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 […]

Limited natural resources and (over)ambitious economic goals (part two)

Author: Danko Kalkan, Green Finance and Environmental Management Expert An economic system focused solely on constant GDP growth as the mother of all goals cannot ensure a sustainable future. What is emerging as a solution is to decouple growth from resource use through circular economy principles. The question of the availability of resources was being […]

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 […]

Siemens, Uniper exploring green hydrogen use in gas infrastructure

Siemens and Uniper broadened cooperation with so-called brownfield transformation, aimed at decarbonizing energy facilities with hydrogen from renewable sources. Excess wind power could be utilized for electrolysis. Uniper SE and Siemens Gas and Power agreed to work on decarbonization in electricity production and develop coupling solutions, all with the help of the emerging hydrogen technology. […]