COVID-19 pandemic accelerated slowdown in coal power plant sector
Electricity output from fossil fuels dropped more than from low-carbon sources. The coal power sector showed the greatest weakness in the market.
Slovenia earmarks EUR 660 million for liquidity in firms, green transition
Slovenia is helping the recovery from the pandemic with EUR 660 million including grants, with a focus on SMEs, liquidity and the green transition
ELES secured over EUR 100 million from EU, Japan for development projects
Aleksander Mervar, CEO of ELES, speaks of efforts toward a just energy transition and the development projects of Slovenia's TSO
What lies ahead for Serbia in energy transition and how Europe’s experience amid COVID pandemic can help?
The coronavirus pandemic has accelerated the energy transition in the EU, and demonstrated that power grids across Europe can take in large amounts of renewable energy without any problems. This is an important lesson for Serbia’s energy transition, which is still in its infancy, according to speakers at a roundtable titled Energy Transition and COVID-19, […]
Von der Leyen targets 55% greenhouse gas emissions cut in EU by 2030
European Commission President Ursula von der Leyen officially lifted the European Union’s 2030 emissions reduction target to 55%. Earlier, the relevant committee in the European Parliament demanded 60%. The EU is preparing an economic recovery package for the Western Balkans. Europe will become a climate-neutral continent by 2050, European Commission President Ursula von der Leyen […]
Ten lessons learned from the pandemic crisis to be applied in combating climate change
Author: Danko Kalkan, Green Finance and Environmental Management Expert at ProCredit bank What are the similarities and differences between the pandemic and climate crisis and why is the latter underrated? Although there are numerous similarities between these two types of crisis, they are fundamentally different. Still, there are several lessons we could learn and apply […]
Protesters in North Macedonia threaten escalation amid power price hike
The impact of the COVID-19 pandemic and an unfavorable hydrological situation prompted the Energy Regulatory Commission to accept the increase in prices proposed by power companies in North Macedonia. The third round of protests is scheduled for today and consumers want the independent body to be disbanded and electricity tariffs to be slashed by 46%. […]
N. Macedonia to raise power prices by 7.42% due to coronavirus effect on energy companies
Regulated electricity prices for households in North Macedonia will be increased by 7.42% after the Energy Regulatory Commission approved a request sent by energy companies. According to Marko Bislimoski, president of the commission, the higher price was demanded by state-owned companies Elektrani na Severna Makedonija (ESM), and MEPSO, as well as by Austria-based power supplier […]