EU clears MET Renewables’ entry into NIS Energowind ownership
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Belgrade-based NIS Energowind, the developer of the Plandište wind farm, by MET Renewables, part of Swiss energy company MET Group, and O Zone, part of Russia’s Gazprom group, the commission said in a press release. NIS Energowind, founded in Serbia […]
Energy Community adopts decision lowering Macedonia’s 2020 renewables target from 28% to 23%
The Energy Community’s Ministerial Council has adopted a decision lowering Macedonia’s 2020 target for the share of renewable energy sources in gross final energy consumption from 28% to 23%. The decision was adopted as a result of a review of the 2020 renewables target requested by FYR Macedonia due to the revision of the country’s […]
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. […]
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% […]
Tendering launched for concession to build 49.5 MW Grebak wind farm
The Ministry of Industry, Energy and Mining of the Republic of Srpska has announced a public invitation to award a concession to build and operate the Grebak wind farm in Nevesinje, with an estimated capacity of 49.5 MW and an annual output of 130 GWh of electricity. The plant will not receive state subsidies for renewable energy […]
Renewable Energy Hard Talk to kick off in Sarajevo on December 4
Sarajevo hosts the latest in a series of Renewable Energy Hard Talks organized by the United Nations Economic Commission for Europe (UNECE) on December 4-5. The two-day event at the Parliamentary Assembly of Bosnia and Herzegovina (BiH), titled New Possibilities for Developing Renewable Energy Sustainably in BiH, will be followed by Hard Talks in Montenegro […]
EBRD now offering “mega” Green Innovation Vouchers of up to EUR 50,000
The European Bank for Reconstruction and Development (EBRD) has moved into a new phase of the Green Innovation Vouchers scheme in Serbia to target projects with larger resource-efficiency impact, increasing the value of the vouchers to up to EUR 50,000, according to a news release from the EBRD. A new call for applications for “mega” […]
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 […]