Households in UK are earning money by consuming green electricity
The rise in the share of renewables in the system requires more flexibility to keep the grid in balance. This spring the energy system in the UK was occasionally challenged by the fall in consumption due to COVID-19 and increased production in solar and wind power plants. In order to help overcome the issue, supply […]
Goverment adopts decree to introduce premiums for renewables in Croatia
The Government of Croatia has adopted a decree on quotas to incentivize the production of electricity from renewable energy sources and high-efficiency cogeneration, which marks the introduction of premiums for stimulus. The decree has been adopted on the basis of the energy sector development strategy until 2030, with projections until 2050, and the national energy […]
TENDERING: EBRD seeks consultant for renewable energy auctions in Serbia
Firms and consortiums can submit proposals to the EBRD by June 8 for assistance and advisory services in the preparation and implementation of renewable energy auctions in Serbia. In line with the request from Serbia’s Ministry of Mining and Energy, the European Bank for Reconstruction and Development is open for proposals for assistance in the […]
Corporate power purchase agreements – time to get ready!
Authors: Louise Dalton, Partner, CMS London; Ivan Gazdić, Partner, CMS Belgrade; Igor Đorđević, Attorney-at-Law, CMS Belgrade; Charlotte Rihoy, Trainee Solicitor, CMS London To date, renewable energy projects in the Balkans have been supported by traditional feed-in tariff subsidy schemes (FiT). Certain Balkan countries (e.g. North Macedonia and Bulgaria) have begun to implement alternative schemes, such as […]
Finance in Motion releases impact investment report Road to Impact
In 2019 Finance in Motion advised funds which had facilitated over 70,000 new loans to small businesses and households and were helping prevent the emission of more than 870,000 tons of CO2 every year, according to its annual impact investment report Road to Impact. The asset manager said that by the end of last year […]
Public consultation starts for policy on small hydropower in Energy Community
Widespread concerns and criticism over the impact of hydropower on nature and the quality of life prompted the rethinking of the stance toward the projects, so the Energy Community Secretariat asked individuals, firms and organizations for their opinions. Public authorities, developers, companies, associations, consumer and environmental organizations and citizens have the opportunity to help shape […]
Republic of Srpska awards Bileća solar power plant concession to EFT
Vuk Hamović’s firm will sign the contract for a 60 MW photovoltaic system as bidding finished. The formal process for the Bileća solar power plant began in January following a request by EFT. The Government of the Republic of Srpska has decided to sign a contract with EFT International Investments Holding Ltd. for the construction […]
World Economic Forum: Slovenia best ranked among SEE countries in energy transition
The World Economic Forum warns the coronavirus pandemic is about to establish a new normal in all aspects and that it could erase recent progress in the switch to renewables and energy efficiency. In an annual report, it called on greater collaboration and a change in the approach to energy. The World Economic Forum placed […]