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 […]
Top 3 CO2 emitters for 2019 in Bulgaria, Croatia, Greece, Cyprus, Romania, Slovenia
Lignite power plants are occupying the most positions on the 2019 list of the top three CO2 emitters in the EU member states in the region. The facilities hold 10 out of 18 positions in total in Bulgaria, Croatia, Greece, Cyprus, Romania, and Slovenia. After coal-fired power plants, the second-largest group of emitters are cement […]
Kantor, E3 to design carbon tax for Energy Community Contracting Parties
The consortium made of Kantor Management Consultant SA and E3 modelling will be in charge of preparing a study on carbon pricing design in the Energy Community. The consortium was selected at a public call for the provision of consulting services published in October by the Energy Community Secretariat. The study’s objective is to assess […]
Romania mulls carbon price compensation scheme
The Romanian government is considering introducing a scheme for offsetting the cost of the EU Emission Trading System (EU ETS), but details have not yet been announced, local media reported. The scheme would be available to all companies that are obliged to hold emission allowances. The price of these certificates has increased sharply in the […]
European Commission: Montenegro should step up enforcement of laws in environmental protection, climate change
Montenegro has made some progress in harmonizing its legislation with the EU in the field of energy, especially regarding renewables, the European Commission said in its latest report on the country’s progress in aligning with the EU acquis, while calling on the authorities to switch from feed-in tariffs to market-based support schemes for renewable energy. […]
EU Commission: Serbia makes limited progress on energy, climate change yet to receive adequate attention
Serbia made limited progress in the area of energy, while the policy areas of environment and climate change have yet to receive adequate attention, according to the European Commission’s latest annual assessment of the implementation of reforms in the country, adopted today. The European Commission’s annual assessment deals with Serbia’s progress across 35 chapters of […]
EPCG’s new investment cycle focuses on portfolio diversification, hydropower projects
A Belgrade consortium comprising engineering firm Energoprojekt Hidroinženjering and water management institute Jaroslav Černi has been selected to produce a conceptual design for hydropower plant (HPP) Komarnica, and has already prepared an environmentally acceptable technical solution, which paves the way for the construction of the power plant following decades of research, Igor Noveljić, CEO of […]
Ministry drafts decree to reduce renewables incentive fee paid by companies
In line with the Guidelines on State Aid for Environmental Protection and Energy 2014-2020, Croatia’s Ministry of Environmental Protection and Energy has prepared a decree on the criteria for reducing the surcharge paid by consumers to fund renewable energy production and high-efficiency cogeneration, which envisages a reduction of this surcharge for companies. Companies eligible for […]