Carbon Tracker: 42% of global coal-fired power plants unprofitable
Around 42% of global coal capacity is already unprofitable because of high fuel costs, while it costs more to run 35% of coal power plants than to build new renewable generation facilities, finds Carbon Tracker’s study of the profitability of 6,685 coal-fired power plants worldwide, representing 95% (1,900 GW) of all operating capacity and 90% […]
Renewable Energy Hard Talk to kick off in Sarajevo on December 4
Sarajevo hosts the latest in a series of Renewable Energy Hard Talks organized by the United Nations Economic Commission for Europe (UNECE) on December 4-5. The two-day event at the Parliamentary Assembly of Bosnia and Herzegovina (BiH), titled New Possibilities for Developing Renewable Energy Sustainably in BiH, will be followed by Hard Talks in Montenegro […]
EBRD now offering “mega” Green Innovation Vouchers of up to EUR 50,000
The European Bank for Reconstruction and Development (EBRD) has moved into a new phase of the Green Innovation Vouchers scheme in Serbia to target projects with larger resource-efficiency impact, increasing the value of the vouchers to up to EUR 50,000, according to a news release from the EBRD. A new call for applications for “mega” […]
Regulatory framework, electricity price highlighted as impediments to greening region’s energy mix
The Western Balkans, and Serbia in particular, should continue implementing regulations to help green the energy mix and fight climate change, according to panelists at the 11th Balkan Energy Finance Forum. They also raised the issues of how the low regulated electricity price is affecting investments in the energy sector overall and how third countries […]
Business interests of coal, oil, gas, nuclear are main obstacle to 100% renewable electricity worldwide
Serbia has enough potential to cover energy demand with renewables only, including solar, wind, biomass, organic waste, hydropower, and geothermal. The main obstacles to 100% renewable electricity worldwide are the business interests of coal, oil, gas, and nuclear, says Energy Watch Group (EWG) President Hans-Josef Fell, author of the 2000 German Renewable Energy Sources Act […]
Energy Community Secretariat welcomes first-ever renewable energy support auction in EnC
The Energy Community (EnC) Secretariat has congratulated Albania on successfully completing the first-ever renewable energy support auction in the Energy Community, inviting other EnC Contracting Parties to follow in the country’s footsteps. “We warmly welcome the first renewables support auction in Albania and hope that it will be followed in all Contracting Parties. Renewable energy […]
EP approves 2030 target of 32% for renewables, 32.5% for energy efficiency, 35% for CO2 emissions cuts for trucks
The European Parliament (EP) has approved a binding 2030 target for renewables of 32% and an indicative target on energy efficiency of 32.5% that will play a crucial role in meeting the EU’s climate goals, according to a press release from the EP. By 2030, energy efficiency in the EU has to have improved by […]
Draft regulations discussed for Macedonia to introduce prosumers, premiums for PV, wind energy projects
A public debate was organized in Skopje on November 8 to discuss a draft rulebook and a draft decree to regulate the sector of renewable energy sources over the coming period, including prosumers and tendering procedures with electronic reverse auctions to award premiums to investors seeking to build PV and wind energy capacities. The draft […]