Future belongs to those who know how to conserve energy
One thing is certain: the years of inefficient energy use are behind us, and the future belongs to those who approach energy generation, transmission, and consumption with much more prudence, Borko Torbica, vice president of Elnos Group, says in an interview with Balkan Green Energy News. Torbica explained how Elnos Group, an electricity company from […]
Hidroelectrica initiates takeover of ČEZ, Enel’s facilities in Romania
The management of Speeh Hidroelectrica SA requested the goahead from shareholders to hire consultants and lawyers in the procedure it started with the aim to acquire assets from ČEZ Group and Enel SpA, counting on them divesting in Romania. The extraordinary meeting is scheduled for December 12. The hydropower plant operator also asked for a […]
Radojičić: Belgrade to subsidize up to 90% of buildings refurbishment
Serbia’s capital city will introduce the measures from the strategy for district heating next year, right after it is adopted, according to Zoran Radojičić. Belgrade will thus continue to cut the use of polluting fuel, the mayor noted. In his words, carried by the local authority’s website, in 2019 its management established “firm foundations” of […]
UPDATE: First Trebinje Energy Summit – SET 2020 to focus on Western Balkans’ energy future
The first edition of the Trebinje Energy Summit – SET 2020, to be held on March 5-6, 2020, will be dedicated to the Western Balkans’ energy future and the energy sector potentials of Republika Srpska. Experts, investors, representatives of the NGO sector and international institutions, as well as decision-makers, will get together to discuss the […]
Hungary to launch climate finance instrument to support green transition in Western Balkans
The Hungarian Government has approved the establishment of the Western Balkans Green Center (WBGC), a new instrument to support green transition in Albania, Bosnia and Herzegovina, Kosovo*, Macedonia, Montenegro, and Serbia. This is the first step of a broader, more ambitious endeavor, to create a regional multi-donor fund in 2021. Designed with the support of the […]
HEP says to invest EUR 135 million in renewables on average annually to lift share to 50% by 2030
Croatia’s state power utility Hrvatska Elektroprivreda (HEP) plans to invest HRK 1 billion (around EUR 135 million) in renewable energy sources on average annually, in what will enable it to increase the renewables share from 35% to 50% by 2030, according to a news release from HEP. HEP plans to achieve the target through the […]
Romania’s draft plan envisages 27.9% target for renewables share in energy consumption in 2030
Romania’s draft National Energy and Climate Plan (NECP), to be sent to the European Commission, envisages a 27.9% share of renewable energy sources in energy consumption in 2030, compared to the EU’s 32% target, Romania-Insider.com has reported, citing Economica.net. Romania’s renewables share in total energy consumption stood at 25% in 2016, according to Eurostat’s data. […]