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 […]
MPs from region facilitate energy transition with support of GIZ ORF-EE (part two)
The GIZ Open Regional Fund for South East Europe – Energy Efficiency (GIZ ORF-EE) has implemented a series of projects over the last eight years which have resulted in strong partnerships and cooperation with MPs from across the region. By supporting the work of parliamentarians through its regional collaboration, knowledge and experience exchange platform, GIZ […]
EPS to invest EUR 4.6 billion by 2027, EUR 700 million to go into hydropower, renewables
Public power utility Elektroprivreda Srbije (EPS) intends to invest EUR 4.6 billion from 2019 to 2027, of which EUR 1.6 billion in the modernization of existing and construction of new thermal power plants (TPPs) as well as environmental protection, EUR 1,3 billion in distribution projects, EUR 1 billion in the coal sector, and EUR 700 […]