energy transition
Resavica coal mines never break even despite massive subsidies
11 February 2021 - Underground coal mining utility PEU Resavica receives EUR 40 million state aid every year, but it regularly ends reporting a loss.
EnC Energy Transition Tracker: 61% of power output in WB6 still comes from fossil fuels
09 February 2021 - The Energy Transition Tracker points to slow energy transition momentum and the decarbonization challenge in electricity production and transportation.
Germany plans to abolish renewables surcharge paid by power consumers
05 February 2021 - Within five years, the item in electricity bills for stimulating green power in Germany could be scrapped. An average family now pays EUR 413 per year
Slovenia’s Petrol earmarks 35% of investments through 2025 for energy transition
03 February 2021 - In a diversification push, Petrol will direct over one third of its capital expenditure in the next five years toward the energy transition
Elon Musk offers USD 100 million prize for best carbon capture technology
25 January 2021 - Elon Musk, founder and CEO of electric car maker Tesla Motors, has said he will...
Distribution grids need EUR 375-425 billion through 2030 to be fit for transformed power system
22 January 2021 - Investments must be raised by 50-70% in the 2020s, according to the landmark study conducted by industry bodies Eurelectric and E.DSO.
IPTO to invest EUR 4.1 billion in new interconnections, renewables integration, batteries
15 January 2021 - Greece’s independent transmission system operator, IPTO, plans to invest EUR 4.1 billion over the next...
Slovenia earmarks EUR 660 million for liquidity in firms, green transition
12 January 2021 - Slovenia is helping the recovery from the pandemic with EUR 660 million including grants, with a focus on SMEs, liquidity and the green transition
EU’s European Innovation Council Fund buys stakes in startups
12 January 2021 - The EU is supporting innovative startups with direct equity investments for the first time, blending them with grants through the EIC Fund
Kostas Skrekas becomes minister of the environment and energy of Greece
08 January 2021 - New Minister of the Environment and Energy of Greece Kostas Skrekas took over the post from Kostis Hatzidakis. Major reforms are already underway.
Professors say coal already uncompetitive, energy transition must accelerate in region
22 December 2020 - Energy transition into renewables is necessary and more cost effective even than to maintain coal thermal power plants, the academic community claims
Serbia to spend EUR 1.5 billion in 2021 on energy efficiency, to cut pollution
16 December 2020 - Serbia will completely alter investment plans, prioritizing energy efficiency and the fight against pollution, Deputy Prime Minister Zorana Mihajlović said
Platform Initiative launched to help energy transition of coal regions in Western Balkans, Ukraine
12 December 2020 - The Platform Initiative in Support of Coal Regions in Transition in the Western Balkans and Ukraine has been officially launched
PPC Renewables gets licenses for solar parks of 1.9 GW in lignite areas
10 December 2020 - Greece managed to complete the paperwork in one year for most of the planned solar parks that should replace the lignite industry
GEN-I to roll out option to supply power produced without fossil fuels
09 December 2020 - Households and firms in Slovenia will soon be able to purchase power produced only from...
Western Balkans wasted EUR 655 million on coal subsidies since 2015
04 December 2020 - Serbia and BiH account for almost all of the coal subsidies in 2018 and 2019 among the Energy Community contracting parties in the Western Balkans.