EC approves restructuring aid for CE Oltenia

European Commission approves restructuring aid for CE Oltenia up to EUR 2.66 billion

28 January 2022 - Restructuring aid has been approved for CE Oltenia, Romania's third-largest producer of electricity, to replace coal with gas and renewables

Conference Serbian companies on power market

Conference Serbian Companies on Changing Power Market to be held in Belgrade on February 22

21 January 2022 - In Belgrade on February 22, Balkan Green Energy News is organizing a conference on the outlook for Serbia’s electricity market for the next few years and new roles of market players.

istanbul-turkey-paris-agreement

Turkey set to ratify Paris Agreement before COP26 climate summit

06 October 2021 - Turkey's parliament is expected to approve a bill ratifying the Paris Agreement by the end of this month.

ursula-von-der-leyen-plan-western-balkans

EU expects Western Balkan countries to offer quality projects for financing under EUR 9 billion plan

30 September 2021 - The EU hopes the overall package that goes into Green Deal projects, digitalization, and resilience in the Western Balkans could reach nearly EUR 30 billion.

timmermans-energy-price-green-transition

Timmermans: energy price hikes should speed up green transition, not slow it down

17 September 2021 - Only about a fifth of the energy price increase can be attributed to the rising costs of CO2 emissions, while the rest is simply due to a market shortage, says the European Commission’s vice president in charge of climate issues.

Western Balkans railway modernization Future is on Tracks

Western Balkans commit to railway modernization: Future is on Tracks

13 September 2021 - The Western Balkans agreed to overhaul and expand railways and roll out intercity links as a major factor in environmentally sustainable mobility

green-energy-AoG-Greece-aluminum

Greece’s biggest power consumer AoG to switch entirely to green energy from 2030

23 July 2021 - Aluminum of Greece (AoG), the country’s biggest electricity consumer, plans to switch entirely to green energy from 2030, as it signs its last electricity supply deal with Public Power Corporation.

carbon border tax explanation western balkans

EU announces carbon border tax from 2026 – what lies ahead for exporters from Western Balkans, Turkey

16 July 2021 - CBAM will be paid from 2026 on cement, iron, steel, fertilizers, aluminium and electricity, but power producers have on option to be exempted until 2030.

fit for 55 package ursula von der leyen european commission

EU’s climate-neutrality bills unveiled – ban on diesel and petrol cars, carbon border tax on imports

15 July 2021 - The European Commission adopted a package of 12 draft laws in order to achieve net GHG emissions reductions by at least 55% by 2030.

European Parliament wants fossil fuel subsidies phased out by 2025

European Parliament wants fossil fuel subsidies phased out by 2025

13 July 2021 - Members of the European Parliament said that all environmentally harmful subsidies should be phased out by 2027.

Electolyzer-Shell-green-hydrogen

Shell launches Europe’s biggest PEM electrolyzer for green hydrogen

08 July 2021 - Shell has put in operation a 10 MW polymer electrolyte membrane (PEM) electrolyzer for the production of green hydrogen, the largest of its kind in Europe.

COVID-19 crisis is opportunity for GGF to promote sustainable growth interview Green for Growth Fund GGF Olaf Zymelka

COVID-19 crisis is opportunity for GGF to promote sustainable growth

17 June 2021 - GGF is encouraging and financing financial institutions which share its vision of building back better, Chairperson Olaf Zymelka said

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