Renewables and the market: intermittent energy source balancing is not that hard to grasp

The COVID-19 pandemic has rocked electricity markets across Europe, including Serbia. “Prices on SEEPEX in May dropped by about 40% against the three-year average. This trend will continue for some time, while forecasts beyond that period will depend on how fast consumption returns to pre-pandemic levels,” according to Dejan Stojčevski, Chief Operating Officer of the […]

Italy enables homeowners to install PV systems for free

The Italian government has raised the so-called eco-bonus for photovoltaic (PV) installations and storage systems from 50% to 110%, effectively enabling homeowners to install PV systems at no cost. The higher subsidies are part of measures to bolster the country’s economy amid the COVID-19 crisis. Under the new provisions, the eco-bonus will be applied to […]

EU 2030 Biodiversity Strategy – Bringing nature back into our lives

Author: Boris Erg, Director of the IUCN Regional Office for Eastern Europe and Central Asia The European Commission has adopted a new EU 2030 Biodiversity Strategy this May, framing it as a “comprehensive, ambitious, long-term plan for protecting nature and reversing the degradation of ecosystems.” Undoubtedly, it comes very timely. The landmark Global Assessment on Biodiversity and […]

Energy Progress Report: SDG7 is not to be reached by 2030

Despite accelerated progress over the past decade, the world will fall short of ensuring universal access to affordable, reliable, sustainable, and modern energy by 2030 unless efforts are scaled up significantly, Tracking SDG 7: The Energy Progress Report reveals. It was released today by the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), […]

Three major environmental challenges clim@ 2020 finalists address

We are only two weeks away from the clim@ 2020 pitching event to select the winner of this year’s competition. Fifteen finalists from the whole world will pitch their innovative projects and business ideas to provide solutions for some of the most pressing environmental and climate challenges: waste disposal and pollution, global warming and emissions, […]