Bulgaria, Croatia, Romania, Slovenia plan to burn coal beyond 2030 – report on final NECPs
A new report published by Climate Action Network (CAN) Europe and ZERO looks into the final national energy and climate plans (NECPs) of 15 member states including countries in Southeastern Europe – Croatia, Greece, Romania, and Slovenia. In their initial drafts, a number of countries had already put forward much needed coal phaseout goals in […]
Switching from coal, oil to natural gas accelerates climate change – study
Conversion from coal and oil to natural gas increases the greenhouse effect of energy consumption by around 40%, according to a new study released by German think-and-do-tank Energy Watch Group (EWG). The International Energy Agency (IEA) is “repeatedly playing down” the climate impact of natural gas, thus laying the foundation for national governments to continue […]
Resalta signs energy supply PPP with Gornja Toponica hospital
Resalta has signed a public-private partnership (PPP) for energy efficiency with the Gornja Toponica special psychiatric hospital. This is the first such PPP for energy supply with a state institution in Serbia, the company said in a press release. In order to improve the infrastructure as well as employee and patient comfort, the Gornja Toponica […]
IEEFA: GE lost billions in market capitalization by misjudging energy transition
According to a report by the Institute for Energy Economics and Financial Analysis (IEEFA), General Electric (GE) lost USD 193 billion or 74% of its market capitalization over 2016-2018. “This value destruction was driven in large measure by the collapse of the new thermal power construction market globally – a collapse which caught GE entirely […]
Strategy of Government of Slovenia aims ban of new gasoline-, diesel-only cars
A document passed by the Government of Slovenia reveals the country is determined to stimulate alternative fuels and bring the share of electric and hybrid passenger vehicles to 17% or 200,000 units through 2030. In light transport, the quota is set at 12% or 11,000 vans and other types in the category. The draft strategy […]
New 20 MW biomass plant for district heating in Šabac in 2018
The district heating system in the city of Šabac is to be supplied from a 20 MW biomass plant, said the city’s energy manager Slobodan Jerotić for BGEN. Biomass will replace natural gas, which is three to four times more expensive. The project will be realized as a public-private partnership. District heating company Toplane Šabac […]
Cheaper electricity from Turkey for Turkish Cypriots seen in the future
The recent agreement between Turkey and Turkish part of Cyprus to supply electricity through an underwater cable has become a threat not only for political solution for the divided island, but also may endanger a progress Cyprus has made in the transition towards a sustainable energy sector. Media reports were expectedly biased over legality of […]