EU to impose stricter rules for gas power plants to get green investment label
The EU is drafting an obligation on financial institutions to disclose which investments meet climate criteria.
Greek gas firm DEPA Commerce seeks renewables projects to invest in
The state-controlled gas supplier asked operators and developers of wind and solar power in need of investment to make contact
Global warming is on pace for catastrophic 3.3º C without drastic measures
Up to USD 130 trillion in new investments is necessary to avert the current global warming scenario.
Greek gas firm DEPA Commerce in talks to enter wind, solar projects
In line with its declared strategy to create a 200 MW renewable energy portfolio, Greek state-controlled DEPA Commerce is negotiating with project developers to participate in planned wind parks and photovoltaic systems or buy stakes in such power plants that are under construction, according to local media. The gas supplier co-owned by Hellenic Petroleum is […]
North Macedonia to convert oil-fired power plant Negotino to natural gas
The new Government of North Macedonia intends to switch the 210 MW thermal power plant TEC Negotino from fuel oil to natural gas. The oil-fired facility is on cold reserve for the country’s power system. Negotino, a state-owned power plant, is paid to be prepared to start generation very fast if there is a need. […]
CE Oltenia plans to slash CO2 emissions by 38%, but keep investing in coal
Romania’s ailing state-run electricity producer Complexul Energetic Oltenia (CE Oltenia) has drawn up a 2021-2026 restructuring and decarbonization plan that entails gradually reducing coal power production and developing renewable energy sources, with a target to cut CO2 emissions by around 38%. The plan includes EUR 1.5 billion in investments. CE Oltenia, the second-biggest electricity producer […]
Four solar power plants to be built at Russian-owned Brod oil refinery
The Russian owners of oil refinery Brod (RNB), which has been out of service for two years now, plan to build four solar power plants on the refinery’s grounds, and have already applied for renewable energy incentives with the Regulatory Commission for Energy of Republic of Srpska – RERS. Capital.ba has learned that the four […]
Turkey to blend green hydrogen into natural gas supply network for heating
GAZBİR tested a 20% share of hydrogen in natural gas and measured an increase in energy efficiency and lower carbon emissions, so Turkey is looking to introduce the fuel produced by using renewable sources in heating. Turkish energy companies started a project supported by the Energy Market Regulatory Authority (EMRA) to reduce the country’s dependence […]