Albanian power supplier borrows EUR 100 million to cope with energy crisis
08 December 2021 - An energy emergency was declared in October due to a strong rally in electricity prices. Back then the government promised EUR 200 million
Montenegro secures EUR 50 million loan for green recovery, decarbonization
29 November 2021 - The Investment and Development Fund of Montenegro has secured EUR 50 million to support green recovery and decarbonization of the economy
G20 urged to set more ambitious emissions cut targets ahead of COP26
15 October 2021 - The G20 governments need to come up with more ambitious national emissions reduction targets ahead of the UN climate summit COP26, which opens on October 31.
Montenegro on the fence about TPP Pljevlja overhaul
20 September 2021 - The fate of the 225 MW thermal power plant (TPP) Pljevlja, which accounts for 40% of Montenegro’s electricity production, remains uncertain.
Croatia to take loan to pay incentives for renewable energy producers
06 September 2021 - Croatian energy market operator HROTE will take a EUR 13.3 million loan to pay subsidies for renewable energy power plants.
G20 countries directed more funds to fossil fuels projects than to renewables
10 August 2021 - Since the beginning of 2020, the G20 countries have committed at least USD 296 billion for fossil fuels and USD 227 billion for renewables.
Greece sees sharpest coal emissions cut among EU coal-producing countries
19 July 2021 - Greece has achieved a 56.3% reduction in emissions in the sectors covered by the EU ETS, the third best performance among member states.
Greece, Romania most active in Southeast Europe in tackling climate challenge
04 May 2021 - Greece and Romania are the most active among EU member states in Southeast Europe on climate change issues, while Bulgaria is trying to catch up.
Croatia and Albania rank best in region on WEF’s Energy Transition Index 2021
21 April 2021 - Croatia and Albania are the region's best ranked countries on the World Economic Forum's Energy Transition Index 2021.
IRENA: Albania’s cost-effective solar and wind potential is estimated at more than 7 GW
26 March 2021 - IRENA says Albania could significantly improve energy security and resilience to climate change by tapping on solar and wind potentials.
COVID-19 pandemic accelerated slowdown in coal power plant sector
16 February 2021 - Electricity output from fossil fuels dropped more than from low-carbon sources. The coal power sector showed the greatest weakness in the market.
Italy’s new government to place focus on green transition
15 February 2021 - Italy’s new government has established a ministry that combines energy policy with the environmental portfolio,...