World
World’s largest companies promise much more climate action than they deliver
10 February 2022 - Large global companies emphasize intentions to reduce carbon emissions to net zero, but according to the results of the latest analysis, they are going to reduce them by only 40% on average, against their pledges for 100%
McKinsey – Decarbonizing economy requires over USD 9 trillion per year
27 January 2022 - Achieving the goal of net-zero emissions by 2050 implies global investments of USD 9.2 trillion a year, 3.5 trillion more than today
Green for Growth Fund to provide Tier II capital to Egyptian banks
24 January 2022 - The Green for Growth Fund has been granted approval from the Central Bank of Egypt to provide Tier II capital to banks in the country
Global chemical and plastic pollution out of control – safe planetary boundary exceeded
22 January 2022 - Chemical production has increased 50-fold since 1950, and projections show output may triple by 2050
BlackRock CEO`s message for 2022: We focus on sustainability not because we are environmentalists, but because we are capitalists
20 January 2022 - Larry Fink said in his annual letter that BlackRock would continue to encourage companies to react to climate change because it has financial significance
Expansion of green hydrogen changing geopolitical relations – IRENA
18 January 2022 - Green hydrogen could cover up to 12 percent of global energy consumption in 2050, according...
IEA: Rising demand for electricity could result in high prices over next three years
14 January 2022 - Average wholesale electricity prices in Europe in the fourth quarter of 2021 were more than four times as high as their 2015-2020 average
Carbon capture projects failing but still to play role in energy transition
14 January 2022 - The carbon capture technology is still experimental, but it may have a shot with a proper funding scheme and a functional market
Summer of 2021 in Europe was warmest ever
12 January 2022 - The last seven years were the warmest on record globally by a clear margin, and 2021 was the fifth-hottest year ever recorded
China’s State Grid puts world’s biggest pumped storage hydropower plant online
06 January 2022 - State Grid Corp. of China commissioned the first turbines in its 3.6 GW pumped storage hydropower plant, set to become the world's biggest
Most read articles on Balkan Green Energy News in 2021
30 December 2021 - The most important topics for our readers in 2021 were lithium, the coal phaseout and investment in renewable energy in Serbia
Construction of largest wind farm in southern hemisphere to begin in 2022
29 December 2021 - The Golden Plains wind farm is planned to have 215 turbines and produce enough electricity for 765,000 homes
World’s biggest offshore wind farm starts producing power
22 December 2021 - The Hornsea 2 wind power plant off the UK's east coast started delivering electricity. When finished, it will have a capacity of 1.3 GW.
IEA: Global coal power output to rise 9% in 2021 to all-time high
21 December 2021 - With electricity demand outpacing low-carbon supply and a spike in gas prices, coal power output is up 9% this year, at 10.35 PWh, IEA says
New York is banning the use of natural gas in new buildings
18 December 2021 - After several other cities in the United States, the City Council of New York passed...
Elon Musk’s SpaceX seeks rocket fuel made from atmospheric CO2
14 December 2021 - Elon Musk revealed SpaceX would launch a program for capturing carbon dioxide from the atmosphere for the production of rocket fuel