Ecosystem services – nature’s contributions to people

In the past decades, and especially after the 2005 Millennium Ecosystem Assessment, the term ecosystem services has been used in public discourse on an international level for any kind of benefit for people stemming from a sustained process in nature (ecosystems). There are four kinds of ecosystem services: nature’s provisions like food, fuel, genetic resources, […]

Electricity prices to dive 30% in the region – analyst

Electricity prices in the region could fall 30%, said Nickolay Kiskinov, managing partner at Bulgaria-based Vladimirov Kiskinov Attorneys-at-law. The current electricity prices at the power exchange in Bulgaria are mostly similar to those in the European western markets where, after the initial collapse, prospects are beginning to change due to expectations of economic recovery, he said […]

Renewable energy prices rebounded 10% after collapse in March

Renewable energy prices across Europe have recovered after a 15-30% fall in March and rebounded 10% in April. Prices took a substantial hit at the beginning of March, falling between 15-30% across key markets compared to average prices in February, but have largely recovered from March lows, said Pexapark, the provider of advisory services for clean […]

IHA extends deadline for hydropower projects to apply for CHF 1 million

Hydropower project developers and operators in Africa, Asia, Europe, and the Americas, including Albania, Bosnia and Herzegovina, Kosovo*, North Macedonia and Serbia, have a month and a half to apply for CHF 1 million (USD 1.02 million) in funds. The International Hydropower Association (IHA) said the deadline for the Hydropower Sustainability ESG (Environmental, Social and […]