eu power prices eurelectric electricity record 2024

2024, record year for EU power sector – wholesale electricity prices decreased by 16%

03 January 2025 - Power demand didn’t pick up since the crisis primarily due to low industrial consumption, according to Eurelectric

bih power plant kakanj desulfurization agreement

Chinese-led consortium to build desulfurization unit at BiH’s power plant Kakanj

19 December 2024 - Power utility EPBiH and a consortium led by China’s Dongfang Electric International Corporation have signed an agreement to build a new unit

OMV Petrom Tarom sustainable aviation fuel SAF

Tarom to use sustainable aviation fuel supplied by OMV Petrom

08 November 2024 - Romanian companies OMV Petrom and Tarom signed a contract for the supply of sustainable aviation fuel (SAF)

eps morava kolubara coal conservation reserve

Serbia’s EPS to mothball Morava, Kolubara coal power plants for strategic reserve

23 October 2024 - Serbia’s power utility Elektroprivreda Srbije intends to switch the Morava and Kolubara coal plants to a strategic reserve

china solar wind above coal 2024 rystad

Solar, wind surpass coal for first time in China 

02 August 2024 - Rystad Energy’s analysis forecasts that by 2026, solar power alone will beat coal as China's primary energy source

global energy emissions fossil fuel use hit all time highs in 2023

Global energy emissions, fossil fuel use hit all-time highs in 2023

20 June 2024 - Global emissions from energy increased 2% year on year in 2023, exceeding 40 gigatons of CO2 for the first time ever

cars-combustion-engine-eu-ban

Right-wing victors in European election seek to scrap 2035 ban on combustion engines

11 June 2024 - The EPP leader has said the party will immediately push for scrapping the 2035 ban on internal combustion engines

China’s energy transition on track for carbon neutrality by 2060

24 April 2024 - China is making huge progress toward its goal of reducing net emissions to zero, Norwegian consulting firm DNV estimated in a report

eu-ets-wind-farm-emissions-reduction

Wind and solar drive record emissions cut under EU ETS

05 April 2024 - Electricity generation from wind and solar has helped achieve the biggest annual emissions reduction under the EU ETS

Wired for Success Electrifying Europe's Climate Race

Wired for Success: Electrifying Europe’s Climate Race

02 April 2024 - How can Europe maintain its businesses' competitive edge on the global stage while championing environmental sustainability? The answer lies in a powerful combination: advanced manufacturing and electrification.

eldrive holding chargers loan eib bulgaria romania

Eldrive secures financing for almost 8,500 EV chargers in Bulgaria, Lithuania, Romania

01 February 2024 - Registered in Austria and owned by Bulgarian investors, the company operates 1,200 chargers in the three countries

eps tent flue gas desulphurization facility

Serbia’s EPS to start trial of flue gas desulphurization facility at TPP TENT A by April

19 January 2024 - The facility at the TENT A thermal power plant has also started to produce gypsum, a byproduct of the process

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