Earth Day goes digital, individual on 50th anniversary – join on April 22
A range of artistic projects, initiatives in the making and seminars are on the world map for Earth Day. The movement spread to the global scene in 1990 and this time the event is focused on networking and personal contribution. Even if it wasn’t ready for the coronavirus pandemic, humanity must be prepared for the […]
Carbon emissions dip with coronavirus but climate change isn’t going away
Carbon dioxide emissions from fossil fuels are about to fall by a record 5% this year or more as the COVID-19 pandemic almost ground the economy to a halt worldwide. Still, pollution must be lowered sustainably – the rebound after the coronavirus crisis will return greenhouse gases to previous levels, climate change experts warn. Air […]
CE Oltenia suspending 13,000 workers as sales drop amid COVID-19
The government in Bucharest is paying employees on a leave of absence 75% of gross salary for the duration of the state of emergency. CE Oltenia, already strained by carbon emissions costs, introduced a minimum staffing scheme and sent the first of two groups of workers home for 17 workdays. Romania must introduce measures to […]
Contractor picked for biomass heating plant project in Priboj
A group spearheaded by Energotehnika Južna Bačka is due to replace outdated equipment in the town in southwest Serbia as works are scheduled to start in the autumn and last one year. KfW and the Swiss government are financing the switch of district heating systems to biomass in Priboj and five other municipal units. The […]
UPDATE: Albania suspends tendering for setting up power exchange
Albania’s Ministry of Infrastructure and Energy has decided to suspend tendering for companies and financial institutions interested in becoming shareholders of a joint-stock company which would operate the Albanian power exchange (APEX). In March, the ministry published an invitation to bid, with an April 27 deadline to submit applications. The tendering commission suspends the submission of […]
EPCG’s net profit plunges 35.7% in 2019
Montenegrin state power utility Elektroprivreda Crne Gore’s (EPCG) net profit in 2019 dropped 35.7% against 2018, to EUR 28.3 million, according to EPCG’s annual report. In 2018 the company posted a net profit of EUR 44.1 million. Operating revenues stood at EUR 323 million in 2019, an increase of EUR 20 million compared to 2018, […]
Ecosystem services – nature’s contributions to people
In the past decades, and especially after the 2005 Millennium Ecosystem Assessment, the term ecosystem services has been used in public discourse on an international level for any kind of benefit for people stemming from a sustained process in nature (ecosystems). There are four kinds of ecosystem services: nature’s provisions like food, fuel, genetic resources, […]
Romania temporarily prohibits sale of majority stakes in energy companies
Romania will maintain the state of emergency for at least one more month and until it is abolished, no energy firm can be taken over. Hidroelectrica will thus need to wait longer for its acquisition of ČEZ’s subsidiaries in the country. The state of emergency has been extended for a month, to May 14. Just before […]
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