Romania’s draft plan envisages 27.9% target for renewables share in energy consumption in 2030

Romania’s draft National Energy and Climate Plan (NECP), to be sent to the European Commission, envisages a 27.9% share of renewable energy sources in energy consumption in 2030, compared to the EU’s 32% target, Romania-Insider.com has reported, citing Economica.net. Romania’s renewables share in total energy consumption stood at 25% in 2016, according to Eurostat’s data. […]

Renewables December 5, 2018

Carbon Tracker: 42% of global coal-fired power plants unprofitable

Around 42% of global coal capacity is already unprofitable because of high fuel costs, while it costs more to run 35% of coal power plants than to build new renewable generation facilities, finds Carbon Tracker’s study of the profitability of 6,685 coal-fired power plants worldwide, representing 95% (1,900 GW) of all operating capacity and 90% […]

Renewables December 4, 2018

Regulatory framework, electricity price highlighted as impediments to greening region’s energy mix

The Western Balkans, and Serbia in particular, should continue implementing regulations to help green the energy mix and fight climate change, according to panelists at the 11th Balkan Energy Finance Forum. They also raised the issues of how the low regulated electricity price is affecting investments in the energy sector overall and how third countries […]

Renewables November 30, 2018

Solvis, IRB in R&D project to develop third-generation PV cells, produce solar roof tiles, facade panels

Croatian solar photovoltaic (PV) cell producer Solvis and the country’s internationally competitive Ruđer Bošković Institute (IRB) will work on the development of innovative PV cells and modules in 2019 under a joint project worth nearly EUR 2 million, co-financed by the European Regional Development Fund (ERDF), according to a news release on IRB’s website. Under […]

Renewables November 28, 2018