Households in Kosovo*, Serbia have cheapest electricity in Europe
Kosovo* has the lowest gross tariffs for power for households and only Malta has a smaller share of taxes and levies for electricity in whole Europe. Turkey reported the biggest jump in power prices for the second half of 2019 in the continent on an annual basis. The regular semiannual statistical report has shown retail […]
ELES preparing auction to buy power for covering losses through 2023
ELES is receiving suppliers’ applications for baseload products of 10 MW for next year and 11 MW for both 2022 and 2023 to cover losses in electricity. Slovenia’s transmission system operator or TSO said interested parties can submit auction documents by June 3. ELES doo issued a public call for an auction to buy energy […]
Region gets EU support to wrap up just transition plans
The European Commission has approved all requests made by 18 member states including Bulgaria, Croatia, Cyprus, Greece, and Romania, for support in the preparation of their territorial just transition plans, which each country will have to draw up to get access to funding from the Just Transition Mechanism. The Just Transition Mechanism is part of […]
Top 3 CO2 emitters for 2019 in Bulgaria, Croatia, Greece, Cyprus, Romania, Slovenia
Lignite power plants are occupying the most positions on the 2019 list of the top three CO2 emitters in the EU member states in the region. The facilities hold 10 out of 18 positions in total in Bulgaria, Croatia, Greece, Cyprus, Romania, and Slovenia. After coal-fired power plants, the second-largest group of emitters are cement […]
Goverments in region to incentivize investments in renewables – PwC study on COVID-19
Governments in the region need to incentivize investments in renewables and reiterate the focus on sustainability, says PwC Croatia in a study called Impact of COVID-19 and Economic Downturn on South East Europe Power and Utility Sector. According to the document, the power and utility (P&U) sector is facing disruption across the value chain. However, […]
Kosovo’s* KEK gets new acting chief executive officer – Luigj Imeri
Luigj Imeri is the new acting chief executive officer of Kosovo’s* power utility KEK, local media reported. The Interim Board of Directors of Kosovo’s* power utility KEK has appointed Imeri at an extraordinary meeting in a unanimous vote. Before his appointment, Imeri was the executive director of TPP Kosovo B, a position he held from […]
Delaying coal phaseout would be expensive for Bulgaria, Romania and Greece
The drop in market prices of power amid the coronavirus crisis opens the way for a less costly closure of thermal power plants that burn lignite. Postponing the coal phaseout in Balkan states would magnify expenses, according to a study released by the Southeast Europe Energy Transition Network. The COVID-19 pandemic sent market prices of […]
Low costs boost demand for renewables during coronavirus crisis
Green energy has been the most resilient to the effects of lockdowns worldwide, said Dave Turk, Acting Deputy Executive Director of the International Energy Agency. The demand for renewables is seen growing 1% this year, while the coronavirus impact may push the level in the overall energy sector as much as 6% lower, according to the […]