Romania’s Hidroelectrica struck by worst hydrology so far
Hidroelectrica is expecting record-low output this year amid a severe drought, but also to achieve EUR 590 million in annual profit
Maćić: Exempting Serbia from CBAM for electricity would mean disastrously fast decarbonization; carbon tax will also block market coupling with EU
The European Commission has acknowledged that problems with applying CBAM to electricity exist, but has not yet offered solutions, says Ljubo Maćić, special advisor at Serbia’s Economics Institute
Earth would become 2.8 degrees warmer by 2100 without additional measures
UNEP warned that global temperatures are projected to rise between 2.3 and 2.8 degrees by the end of the century
Cement maker Holcim gets EU grant for carbon capture project in Romania
Holcim's carbon capture project is among 61 that will receive financing from the EU's Innovation Fund to support decarbonization
EU waters down its 2040 climate target in runup to COP30 in Brazil
The EU upheld its proposed 90% emissions cut target for 2040 ahead of COP30 in Brazil, but with substantial workaround possibilities
Desulfurization project at Kakanj thermal power plant to cut emissions by almost 100%
Bosnia and Herzegovina’s state power utility, Elektroprivreda BiH, is carrying out a desulfurization project at units 6 and 7 of the Kakanj thermal power plant.
Bulgaria’s coal regions to get further EUR 808 million for just transition
Total investments in the just transition of the Stara Zagora, Kyustendil, and Pernik coal regions and ten municipalities will reach EUR 1.38 billion
EU allows Romania to delay shutdown of coal plants until end-2029
Amid delays in gas power projects, the European Commission approved Romania's request to push back the closure of several coal-fired systems