Air pollution sharply falls worldwide on COVID-19 lockdowns
Concentrations of nitrogen oxides have gone down by as much as one half in some industrial centers since the onset of the pandemic. Air pollution is plummetting as governments are shutting down traffic and manufacturing activities to slow the spread of COVID-19 and as people stay at home. Satellite data compiled by the European Space […]
GEN-I cuts Slovenian power prices 15% for three months amid pandemic
Energy trader and supplier GEN-I lowered its electricity tariffs for low voltage in Slovenia, adding to the government’s support measures due to the coronavirus pandemic. Households and small businesses buying power from GEN-I doo are getting a 15% discount in the company’s home market. Slovenian customers in the category will be paying almost 30% less […]
Earth Hour 2020 – Turn lights off for our planet on March 28 at 20:30
The annual Earth Hour event is on Saturday evening but without any gatherings due to the coronavirus outbreak. Earth Hour 2020 will be held on March 28 at 20:30 with a message to decision makers to put nature first. Like every year since 2007, lights are about to be turned off for Earth Hour at […]
Electricity, carbon prices plummet as coronavirus wounds EU economy
Market participants pushed prices of electricity and emission certificates lower at the main exchanges in Europe while widespread shutdowns caused a decline in carbon and other greenhouse gases released by the industry because of restrictions aimed at slowing the spread of the coronavirus. Statistical data show a global recession is close as the pandemic crippled […]
Kragujevac-Kraljevo transmission line contract signed; works to start in one month
Kodar, Elektromontaža and Elnos BL will connect Kragujevac and Kraljevo with an overhead transmission link. EMS picked the consortium for the EUR 13.5 million project, while with substation upgrades the section of the Trans-Balkan Electricity Corridor is worth EUR 29.6 million. Elektromreža Srbije jsc – EMS signed a deal with a consortium on the construction […]
Birol: COVID-19 shock shows renewables’ importance for power balance
Fatih Birol, head of the International Energy Agency, said the lockdowns due to the coronavirus outbreak are a stress test for power grids and the entire system. In his view, the disruptions amid the COVID-19 pandemic point to the future role of renewables in balancing. Electrical energy is crucial for modern society, the International Energy […]
CROPEX: First guarantees of origin for power from biomass sold for EUR 1.11 apiece
The Croatian electricity market started bimonthly auctions. CROPEX divided the sales of guarantees of origin for electricity from wind power plants into two categories and added biomass units. The Croatian Power Exchange has said all 296,348 guarantees of origin were sold at the latest auctions, in which biomass power plants were introduced. It was also […]
Slovenia exempts households, small firms from green power surcharge for three months
Slovenia temporarily freed small business customers and households from the obligation to pay for the support to producers of power from renewable sources and high-efficiency cogeneration. Additionally, the network charge has been significantly lowered, also as a response to the outbreak of COVID-19. As part of the emergency measures to mitigate the impact of the […]