Malibunar windpark to be completed in 2017, Alibunar construction starts soon
Aleksandar Antić, Minister of mining and energy has met today Nicolas Brynooghe, director of Belgium company Elicio and talked with him about the development and construction of wind parks Malibunar and Alibunar. Minister Antić emphasized that the Ministry of mining and energy is committed to improving regulatory framework in order to contribute to the projects’ completion. […]
Green certificates for two HEP hydropower plants
Croatian energy regulatory body (HERA), assigned green certificate to two hydropower plants of Croatian state-owned power utility (HEP) earlier this month. The green certificates provide them with a status of privileged producer of electricity from renewable energy sources. However, these two hydropower plants, HPP Orlova and HPP Dubrava, even with green certificate, are not be entitled to receive […]
New IRENA study optimistic about eliminating energy related CO2 emissions
Global carbon dioxide (CO2) emissions generated by energy sector can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new study findings released today by the International Renewable Energy Agency (IRENA). A study “Perspectives for the Energy Transition: Investment Needs for a Low-Carbon Energy Transition” […]
Greek Government prepares legal framework for energy cooperatives
Draft bill which will permit establishment of energy cooperatives should be finalized next month. With that act, consumers will be entitled to become shareholders in energy ventures. Drafting of the future bill on energy cooperatives is going smoothly, according to Greek portal energypress.eu. The Ministry of Energy is working on this with RAE, the Regulatory Authority for […]
Bulgaria, Croatia, Montenegro and Romania reach EU 2020 renewable energy goals
Four countries from the Balkan region – Bulgaria, Croatia, Montenegro and Romania – reached their national targets for the share of renewable energy in total consumption by 2020, according to latest Eurostat data for 2015. Share of energy from renewable sources in final consumption in Romania reached 24.8 percent, achieving the country’s EU 2020 target, which […]
Hydropower potential Croatia’s best chance for more energy independence
Hydropower potential is Croatia’s best chance for more energy independence, concluded the participants of the 4. Energy Investment Forum 2017, which was organized in Zagreb by Poslovni dnevnik. The country currently imports around 30 percent of electricity consumed. “Hydro potential is our biggest potential with KN 3 billion investment cycle (EUR 403,8 million),” said Perica […]
Greek PPC Renewables plans to triple electricity production from geothermal energy
PPC Renewables, the leading Greek company for the production or electricity from renewables, wants to triple production capacity from geothermal energy. Business plan which includes the development of geothermal energy is prepared by the newly elected Board of Directors. Previous board is replaced after the series of bad decisions which caused, according to Manolis Panagiotakis, […]
European demand for solar power decreased by 21 percent in 2016
European demand for solar power decreased by over 21 percent to 6.7 GW in 2016, according to the market research conducted by SolarPower Europe. At the same time, global solar installations grew by around 50 percent to an all-time record number of 76.2 GW. “The European solar industry is ready to take a larger share […]