TENDERING: Geothermal water exploration areas in Croatia
The Croatian Hydrocarbon Agency issued a public call for bids for four exploration areas. It said the goal is to utilize geothermal waters in Slavonia, Podravina and Međimurje in the north of Croatia for the production of energy. A significant geothermal potential has been proven in the geographical zone of the Drava river valley, the […]
IRENA: Renewables increasingly cheaper than coal competitors on cost
IRENA found 56% of renewable capacity added last year achieved lower electricity costs than new coal power plants. Furthermore, by the end of 2021 it would be cheaper to build new photovoltaic facilities than to keep running active coal power plants of as much as 1.2 TW, more than half of the world total. New […]
ENERGY TRANSITION – Expensive, but a belated one could cost even more (part three)
Author: Prof. Nikola Rajaković, School of Electrical Engineering (ETF), University of Belgrade In the process of the energy transition, the integration of renewable energy sources is one of the central issues for experts. Without the electricity system’s synergies with other sectors (natural gas, transportation, heating, and industry) the integration of renewables is almost unfeasible. Energy […]
Join RESponsible island prize competition
The European Commission has launched the second edition of the RESponsible island prize competition, rewarding achievements in local renewable energy production for electricity, heating, cooling and transportation on islands. The title is inspired by RES (short for Renewables) and “responsible” to highlight the citizens in the center of the energy system. Within this context, the […]
Hidroelectrica plans to install first offshore wind park in Black Sea
Romania’s biggest power producer laid out an ambitious long-term plan to its shareholders, leaning to a large extent on funds it expects from the European Green Deal. Hidroelectrica proposed to develop capacities in hydropower, biomass, photovoltaics, chargers for electric vehicles, hydrogen and wind turbines including an offshore wind park in the Black Sea of as […]
Introduction of emissions trading is request of our time and no matter of choice
With the adoption of the climate change law and the introduction of an emissions trading system, Montenegro solidified its position as the region’s leader in energy transition. It seems the political elite and experts have no doubts on which way to go, which is best seen in the words of Ešef Husić, Director General of […]
World Economic Forum: Slovenia best ranked among SEE countries in energy transition
The World Economic Forum warns the coronavirus pandemic is about to establish a new normal in all aspects and that it could erase recent progress in the switch to renewables and energy efficiency. In an annual report, it called on greater collaboration and a change in the approach to energy. The World Economic Forum placed […]
Region gets EU support to wrap up just transition plans
The European Commission has approved all requests made by 18 member states including Bulgaria, Croatia, Cyprus, Greece, and Romania, for support in the preparation of their territorial just transition plans, which each country will have to draw up to get access to funding from the Just Transition Mechanism. The Just Transition Mechanism is part of […]
