Biodiesel in Serbia drying up from levies
Serbian drivers of diesel vehicles should already be pouring a share of 10% of biodiesel into tanks, as stipulated in obligations in the process of accession to the European Union. The deadline for implementation is 2020, while petrol stations still don’t have any biofuel in offer, as the government directive on mixing it with diesel […]
Romania revising national energy strategy
This year, the National Energy Strategy of Romania will be reviewed. Energy minister Victor Grigorescu ensures this does not mean that everything will start from zero, Romania Journal reported. “I think we are a major player in the region and this is not just a statement, but a fact. We export energy, sometimes even 10% of […]
SINN Power testing wave energy conversion in Heraklion
A wave energy converter module was installed at the Port of Heraklion to measure generated electricity and evaluate long-term functionality of components. The project by SINN Power was launched by shattering a bottle of champagne. The first tests were performed in November and the port authority aims to use wave energy to power its facilities. […]
Croatia paid EUR 410 million so far in incentives for renewables
Since 2007, when stimulation of renewable energy production started in Croatia, until the end of 2015, HRK 3.07 billion (EUR 410 million) has been paid to preferential producers. Last year alone, the budget was over EUR 133 million and, as the number of power plants rises and the amount of bought electricity increases, by the end […]
Turcas Petrol to enter energy market in Iran
Turkish energy company Turcas Petrol is looking at entering the Iranian energy market through investments in oil, gas or renewables, following the lifting of most of the sanctions against the Islamic Republic. “We believe we must definitely be in Iran,” company’s chief executive Batu Aksoy told journalists, as reported by Hürriyet Daily News. At a time when […]
Attractiveness of Turkish market growing with renewables
Turkey, despite the problems in the surrounding Middle Eastern region, is a good country to make energy investments, according to the head of Energy Council of Foreign Investors, Anadolu Agency’s Energy News Terminal reported. Mario Diel said in an interview that domestic electricity and natural gas markets are new, developing and ripe for foreign investors to profit. He […]
Green energy producers in Romania facing losses
Renewable Energy Producers Organization in Romania (PATRES) started a protest movement in order to present the difficult financial position of investors in this field, the Business Review reported. According to a press release of the organization, the companies are registering losses of around EUR 201 million due to constant changes in legislation. The renewable producers have been […]
City of Gaziantep unveils climate change action plan
The European Bank for Reconstruction and Development (EBRD) said it is supporting the southeastern Turkish city of Gaziantep in an ambitious set of policies to tackle climate change by cutting emissions by 20% by 2023. The plan for dramatic improvement in the environment is laid out in a comprehensive document launched by deputy mayor Latif […]