Greens land historic result in European elections in clear call for climate action
The Greens claimed their best ever result in the European Parliament (EP) elections held over the weekend, in what is seen as voters’ call for climate action. The Greens/EFA group, projected to have around 20 seats more than so far, is set to be the fourth-largest force in the EP, which could put it in […]
Vattenfall CEO Magnus Hall named new president of Eurelectric
Vattenfall President and CEO Magnus Hall has been appointed new president of Eurelectric for the next two years, according to press releases from the Sweden-based energy company and the pan-European electricity sector association. Eurelectric, the European industry association for the electricity sector, represents over 3,500 companies in more than 30 European countries in power generation, […]
Montenegro scraps feed-in tariff surcharge
The Montenegrin government has decided to abolish the surcharge paid by consumers through electricity bills to fund the feed-in tariff scheme for privileged power producers. The funds collected through the surcharge will instead be secured through coal excise duty. Answering MPs questions in the parliament, Prime Minister Duško Marković said the abolition of the surcharge […]
Top 3 in April: Renewables’ share of global capacity, Equinor, Bulgaria’s electricity export tariff
The International Renewable Energy Agency’s (IRENA) announcement that total renewable energy generation capacity reached a third of total installed electricity capacity worldwide at the end of 2018 made it to the number one spot on our English-language Top 3 Most Read list for April. The list is also available for our portal’s Serbian/local language version. […]
Net metering to be introduced in Serbia – political decision needed to tap into solar power
The Serbian Ministry of Mining and Energy intends to prepare the required regulatory framework for the introduction of net metering, which will enable a greater use of solar energy in households and an increase in the number of prosumers, representatives of the ministry said during the presentation of the study on the introduction of net […]
Investors alone have benefits from small hydropower plants – citizens, state and municipalities have none
The authorities did not consider the possible environmental impact when they lightly issued construction permits for small hydropower plants (SHPPs) and approved incentives for privileged electricity producers. And then the adept investors saw the opportunity to make profits – they lobbied to adjust regulations and, coupled with poor inspection work on the ground, the situation […]
International community, BiH officials adopt Joint Statement on energy sector reforms
Prime Ministers of the two entities of Bosnia and Herzegovina, Radovan Višković and Fadil Novalić, and BiH Minister for Foreign Trade and Economic Relations Mirko Šarović have agreed to harmonize their positions and support the adoption of the state Law on Electricity and Gas over the next three months. The deal and a joint statement […]
EIF backs Slovenia’s Resalta with EUR 6 million
The European Investment Fund (EIF), part of the EIB Group, will provide EUR 6 million of new equity capital to the innovative Slovenian provider of energy efficiency solutions Resalta. This capital increase will help Resalta evolve from being a start-up and implement a business plan to become a major provider of independent energy services and […]