Greece to move forward with privatization of energy, mining companies
Minister of Environment and Energy of Greece Kostis Hatzidakis announced plans for a quick sale or partial privatization of companies in the energy and mining sectors. He asserted the government would soon introduce the so-called target model so that power producers would be able to make bilateral supply contracts with corporate consumers. “The government supports […]
Bulgaria to add 2.65 GW of renewables capacity by 2030
In its draft Sustainable Energy Development Strategy until 2030 with a 2050 horizon, Bulgaria doesn’t envisage the shutdown of its coal power plants. The government said efforts would be made in green energy, innovation, energy efficiency, nuclear sources and gas to ensure energy security. Within the decarbonization push, Bulgaria revealed a goal of installing 2.65 […]
Environmentalists demand from EU to tackle Chinese firms’ violations
Eight organizations urged the EU to do more to tackle legal breaches by Chinese companies. They said the authorities in Brussels and European governments have to tell the most populous nation to stop building new coal power plants in the 27-member bloc and accession countries and to make it respect the law. China’s President Xi […]
Energy transition in BiH: burden or chance for development
Experts Damir Miljević, Nikola Rajaković and Igor Kalaba called for reform and the beginning of the energy transition away from coal in BiH. The new analysis indicates the process would be the most cost effective if started right away. Bosnia and Herzegovina (BiH) must begin the energy transition process in earnest as soon as possible […]
PPC Renewables, RWE targeting 2 GW solar deal for Greece by year-end
PPC Renewables and German RWE are working on a formal business agreement on joint development of photovoltaic systems in lignite mining areas in Greece while coal facilities are being shut down. The two companies are reportedly eyeing a deal through December. Representatives of Germany’s RWE completed a three-day working visit to Greece, where they visited […]
PPC Renewables to make 31 MW biomass power plant in lignite land
A biomass plant will supply the output from as much as 25 MW of its capacity to the Greek grid and use 6 MW for internal purposes, the government said as it gave a green light to the project submitted by PPC Renewables. The Ministry of the Environment and Energy approved the so-called environmental terms […]
Greenpeace demands coal phaseout in Bulgaria by 2030
The government in Sofia should look up to Greece in its energy policy, according to Balin Balinov from Greenpeace Bulgaria, who called for a coal exit twenty years earlier than in the national plan. Environmentalists are pointing to the damage from maintaining thermal power plants using the fossil fuel. While the Minister of Energy Temenuzhka […]
Greek fossil fuel companies expanding their renewables portfolios
Hellenic Petroleum asked the EBRD for a EUR 75 million loan for a solar power project of 204 MW and its domestic competitor Motor Oil bought a 40 MW wind power plant. Major Greek firms are turning to renewables as energy transition gains traction. The drop in costs for the equipment for green energy production […]