‘Subsidised’ is cheaper. Now what?
With the current surge, the market price of electricity surpassed the highest levels from power purchase agreements in Montenegro. Here's what is next.
Bulgarian government to subsidize electricity price for industrial consumers
Prices have increased 72% from the beginning of the year, and today the price on the day-ahead market is at EUR 133 per MWh.
Serbia launches program to subsidize households to install solar panels
The program has started with a public call for the allocation of subsidies to local authorities.
Croatia to take loan to pay incentives for renewable energy producers
Croatian energy market operator HROTE will take a EUR 13.3 million loan to pay subsidies for renewable energy power plants.
G20 countries directed more funds to fossil fuels projects than to renewables
Since the beginning of 2020, the G20 countries have committed at least USD 296 billion for fossil fuels and USD 227 billion for renewables.
European Parliament wants fossil fuel subsidies phased out by 2025
Members of the European Parliament said that all environmentally harmful subsidies should be phased out by 2027.
IRENA: faster energy transitions could boost expected global growth
Speeding up energy transitions to achieve the 1.5°C global warming target could boost the world's GDP by 2.4% per year within the next decade compared with current plans, IRENA says.
Serbia to allocate subsidies for using solar energy in agriculture
Under the competitive agriculture project, implemented jointly with World Bank, applicants could receive from EUR 10,000 to EUR 200,000.