1,700 MW of renewables could be connected to grid in BiH
The Independent System Operator in Bosnia and Herzegovina (NOSBiH) has proposed an increase in the maximum capacity of wind farms and solar power plants that could be connected to the BiH power system. It should be lifted from 460 MW to 840 MW for wind farms and from 400 MW to 825 MW for solar […]
Energy companies in Montenegro to invest EUR 734 million by 2024, EUR 1 billion in total
Energy companies in Montenegro plan to invest more than EUR 1 billion, of which EUR 734.6 million in the next four years, according to the third socio-economic package, adopted by the government to mitigate the coronavirus pandemic effects. The largest part of these investments will be implemented by state-owned companies Elektroprivreda Crne Gore (EPCG), Crnogorski […]
CROPEX gets record price for guarantees of origin – EUR 1.52
Croatian power exchange CROPEX has sold the entire amount of 320,232 guarantees of origin (GOs) from wind and biomass plants that are privileged power producers and receive incentives. The auctions saw the highest price for guarantees this year – EUR 1.52, for guarantees from biomass. At the last auctions, in May, CROPEX sold 356,253 guarantees […]
Renewables share in WB6 is still only at around 6% of installed electricity generation capacity
Western Balkans contracting parties failed to utilize the decline in the price of renewable energy technologies and increase the use of green energy, but auctions held in Albania, Montenegro, and North Macedonia are sending some encouraging signals, according to the Energy Transition Tracker. The missed opportunity could be illustrated by the fact that the cost […]
Ten units of Western Balkan thermal power plants must be shut down by 2023
Ten units of coal-fired power plants in total will be shut down by the end of 2023 in BiH, Montenegro and Serbia, according to the Energy Transition Tracker
Albania selects shareholders of company for setting up power exchange
Albania has selected the shareholders of a company which will operate the Albanian power exchange (APEX). The firm will start operation in Q1 2021, according to the Energy Transition Tracker. The Energy Community Secretariat has launched a tracker to monitor the energy transition process in the Western Balkans. The first edition of the tracker brings […]
Energy Community Secretariat launches Energy Transition Tracker for Western Balkans
The Energy Community Secretariat has launched today the Energy Transition Tracker in a move which marks the start of monitoring the energy transition process in the Western Balkans. The first report presents the current situation in Albania, BiH, Kosovo*, Montenegro, North Macedonia, and Serbia regarding emissions, energy market, renewables, energy efficiency and national energy and […]
Fool’s Gold: Financial institutions waste billions on coal, undermining climate action
European financial institutions and international investors and banks including BlackRock and Japanese megabanks are keeping Europe’s terminally declining coal industry on life support, handing companies EUR 12 billion in investment, and EUR 9.8 billion in loans and underwriting in less than 1.5 years, according to a new report by Europe Beyond Coal and partners. Such […]