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