Enel: Romanian energy crisis will hit the renewables sector
The energy crisis in Romania will imminently hit the renewable energy sector, said Georgios Stassis, general manager of the power company Enel Romania. He warned that the young energy market in Romania is facing its first exceptional challenge. “The prices are at their highest levels in decades, the system is close to its functioning limit, […]
IRENA: South East Europe has vast renewable energy potential of 740 GW
South East Europe has huge potential of renewable energy equal to about 740 GW, according to a new study from the International Renewable Energy Agency (IRENA). The report “Cost-Competitive Renewable Power Generation: Potential across South East Europe” was released at a high-level meeting preceding the opening of the seventh session of IRENA’s Assembly in Abu […]
Serbia’s first wind park launched at Kula
MK-Fintel Wind a. d. officially opened its 9.9 MW wind power plant in the country’s northwest, after an investment of EUR 15 million. Energy minister Aleksandar Antić said on that occasion three directives will be adopted soon to define the new model for the power purchase agreement (PPA) in the field of renewable energy sources, […]
Smart grids could be Europe’s shale gas
Infrastructure for balancing intermittent solar and wind energy with flexible power demand could do for Europe what shale gas has done for the United States, European Commission Vice President Maroš Šefčovič said on April 2, EurActiv.com and Reuters reported. Smart grids are crucial for EU single energy market plans as they could integrate more renewables […]
