Greece had SEE’s highest Q2 wholesale electricity prices, Bulgaria lowest – EC quarterly report
In the South-East European (SEE) region, wholesale baseload prices were the highest in Greece in Q2 2018, at EUR 56 per MWh, while the quarterly average price in Bulgaria had a discount of EUR 22 per MWh. Prices in Serbia and Croatia were by EUR 15 per MWh and EUR 13 per MWh, respectively, below the […]
Global warming report calls for “unprecedented changes” in all aspects of society
The Intergovernmental Panel on Climate Change (IPCC), the leading world body for assessing the science related to climate change, has issued a report that calls for “rapid, far-reaching and unprecedented changes in all aspects of society” to limit global warming to 1.5°C. The Special Report on Global Warming of 1.5°C was approved by the IPCC […]
Serbia already has prosumers, but regulatory unknowns curb feeding excess energy into grid
Who are prosumers, and what are aggregators? The Serbian public is not quite informed yet, but decision makers and experts at the country’s public companies, energy regulator, and universities are not only aware of the coming trend, but are discussing the technical and regulatory requirements of connecting prosumers to the grid at gatherings such as […]
Croatia offers farmers EUR 20.2 million in renewables grants
Croatia’s Paying Agency for Agriculture, Fisheries and Rural Development (APPRRR) has invited applications for renewables grants to co-finance agricultural producers’ investments aimed at improving energy efficiency, according to an invitation available on the agency’s website. The renewables grants can be used to develop facilities for the production of electricity and/or heat energy from renewable energy […]
Czech embassy invites non-profit legal entities to apply for renewables grants
The Czech Embassy in Bosnia and Herzegovina (BiH) has invited non-profit legal entities to apply for grants of between BAM 18,900 and BAM 37,800 (approx. EUR 9,650 and EUR 19,300) for projects in the field of renewable energy sources to be carried out in 2019 under the Local Small Scale Projects program, according to an […]
Terna secures financing from EIB, Alpha for two wind farms in Greece
Greece’s Terna Energy Group has secured financing for the construction of two 44 MW wind farms on Mt. Vermio in northern Greece. The European Investment Bank (EIB) extended a EUR 24 million loan, while Alpha Bank acted as co-lender providing an equivalent amount of long-term debt next to a medium-term VAT facility. The EIB’s loan […]
Greece’s PPC unveils plan to boost share of renewables, expand to other markets
Greece’s majority state-owned power utility, Public Power Corporation (PPC), has developed its 2018-2022 strategic and business plan with the support of its advisor, envisaging the company’s expansion to foreign markets and boosting the share of renewables in its overall energy generation mix, among other matters, according to an announcement from PPC. The advisor is consulting […]
Cyprus preparing plan to cut GHG emissions, plastic waste – minister
Cyprus will complete a new national plan for climate and energy within the year to address cutting GHG emissions and plastic waste, Agriculture, Rural Development, and Environment Minister Costas Kadis said during a recent discussion in the Cypriot parliament. For his part, Theodoulos Mesimeris, Head of the Climate Change Unit at the ministry’s Department of […]