia decreases 5% to 7% due to coronavirus

Electricity consumption in Serbia is 5% to 7% lower than in the same period last year, probably because the economy operates with reduced capacity, said Milorad Grčić, acting director of state-owned power utility Elektroprivreda Srbije (EPS). According to Grčić, household consumption does not have a major impact on the increase or decrease of consumption, while […]

Romania caps energy prices including electricity, heat

Romania has limited the prices of electricity, heat, natural gas, water supply, sanitation and fuels due to coronavirus. On March 16, President Klaus Iohannis declared a state of emergency in Romania, which was approved by Parliament three days later. According to the decree, some prices may be capped, including electricity and thermal energy, gas, water […]

European recycling markets reel from coronavirus

Author: Mark Victory, Senior Editor, ICIS Concerns over the long-term impact of the coronavirus outbreak on key European recycling markets sharply escalated last week following the adoption of further containment measures across the continent. Sources are particularly worried about limited volumes entering collection systems, logistic disruptions, potential downstream demand losses in non-packaging sectors, buyers abandoning […]

Wind portfolio in Turkey increased by 687 MW in 2019

In 2019 Turkey added 687 MW of installed capacity in wind power plants, which is an increase of 9.32% from 2018. In percentage, this is the second-worst achievement from 2006, but in terms of installed capacity, only four years have seen better results. According to the Turkish Wind Energy Statistic Report, the overall installed capacity […]

Environmental risks are biggest threat to world economy

Author: Danko Kalkan, Green Finance and Environmental Management Expert Climate change, intensive resource use and other environmental risks are the greatest threat to the global economy. The expansion of epidemics is also the consequence of jeopardizing the environment. The decisions that will be made this year will have a crucial role in the establishment of […]

Features March 31, 2020