IPTO completes Crete-Peloponnese power link – Crete to burn less oil to produce electricity
This first interconnection between Crete and the mainland will cover a third of the island’s energy needs, substituting aged local power plants.
EPBiH agrees to restructure troubled coal mines, cut jobs
Government-owned utility EPBiH said it would reduce the number of employees in its seven coal mines to get the subsidiaries on a firm footing
Corporate renewable PPAs heading toward another record year
So far in 2021, producers and consumers of green energy signed contracts for 2.9 GW, compared to 4 GW for the entire last year.
Republic of Srpska, Serbia start construction of HPP Buk Bijela
The planned capacity of the hydropower plant in the municipality of Foča is 93 MW while the expected annual production is 332 GWh.
Greece to subsidize battery storage with EUR 200 million next year
A tender for battery storage units will be held in Greece in the first quarter and the government earmarked EUR 200 million for subsidies
EPBiH would have to pay EUR 200 million per year for CO2 emissions
The amount exceeds the total cost of coal power production and it would make the activity unprofitable.
Nuclear energy to still be main source of electricity in Bulgaria in 2030 – GlobalData
The Bulgarian government is collaborating with the US and Russia in the development of new nuclear power plants.
Slovenia’s coal power plant TEŠ to generate EUR 870 million loss by 2030
The closure of Šoštanj power plant could be inevitable even before 2033, currently the most optimistic scenario for Slovenia’s coal phaseout.