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 […]
Carbon prices jump in EU, taking industrial pollution costs to 14-year high
Expenses for greenhouse gas emissions at factories and energy producers briefly surged to a level unseen since 2016. As the EU tightens environmental regulations and polluters are suffering from rising carbon costs, green technologies are becoming more profitable. Uncertainty and the lockdown measures throughout the world to curb the spread of the coronavirus devastated the […]
ERS, EPHZHB agree to extend cooperation on PHE Čapljina
Power utilities Elektroprivreda Republike Srpske and Elektroprivreda HZ HB have agreed to extend their cooperation regarding production in the pumped-storage hydropower plant (PHE) Čapljina. The framework agreement on cooperation between the two companies was signed by Luka Petrović, General Manager of Elektroprivreda Republike Srpske (ERS), and Marinko Gilja, General Manager of Elektroprivreda HZ HB (EPHZHB). […]
Slovenia adopts national zoning plan for Rogatec wind farm
The Government of Slovenia has adopted a decision on the implementation of a national zoning plan for the Rogatec wind farm. The decision on the implementation of a national zoning plan for the Rogatec wind farm has been prepared on the initiative of the Ministry of Infrastructure. In October last 2019, the Ministry of the […]
Montenegrin government to grant EPCG concession for HPP Komarnica
The Government of Montenegro has adopted the concession plan for the use of watercourses for the construction of hydropower plants for 2020, which envisages granting only one concession – for the construction of the Komarnica hydropower plant. The power plant should have an installed capacity of 170 MW while the investment is estimated at EUR […]
Serbia delays public discussion on plan for Kolubara B thermal power plant
The coronavirus has prompted the Government of Serbia to shelve the public discussion on the draft spatial plan and environmental impact assessment for the Kolubara B thermal power plant. PowerChina is the contractor on behalf of EPS. The Ministry of Construction, Transport and Infrastructure of Serbia said it is unable to hold the public discussion […]
EUR 400 million loan for Attica-Crete interconnection secured
The financing framework for the undersea electricity link between the Greek mainland and its largest island has been completed. The country’s TSO Admie secured a credit line of as much as EUR 400 million from Eurobank for the Ariadne Interconnection between Crete and the Attica peninsula. Greece’s Independent Power Transmission Operator, also known as IPTO […]