Beyond Leather wins clim@ 2020 competition with apple-based clothing material
The clim@ 2020 finals were held online today and the top 15 startups held virtual presentations to the judges. They decided Beyond Leather from Denmark was the best project, with its vegan product for the fashion industry. The contest is organized by Finance in Motion on behalf of the Green for Growth Fund (GGF). Renewable […]
World Economic Forum: Slovenia best ranked among SEE countries in energy transition
The World Economic Forum warns the coronavirus pandemic is about to establish a new normal in all aspects and that it could erase recent progress in the switch to renewables and energy efficiency. In an annual report, it called on greater collaboration and a change in the approach to energy. The World Economic Forum placed […]
Goverments in region to incentivize investments in renewables – PwC study on COVID-19
Governments in the region need to incentivize investments in renewables and reiterate the focus on sustainability, says PwC Croatia in a study called Impact of COVID-19 and Economic Downturn on South East Europe Power and Utility Sector. According to the document, the power and utility (P&U) sector is facing disruption across the value chain. However, […]
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. […]
When shit hits the fan
Author: Maja Pokrovac, Managing Director at Renewable Energy Sources of Croatia (RES Croatia) Now it is clear to everyone – the world has literally and drastically changed overnight. A viral pandemic that has hit all of humanity has shown just how sensitive the global economy really is, and when the going gets tough, it becomes […]
ENERGY TRANSITION – Changes go into high gear
Author: Nikola Rajaković, a professor at the University of Belgrade School of Electrical Engineering (ETF) It seems that during the last couple of months the speed of change has been the main characteristic of energy transition. This is particularly true for the price drop of renewable energy technologies. It could be easily determined that the […]
Electricity, carbon prices plummet as coronavirus wounds EU economy
Market participants pushed prices of electricity and emission certificates lower at the main exchanges in Europe while widespread shutdowns caused a decline in carbon and other greenhouse gases released by the industry because of restrictions aimed at slowing the spread of the coronavirus. Statistical data show a global recession is close as the pandemic crippled […]
Are Serbian renewable energy projects in danger due to the state of emergency?
Authors: Ivan Gazdić, Partner and Igor Đorđević, Attorney-at-Law, CMS Belgrade On 15 March 2020, the state of emergency was introduced in Serbia due to the COVID-19 situation, which entitles state authorities to impose a broad spectrum of short-term restrictions and different measures. What do these measures mean for the future of renewable energy projects in Serbia? […]