CROPEX sells largest number of guarantees of origin so far
Croatian power exchange CROPEX said it has held its fourth auction of guarantees of origin (GO), selling 274,482. It is the highest number so far. In the first auction, CROPEX sold 263,889 GOs and the tally was 194,049 in the second one, followed by 166,779 in the next round. At the fourth auction of GOs […]
Public call for local projects near wind park Kovačica to expire on Dec. 15
Electrawinds K-Wind Doo is preparing to analyze applications by nonprofits from Kovačica, in a rare program for local support. The operator of the largest wind park in Serbia, located north of capital Belgrade, is granting as much as EUR 5,000 per project. Organizations active in the municipality can fill the form by December 15 for […]
Next decade to be pivotal one for energy sector in SEE – IRENA report
The adoption of an energy mix consistent with the Paris Agreement would create a cumulative addition of USD 485 billion in gross domestic product between 2019 and 2050 in Southeastern Europe (SEE), according to a report produced by the International Renewable Energy Agency (IRENA). The document, announced at a regional workshop in Sarajevo in June, […]
Renewables’ capacity in Croatia projected at 1.9 GW for 2030
Analysts have calculated that the share of 36.4% in gross final energy consumption, targeted in Croatia’s strategy for the next decade for renewable sources, is equivalent to 1.9 GW. GlobalData said in its report that the projected level doesn’t include small hydropower. Authors updated the outlook and attributed the surge in green energy’s stake mostly […]
CROPEX sells 166,779 guarantees of origin in third auction
Croatian power exchange CROPEX has sold 166,779 guarantees of origin (GO) through the IT trading platform, in its third auction of GOs, according to a press release from CROPEX. “In the third guarantees of origin auction for electricity from incentivized producers (Q3/2019) held on October 18, a total of 166,779 GOs was sold at a […]
Energy transition – A challenge with no historical precedence (part one)
Author: Goran Granić, director of Energy Institute Hrvoje Požar The energy sectors of all countries are facing a great challenge, a transition amid continuous reduction in CO2 emissions, which is a challenge with no historical precedence and which involves all participants in the technological chain of energy management, all citizens, and all economic entities. At […]
Consultant sought to help launch renewable energy auctions in Kosovo*
The European Bank for Reconstruction and Development (EBRD) has invited expressions of interest in providing it with consultancy services in order to support the Government of Kosovo* in developing and implementing a competitive scheme for the award of future support to renewable energy generators. The EBRD previously engaged with the Kosovo* authorities on the development […]
Energy Vault – energy storage made of concrete blocks and cranes
Concrete blocks and cranes that is all that you need to store electricity. How? Simple. The crane uses excess energy from renewables to lift concrete blocks, and when the power is required, the crane lifts blocks, and the generator produces it. The process is similar to a pumped-storage hydropower plant (HPP), with water substituted with […]
