Renewables

Balkans mostly lag behind 2022 global renewables growth but solar power picks up pace

Balkans-lag-2022-global-renewables-growth-solar-power-picks-up-pace

Photo: iStock

Published

March 22, 2023

Country

,

Comments

0

Share

Published:

March 22, 2023

Country:

,

Comments:

0

Share

The world added a record 295 GW of renewable electricity capacity last year, increasing the stock by 9.6%, IRENA said. Photovoltaics, which accounted for almost two thirds, were also dominant in new installations in Southeastern Europe and rapidly accelerating. Green energy expansion in most countries in the region was slower than the global pace, but Bulgaria and Cyprus achieved stunning growth.

Renewables accounted for 40% of global installed power capacity at the end of last year. They must become the most significant factor, including in the context of grid flexibility and adaptation to variable power, according to the International Renewable Energy Agency.

In its Renewable Capacity Statistics 2023, the organization announced that the world added a record 295 GW, or 9.6% in 2022, reaching 3.37 TW. The share of green energy in total new power plant additions reached an unprecedented 87%.

But to stay on the pathway to limit the rise in global temperature to 1.5 degrees Celsius from preindustrial levels, the world needs to see more than 1 TW of annual renewable capacity additions until 2050, with solar power making up more than half, according to IRENA’s Director-General Francesco La Camera. A revised reading showed growth in 2021 was 9.4%.

China contributes almost half of growth in global renewables

Asia accounted for 59% of all new capacity in 2022, whereas China accounted for 141 GW. Renewables in Europe and North America grew by 57.3 GW and 29.1 GW, respectively.

Solar power made up almost two thirds of all new installations

Solar power alone accounted for a record 192 GW or almost two thirds of the total. Growth in the sector came in at 22% to 1.05 GW. There was 75 GW of wind energy added or 9%, compared to 93 GW from 2021 and 111 GW from 2020. The capacity reached 899 GW.

Hydropower remained the largest segment of the market, rising 2.2% to 1.39 TW. The figures include pumped storage. Total geothermal energy increased by just 1.2% to 14.9 GW. Kenya accounted for almost half of the net additions, 86 MW, followed by Indonesia (57 MW) and the United States (56 MW).

Turkey slows expansion

Turkey dwarfs the rest of Southeastern Europe with its renewable electricity capacity. The country was also regularly on global top lists in growth terms, but last year it saw a slowdown. Total renewables expanded 5.2% to 56 GW. Nevertheless, the nominal rise, 2.77 GW, is still impressive.

As with the rest of the region, solar power was the bright spot, adding 20.6% to hit 9.4 GW. Wind power in Turkey increased by 7.4% to 11.4 GW. The bioenergy item added a strong 16.8% to land at 1.9 GW, but geothermal energy, in which the country is fourth in the world, expanded by a meager 0.9% to 1.69 GW.

Greece achieved a 12.1% growth in total in the renewables sector, to 14 GW. Solar power capacity spiked 29.9% to 5.6 GW, compared with 4.9% for wind, to 4.9 GW.

Irena renewables Balkans Southeastern Europe

Photovoltaics account for virtually entire increase in capacity in most Balkan countries

Bulgaria emerged as a significant player in the Balkans as its overall renewable electricity capacity surged 14.8% to 5.2 GW. IRENA attributed the entire growth to solar power. The sector expanded by a whopping 52.8% to 1.95 GW.

Cyprus posted an even more stunning increase, 30.9%, than in the previous year, when it achieved 21.3%. Total capacity reached 635 MW. Again, photovoltaics amounted for the entire rise, expanding 47.3% to 464 MW.

The only other market tracked by Balkan Green Energy News that beat the global growth rate was Slovenia, with 10.2% to 1.88 GW. Solar power accounted for virtually all additions, as the capacity advanced 37.1% to 632 MW.

The remaining countries of Southeastern Europe had weak or zero overall growth, while the board also showed some negative revisions against the figures from the previous reports. Romania inched higher to an otherwise strong 11.14 GW, of which solar power accounted for 1.41 GW against 3 GW in wind energy.

Photovoltaics were the only vibrant segment for the rest, though total solar power capacities remain modest. Montenegro saw a rise of 19 MW to 26 MW and Serbia added 85 MW to hit 137 MW. Bosnia and Herzegovina almost doubled its capacity to 107 MW and Croatia grew to 182 MW last year from 138 MW. Kosovo* was left unchanged at 10 MW.

Total renewable electricity capacity in North Macedonia was revised downward by 132 MW for 2021 to 831 MW and left unchanged in the new report

The photovoltaic capacity in Albania increased by just 6 MW to 29 MW. In IRENA’s statistics, North Macedonia had no growth in total renewables, remaining at 831 MW. The organization even downgraded the overall size, as last year it said the country had 963 MW in renewables in 2021, but now the figure for hydropower was revised. The new report showed solar power flat at 94 MW, the same as in the previous edition, despite the commissioning of significant solar power capacity.

Most Balkan countries have a share of renewable electricity plants higher than the world’s 40%, the report revealed. Albania and Montenegro are ranked the highest, with 96.3% and 78.9%, respectively, followed by Croatia’s 72.4%. Serbia (35.1%) and Kosovo* (16.7%) are the only ones below the line.

* This designation is without prejudice to positions on status and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.
Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Municipality Chalandri Athens solar energy community citizens

Municipality in Athens to launch solar energy community with citizens

22 April 2024 - The local authority in Chalandri called on citizens to join its energy community by investing EUR 2,000 to EUR 3,500 in a solar power unit

croatia batteries energy storage damir habijan

Croatia to earmark EUR 500 million for batteries

22 April 2024 - The Government of Croatia is preparing EUR 500 million for the installation of batteries for storing renewable energy

Global utilities scale renewables capacity 2 5 times 2030

Global utilities vow to scale renewables capacity by 2.5 times by 2030

22 April 2024 - Utilities in UNEZA are accelerating grid investment. Member utilities vowed to lift their renewables capacity by 2.5 times to 749 GW by 2030.

Record low power prices and curtailments threaten renewable investments in Greece, Spain

Curtailments, record-low power prices threaten renewables investments in Greece, Spain

20 April 2024 - Renewable energy developers have underestimated the effects of curtailments and low wholesale prices