EU ETS implications for Serbia – price of electricity made from coal to go up
Carbon pricing – forcing electrical generators to pay for the right to emit carbon – is coming to Serbia, sometime in the period 2020 – 2025, as Serbia joins the EU. This will inevitably increase the price of electricity made from coal, and will give an incentive for Serbia to produce more of its power […]
Croatia to get EUR 116 million from emissions allowances auctions
Croatia will earn EUR 116 million from auctions of emissions allowances by 2020, of which EUR 110 million will be spent on the implementation of climate change mitigation and adaptation measures, while the remaining EUR 6 million will go to the state budget. This, according to the Croatian media, is envisaged under the plan for […]
EU launched project to assist Paris Agreement implementation in Western Balkans and Turkey
European Commission published contract notice for the support to the implementation of the 2015 Paris Agreement in the Western Balkans and Turkey and help their transition towards the low emissions and climate-resilient economy. The project is titled EU Support for Climate Action in IPA II beneficiaries – Transition towards the low emissions and climate-resilient economy […]
Stricter emission standards more effective in decarbonisation than ETS
Peter Vajda, Environmental Expert at the Energy Community Secretariat, explains in an interview for the Balkan Green Energy News how the recently adopted stricter standards for large combustion plants will impact the EU energy sector, both in terms of fossil fuel fired power plants and renewable energy sector, and why they are more effective in […]
IENE Conference – SEEED 2017: Sustainable energy development way forward for SEE
The South East Europe is facing as the rest of the Europe significant changes in energy sector and challenges in shaping its energy future considering the fact that is still heavily dependent on fossil fuels and vulnerable in terms of energy security. However, decarbonisation, new energy mix with greater share of renewables, capacity building, credible […]
EU to reduce issuing carbon credits by 2,2 percent annually
The European Parliament supported the European Commission’s proposal to reduce the number of carbon credits by 2,2 percent each year from 2021 as against 1,74 percent in the existing legislation. The MEPs are already planning to increase that percentage to 2,4 by 2024 at the earliest, announced the European Parliament. Carbon credits are permits issued […]