Climate Change
Serbia’s NECP on public review until September 5
19 August 2022 - Serbia is mulling the option for its NECP to start adding small modular reactors in 2032. The emissions reduction is seen at 34.2% to 44.4% by 2030.
Heatwaves, drought hit Europe in world’s third warmest July ever
10 August 2022 - Prolonged and intense heatwaves affected parts of Europe during July and are continuing in August
Norway to impose power export controls
09 August 2022 - Norway is preparing a framework for limiting electricity exports at times when the levels of water in hydropower accumulations are low
US chooses to step up climate action with landmark bill
09 August 2022 - The US Senate has approved a bill that allocates USD 369 billion for combating climate change
EU power, gas prices smashing records amid drought, EdF’s nuclear plant setback
03 August 2022 - Low water levels in major rivers disturb the operation of nuclear power plants and the transportation of coal
First green bonds issued in Croatia
02 August 2022 - The strategic partners in the green bond issue are Erste&Steiermärkische Bank and the European Bank for Reconstruction and Development
Drought to cost Montenegro’s EPCG utility EUR 100 million in third quarter
01 August 2022 - State-owned power producer EPCG said it would have to import 294 GWh of electricity in the three months through September due to drought
Decarbonizing one steel plant with hydrogen requires up to EUR 7 billion in investment
29 July 2022 - Hydrogen Europe conducted an analysis of the viability of using solar and renewable energy to decarbonize steel manufacturing
Ember: EU must install renewables two times faster by 2026 to meet climate targets
28 July 2022 - The EU will need double solar and wind additions by 2026 to deliver on the goal to hold global warming at a maximum 1.5 degrees
Serbia to target emissions cut of 40.3% by 2030 in upcoming NECP
27 July 2022 - Serbia presented the preliminary goals for its integrated national energy and climate plan as it is about to start a public debate
Pope Francis: All must act decisively on climate change for we are reaching breaking point
22 July 2022 - Pope Francis called on the world's nations to work together for the effective implementation of the Paris Agreement
Climate change impacting wine, olive production in drought-stricken Italy
20 July 2022 - The Italian way of life is under threat, especially in the valley of the river Po, which turned into a creek due to the ongoing drought
Bulgarian cement plant gets EU grant for innovative carbon capture, storage project
18 July 2022 - Devnya Cement got a EUR 190 million grant from the EU for the first full-chain carbon capture and storage project in the Balkans
Energy Transition Tracker: Energy Community’s coal power output drops 11% in 2021
08 July 2022 - Coal power production in all nine Energy Community contracting parties has been reduced by 13% to a five-year low last year
Natural gas, nuclear energy remain part of EU taxonomy – NGOs to file lawsuit
06 July 2022 - The European Parliament rejected the motion to exclude investments in natural gas and nuclear energy from the sustainable finance taxonomy
Spanish city of Seville begins to name, classify heatwaves
30 June 2022 - The time has come to start giving names to heatwaves – like hurricanes – as damage from some of the extreme weather will be historic.