CROPEX gets record price for guarantees of origin – EUR 1.52
Croatian power exchange CROPEX has sold the entire amount of 320,232 guarantees of origin (GOs) from wind and biomass plants that are privileged power producers and receive incentives. The auctions saw the highest price for guarantees this year – EUR 1.52, for guarantees from biomass. At the last auctions, in May, CROPEX sold 356,253 guarantees […]
Western Balkans could attract EUR 2.5 billion in investments to boost energy efficiency
The Western Balkan countries are slow in using their potential in energy efficiency improvement, despite the fact that energy-saving measures could lead to additional investments worth EUR 2.5 billion and lower energy consumption in buildings by 40%, according to the Energy Transition Tracker. The slow pace translates to energy productivity in the range of 20% […]
Renewables share in WB6 is still only at around 6% of installed electricity generation capacity
Western Balkans contracting parties failed to utilize the decline in the price of renewable energy technologies and increase the use of green energy, but auctions held in Albania, Montenegro, and North Macedonia are sending some encouraging signals, according to the Energy Transition Tracker. The missed opportunity could be illustrated by the fact that the cost […]
Ten units of Western Balkan thermal power plants must be shut down by 2023
Ten units of coal-fired power plants in total will be shut down by the end of 2023 in BiH, Montenegro and Serbia, according to the Energy Transition Tracker
Reducing use of coal to get cleaner air in Sarajevo
Authorities in Sarajevo plan to limit the use of coal in order to start solving the decades-old problem of polluted air. Air pollution is directly responsible for one of five premature deaths in the city. Due to air pollution, the capital of Bosnia and Herzegovina is often among the 50 most polluted cities in the […]
Terna Energy sells Mountain Air wind farm in US
Greece’s Terna Energy has sold the 138 MW Mountain Air wind farm in Idaho in the United States to Innergex Renewable Energy Inc. for USD 215 million. According to the Greek energy company, the operating profit of the project amounted to USD 17.6 million in 2019. The sale is expected to generate a profit of […]
Albania selects shareholders of company for setting up power exchange
Albania has selected the shareholders of a company which will operate the Albanian power exchange (APEX). The firm will start operation in Q1 2021, according to the Energy Transition Tracker. The Energy Community Secretariat has launched a tracker to monitor the energy transition process in the Western Balkans. The first edition of the tracker brings […]
Energy Community Secretariat launches Energy Transition Tracker for Western Balkans
The Energy Community Secretariat has launched today the Energy Transition Tracker in a move which marks the start of monitoring the energy transition process in the Western Balkans. The first report presents the current situation in Albania, BiH, Kosovo*, Montenegro, North Macedonia, and Serbia regarding emissions, energy market, renewables, energy efficiency and national energy and […]
