Bulgaria’s TPP Maritsa East 2 coal plant posts EUR 52 million loss for 2024
Even with a quota for the regulated electricity market in Bulgaria, low electricity prices pushed TPP Maritsa East 2 into a loss last year
Western Balkan coal plants cut harmful emissions in 2024 but breaches remain extreme
SO2 emissions from NERP-bound coal plants in BiH, Kosovo*, North Macedonia and Serbia were six times above legal limits last year
Bulgaria grants EUR 587 million to 82 battery storage projects
Developers of 82 standalone battery projects in Bulgaria, for an overall 9.71 GWh in capacity, got approval for EUR 587 million in subsidies
Italy mulls keeping its last coal plants on standby
Italy may switch its remaining coal plants on the mainland to a standby mode this year instead of dismantling them
Turkey’s renewables failing to cover power demand growth despite solar boom
Turkey became a net electricity exporter in 2024, but wind and solar are still not growing fast enough to meet rising domestic power demand
Ember: Warming’s 2024 share of global power demand rise was covered with fossil fuels
Renewables and nuclear energy met 79,1% of 2024 global power demand growth. The fossil fuels share was bigger than the part attributed to the annual rise in temperatures.
Greece becomes net electricity exporter in 2024
Greece went from net electricity imports of 18% in 2019 to a small surplus in the balance last year, mostly attributed to gas power plants
Serbia’s EPS, industry sign contracts on disposal of ash from coal-fired power plants
Power utility Elektroprivreda Srbije will sell 30 million tons of ash to Lafarge Serbia, Elixir Group and Moravacem