Renewables

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

Photo: BGEN

Published

May 1, 2019

Country

Comments

0

Share

Published:

May 1, 2019

Country:

Comments:

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

north macedonia power exchange memo coupling eu brussels shutinoski

North Macedonia eyes first market coupling with some EU member state in 2026

19 April 2024 - Coupling electricity markets with EU countries is very important for the EU membership candidate states, MEMO CEO Simon Shutinoski said

Power-utilities-Greece-Cyprus-home-PV-systems-in-installments

Power utilities in Greece, Cyprus allow home PV systems to be paid in installments

19 April 2024 - Greece and Cyprus have enabled the installation of home PV systems to be paid in installments and without upfront costs

Hidroelectrica Masdar joint venture 2 GW Romania

Hidroelectrica, Masdar to set up joint venture for 2 GW in Romania

19 April 2024 - Hidroelectrica and Masdar agreed to jointly invest in photovoltaics, floating solar power and batteries in Romania

RenX Italia 120 MW wind power Albania

RenX Italia submits 120 MW wind power project in Albania

19 April 2024 - A subsidiary of RenX Italia requested from the Ministry of Infrastructure and Energy of Albania to install wind park Pogradec of 120 MW