North Macedonia’s ESM to introduce carbon pricing for its power plants by end of 2021
Energy Community Secretariat has invited all power producers to implement internal carbon pricing, but so far only ESM answered positively.
Hitachi ABB Power Grids, KOSTT sign EUR 4.7 million contract to build new substation
ABB Power Grids Zagreb and and Kosovo’s* TSO have signed a contract for the construction of substation Ferizaj 3.
North Macedonia securing gas, electricity supply amid coal phaseout
The country has signed three memoranda with Greece on the future LNG terminal near Alexandroupolis and the adjacent gas-fired power plant.
TPP Pljevlja uses its 20,000 hours production limit – European Environment Agency
The EEA has officially confirmed that the power plant, part of utility EPCG, consumed its limit for production at the end of 2020.
EPS director: Serbia won’t cut electricity production from coal despite green energy expansion
Milorad Grćić said power production from coal would remain at the same level while capacities in renewable energy sources would increase
EPBiH mines ended 2020 with total debt of EUR 470 million
The miners from the Kreka brown coal mine in BiH stopped striking but bankruptcy looms if the reorganization plan is not implemented.
Largest power producers lose market share in almost all European countries
Market shares of the largest electricity producers have mostly been decreasing since 2007, according to the latest data by Eurostat.
Renewables are several times more profitable than fossil fuels
Investors in renewable power continue to outpace fossil fuel across the globe, according to the Imperial College and IEA. Total return has been 367% higher over the last ten years. The investment case for green energy is clear and the global renewables portfolio is less correlated to the broader market than the global fossil fuel […]