Greece launching new renewables, sustainable infrastructure investment scheme
Fresh investment in renewables, energy efficiency, and urban development projects across Greece will be supported following the first agreement under a new EUR 650 million infrastructure investment initiative, according to a press release from the European Investment Bank (EIB), which manages the Infrastructure Fund of Funds. The Infrastructure Fund of Funds, to support renewable energy […]
European Commission: Turkey makes good progress on renewables, energy efficiency
Turkey is moderately prepared in the area of energy, according to the European Commission’s latest report on the country in view of EU enlargement. Good progress has been made on security of supply, renewable energy, and energy efficiency, the European Commission said. In the coming year, Turkey should in particular: adopt legislation in line with […]
Days of Good Wind gather 200 participants from Croatia, world
A conference titled Days of Good Wind, organized by the Croatian Renewable Energy Sources (OIEH), which started yesterday and ends today in Vodice, has gathered around 200 participants from Croatia and around the world interested in the future of wind energy, with a special focus on the region of South East Europe. The conference is […]
European Commission: Montenegro should step up enforcement of laws in environmental protection, climate change
Montenegro has made some progress in harmonizing its legislation with the EU in the field of energy, especially regarding renewables, the European Commission said in its latest report on the country’s progress in aligning with the EU acquis, while calling on the authorities to switch from feed-in tariffs to market-based support schemes for renewable energy. […]
Montenegro leading energy transition in region
In May 2019, Montenegro joined the not-so-large group of countries that managed to cover the entire electricity demand over a certain period of time from domestic renewable energy sources. “This proves that energy transition is possible, that it is possible to stop using fossil fuels for electricity production,” says Montenegro’s Economy Minister in charge of […]
European Commission: North Macedonia moderately aligned on energy, makes limited progress in environment-related laws
North Macedonia remains moderately aligned with the EU acquis in the field of energy, while making limited progress in further harmonizing some environment-related laws and policies. At the same time, the alignment of the climate-related rules is still at an early stage, according to the European Commission’s latest report on the country’s alignment with the […]
European Commission: Kosovo* continues to rely on lignite, some progress seen on renewables
Kosovo* has some level of preparation in the field of energy, but continues to rely on highly polluting lignite, according to the European Commission’s latest annual report, part of its annual assessment of the implementation of reforms in the Western Balkan partners. Kosovo* made some progress in the area of energy, including the adoption of […]
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 […]
