Coal subsidies prompt Energy Community to warn six governments
The European Commission is aware of state aid registered in a study for 2015 to 2017, the EnC Secretariat in Vienna said and published an assessment as a followup to the document. It raised concern about coal subsidies with regard to competition regulation and stressed the authorities should get policy in line with EU rules. […]
PM sees EU Green Deal taking out 40% of electricity capacity in Romania
Coal is doomed, the head of the government in Bucharest has told businesspeople and representatives of associations. Prime minister Ludovic Orban warned that decision makers have maybe ten years to find energy production solutions that reduce greenhouse gas emissions and hinted at the dependence on the fossil fuel for electricity in Romania. The European Union’s […]
New thermal power plant feasibility studies understated TPP costs – report
Members of parliaments of Bosnia and Herzegovina and Serbia have been deceived with “false information” when they adopted guarantees for two coal-burning blocks financed by China, according to documents seen by Unearthed. In feasibility studies for new thermal power plant projects Tuzla 7 and Kostolac B3, respectively, expenses for greenhouse gas emissions are strongly belittled […]
EU lifts green investment target by EUR 260 billion per year by 2030
The Sustainable Europe Investment Plan will mobilize at least EUR 1 trillion in the next decade, the European Commission has said. The so-called Just Transition Mechanism, which is being set up by the EU with the responsibility for the green investment part worth EUR 100 billion from 2021 to 2027, comes with a support fund […]
Sekulić: Coal excise tax to cover Montenegro’s stimulus for renewables
Among her remarks in New Year interviews with several domestic media outlets, Montenegro’s minister of economy insisted households will continue to be exempted from premiums for electricity from renewable sources for the consumption of up to 300 kWh per month. Furthermore, Dragica Sekulić stressed, the 2019 directive on stimulus for such production of electricity and […]
Lluka: Case for TPP Kosova e Re to be presented in Vienna on January 17
Amid looming deadlines in the controversial project for the construction of a coal-fired power plant, Kosovo* is preparing for a hearing with the Secretariat of the Energy Community. The international body has challenged state aid to the Kosova e Re facility. The representatives of the government will present their case on January 17 in Vienna, […]
Ugljevik testing desulfurization in coal power plant
The RiTE Ugljevik mine and coal power plant has said it switched on its desulfurization system. The facility for the protection from the consequences of burning coal will have a three-month test drive. It was funded by a loan from the Japan International Cooperation Agency, better known as JICA, agreed in 2010. The purifier of […]
Renewables, power storage are Kosovo’s* best choice: World Bank study
The most affordable strategy for the government in Prishtina would be to phase out coal-fueled power production, according to a previously unseen document that the United States–based Institute for Energy Economics and Financial Analysis or IEEFA has reviewed. The World Bank apparently concluded in August of last year that ContourGlobal Plc’s plan for to build […]