decarbonization
Saudi Arabia to add 3.7 GW in solar power, achieves world’s lowest price
13 April 2021 - Saudi Arabia connected a 300 MW PV system to the grid and revealed it signed a separate power purchase agreement at just USD 10.4 per MWh
Greece officially writes off four coal-fired thermal power units
08 April 2021 - The plans for a coal phaseout in Greece seem to be accelerating as the only thermal power plant project may be switched to gas earlier.
Zeronomics: 55% of companies not on track to net zero emissions in 2050
07 April 2021 - Research into the financing of a net zero world, with the participation of 350 business leaders, reveals a gulf between words and action.
Budapest to install geothermal district heating system of up to 20 MW
06 April 2021 - Icelandic group Arctic Green Energy will help FŐTÁV, the district heating company of Budapest, to add geothermal capacity of 10 MW to 20 MW
North Macedonia’s ESM to introduce carbon pricing for its power plants by end of 2021
02 April 2021 - Energy Community Secretariat has invited all power producers to implement internal carbon pricing, but so far only ESM answered positively.
North Macedonia securing gas, electricity supply amid coal phaseout
01 April 2021 - The country has signed three memoranda with Greece on the future LNG terminal near Alexandroupolis and the adjacent gas-fired power plant.
TPP Pljevlja uses its 20,000 hours production limit – European Environment Agency
31 March 2021 - The EEA has officially confirmed that the power plant, part of utility EPCG, consumed its limit for production at the end of 2020.
EPS director: Serbia won’t cut electricity production from coal despite green energy expansion
31 March 2021 - Milorad Grćić said power production from coal would remain at the same level while capacities in renewable energy sources would increase
Turkey has green hydrogen potential of 1.6 million tons per year
31 March 2021 - Turkey can produce up to 1.6 million tons of hydrogen per year with power supply from renewables, substituting 5% of total final energy consumption
Turkey’s Garanti BBVA bank to stop financing coal projects
31 March 2021 - Garanti BBVA, the fifth-largest bank in Turkey vowed to cleanse the loan portfolio of the remaining coal mines and plants by 2040
EPBiH mines ended 2020 with total debt of EUR 470 million
30 March 2021 - The miners from the Kreka brown coal mine in BiH stopped striking but bankruptcy looms if the reorganization plan is not implemented.
Serbian government adopts four bills on energy, mining
29 March 2021 - The government adopted the bills on renewable energy sources, energy, energy efficiency and mining, and sent them to parliament for adoption.
Renewables are several times more profitable than fossil fuels
26 March 2021 - Investors in renewable power continue to outpace fossil fuel across the globe, according to the...
Europe is halfway into closing all coal power plants by 2030
25 March 2021 - Fifty percent of coal-fired thermal power plants in Europe are closed or will be shut down by 2030 amid rising CO2 costs and the expansion of renewables
PPC sells two green bond packages in same month amid strong demand
23 March 2021 - Greece's PPC caught the attention of some of the world's biggest players with its green bond issue, partly aimed at funding the energy transition
Slovenian government proposes coal phaseout by 2033
19 March 2021 - The Ministry of Infrastructure has launched public debate on the draft coal phaseout strategy and accompanying EIA.