Oil company Jugopetrol eyeing electricity generation from renewable energy sources in Montenegro

Montenegro-based oil company Jugopetrol will try to expand its energy portfolio and to assess the potential of Montenegro in the production of electricity from renewable energy sources, which is its area of interest for investment, said Antonis Semelides, executive director at Jugopetrol. ’Jugopetrol, owned by Greece’s Hellenic Petroleum, has already announced plans to transform from […]

Switching to more market-based schemes for renewables in Contracting Parties’ interest

Janez Kopač, Director of the Energy Community Secretariat, speaks in an interview for the Balkan Green Energy News about widening the scope of the Industrial Emissions Directive’s application and launching a process aimed at setting targets for renewable energy, energy efficiency, and greenhouse gas emission reduction for 2030. He also explains why switching to more […]

New EUR 45 million loan for energy efficiency in Romania’s residential sector

Romanian households owners will be provided with additional EUR 45 million to invest in energy efficiency improvements, such as heating, water, and electricity, as well as additional building enclosures such as walls, windows and roofs, for their homes. Most of Romania’s residential buildings were constructed between 1960 and 1990 with low thermal insulation. “The European […]