decarbonization
Energy Community is obligated to follow EU’s CEEAG state aid guidelines
14 February 2022 - The EU's Guidelines on State Aid for Climate, Environmental Protection and Energy (CEEAG) are obligatory, the Energy Community Secretariat said
World’s largest companies promise much more climate action than they deliver
10 February 2022 - Large global companies emphasize intentions to reduce carbon emissions to net zero, but according to the results of the latest analysis, they are going to reduce them by only 40% on average, against their pledges for 100%
EU’s carbon border tax must become mainstream topic in Western Balkans
09 February 2022 - Measures accompanying the CBAM must be directed to helping the Western Balkans adjust to the CO2 pricing system, experts say
Serbia’s ambitious energy security plan targets 50% renewables share by 2040
08 February 2022 - Ministry of Mining and Energy has prepared the document Energy Security of Serbia, with solutions for entire energy sector
Romania’s Oltenia picks partners to switch from coal to solar, gas
07 February 2022 - Romania's CE Oltenia has selected OMV Petrom and Tinmar Energy to jointly replace its coal-fired power plants with solar panels and a gas-fired power plant
Photovoltaic project of 50 MW underway next to coal complex in North Macedonia
03 February 2022 - The Municipality of Novaci in North Macedonia is assisting DTPU Mej grup in its 50 MW solar power project next to REK Bitola
Turkish aluminum producer building solar power plants to reach net zero emissions
02 February 2022 - Eti Alüminyum is expanding its solar park with the aim to produce clean and green aluminum, using renewable energy
Fossil fuels still subsidized more than renewables in EU, auditors find
01 February 2022 - The EU's energy taxation and carbon pricing policies don't square with its climate goals, the European Court of Auditors said in a review
North Macedonia delays coal exit deadline to 2030
28 January 2022 - Minister of Environment and Physical Planning Naser Nuredini said North Macedonia would close its two coal plants by 2030
European Commission approves restructuring aid for CE Oltenia up to EUR 2.66 billion
28 January 2022 - Restructuring aid has been approved for CE Oltenia, Romania's third-largest producer of electricity, to replace coal with gas and renewables
McKinsey – Decarbonizing economy requires over USD 9 trillion per year
27 January 2022 - Achieving the goal of net-zero emissions by 2050 implies global investments of USD 9.2 trillion a year, 3.5 trillion more than today
Energy Community starts renewables certificates project to help accelerate energy transition
26 January 2022 - The Energy Community Secretariat is creating an electronic system for guarantees of origin to enable consumers to choose green electricity
Agora: Faster decarbonization in Western Balkans would ease impact of EU’s CO2 border tax
21 January 2022 - The Western Balkans need to step up the integration of their power markets and roll out carbon pricing to avoid the CO2 border tax, Agora said
BlackRock CEO`s message for 2022: We focus on sustainability not because we are environmentalists, but because we are capitalists
20 January 2022 - Larry Fink said in his annual letter that BlackRock would continue to encourage companies to react to climate change because it has financial significance
Slovenia, Czech Republic to exit coal by 2033
14 January 2022 - Coal phase-out by 2033 announced Slovenian government, and the new Czech government announced a coal exit for the same year
IEA: Rising demand for electricity could result in high prices over next three years
14 January 2022 - Average wholesale electricity prices in Europe in the fourth quarter of 2021 were more than four times as high as their 2015-2020 average