Renewables

Top 3 in April: Renewables’ share of global capacity, Equinor, Bulgaria’s electricity export tariff

Photo: BGEN

Published

May 1, 2019

Country

Comments

comments icon

0

Share

Published:

May 1, 2019

Country:

Comments:

comments icon

0

Share

The International Renewable Energy Agency’s (IRENA) announcement that total renewable energy generation capacity reached a third of total installed electricity capacity worldwide at the end of 2018 made it to the number one spot on our English-language Top 3 Most Read list for April. The list is also available for our portal’s Serbian/local language version.

1 – Renewable energy reaches one-third of global power capacity at end-2018

Renewable capacity expansion continues to be driven mostly by new installations of solar and wind energy, which accounted for 84% of all new capacity installed in 2018, finally pushing the overall share of hydro to just under 50%. For the first time total renewable energy generation capacity reached a third of total installed electricity capacity, or 2,351 GW, at the end of last year.

Renewable energy reaches one-third of global power capacity at end-2018

2 – Norway’s Equinor looking into offshore wind in Greece

Norway’s oil and wind energy company Equinor is in an early stage of identifying opportunities concerning offshore wind in Greece, according to a statement from the company, formerly Statoil.

“Due to excellent wind conditions offshore, deep waters and the strong industrial/yard and maritime tradition Greece is well positioned to become an important area for floating offshore wind. We are hopeful that there will be a business case for floating offshore wind in Greece,” Eskil Eriksen, press spokesperson at Equinor, said in a statement to Balkan Green Energy News, adding that the company is “still in an early stage in identifying opportunities within offshore wind in Greece.”

Norway’s Equinor looking into offshore wind in Greece

3 – Bulgaria to remove electricity export tariff from July 1, take 750 MW of renewables to free market

Bulgaria’s electricity export tariff will be abolished from July 1, according to a draft proposal of changes to the energy law, the ICIS portal reported.

The changes will also bring 750 MW of renewable capacity to the free market, creating more competition and liquidity.

Bulgaria to remove electricity export tariff from July 1, take 750 MW of renewables to free market

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Trump scraps US climate policy blocks offshore wind exits Paris Agreement

Trump scraps US climate policy, blocks offshore wind, exits Paris Agreement

21 January 2025 - President Donald Trump substantially reversed the US energy and climate policy. He is withdrawing the country from the Paris Agreement again.

Hungary suffers highest cross-border electricity price volatility spillovers in EU

21 January 2025 - IMF has examined wholesale electricity price volatility and its spillover effects across 24 countries in the European Union

Trump declaring energy emergency Drill baby drill

Trump declaring energy emergency to ‘Drill, baby, drill’

20 January 2025 - In his inauguration address, United States President Donald Trump vowed to bring energy prices down, with an emphasis on raising oil and gas production

serbia azerbaijan gas power plant nis memorandum eps srbijagas dubravka djedovic

Serbia to sign gas power plant memorandum with Azerbaijan

20 January 2025 - Dubravka Đedović Handanović spoke about a gas power plant project in Serbia with Deputy Minister of Economy of Azerbaijan Anar Akhundov