Investors and developers of battery energy storage systems (BESS) should engage with insurers or specialized brokers as early as the development phase to effectively manage risks and ensure bankability, advised Dimitar Dimitrov, Business Development Manager at Renewable Energy Insurance Broker (REIB), during Belgrade Energy Forum 2025. With over 4 GWh of energy storage systems across […]
MET Group installed a battery energy storage system of 40 MW and a two-hour duration at its gas power plant Dunamenti near Budapest. The company said it is the largest BESS in Hungary. Hungary’s largest standalone battery energy storage system (BESS) has been inaugurated today. MET Group put into operation a facility of 40 MW […]
The global energy transition is picking up pace, with the World Economic Forum’s (WEF) latest report showing the fastest progress since before the COVID-19 pandemic. Overall improvement on the WEF’s Energy Transition Index (ETI) was recorded in 65% of the countries observed, with the Emerging Europe region posting the strongest growth. The report, titled Fostering […]
Greece is going to explore its options for the introduction of nuclear energy, according to Prime Minister Kyriakos Mitsotakis. Speaking during the Energy Transition Summit in Athens, Mitsotakis expanded on his previous statements about nuclear energy and its possible role in the Greek energy mix. “We are ready to join the Nuclear Alliance. This is […]
In 2024, Western Balkan governments’ chronic law enforcement failures allowed sulphur dioxide (SO2) pollution from the region’s antiquated coal power plants to exceed legal limits by six times, according to the Comply or Close report. The overall particulate matter (PM or dust) and nitrogen oxides (NOx) pollution from coal plants continued to exceed legal limits. […]
The Government of Serbia has secured a EUR 50 million loan to fund a series of air quality projects across several cities. The funds will primarily go towards replacing coal- and fuel oil-fired boiler rooms in six cities. For years, air pollution has been one of the biggest environmental issues in Serbia. Minister of Environmental […]
The five electricity distribution firms in Slovenia will invest more than EUR 150 million by the end of March 2026 in upgrading the network and the addition of smart grid components. Elektro Primorska, Elektro Ljubljana, Elektro Gorenjska, Elektro Celje, and Elektro Maribor will build 1,300 kilometers of low-voltage grid and 838 transformer stations with smart […]
The Government of Spain said the total blackout in the Iberian Peninsula, which occurred on April 28, was caused by overvoltage, with several factors contributing to the crash. Notably, the system run by the country’s TSO Red Eléctrica de España lacked sufficient voltage control. Deputy Prime Minister Sara Aagesen even said the point of no […]
In a celebration of youth-led climate action, the Energy Community Secretariat, together with Bankwatch, CAN Europe, RYCO, and CLEW, has launched the Just Transition Young Voices Award, spotlighting the importance of young people’s voices in shaping a just, equitable, and sustainable energy future. Balkan Green Energy News is an official media partner of the initiative. […]
The world’s first industrial-scale sand battery has been commissioned in Pornainen, Finland. It will use surplus renewable energy to generate heat, which will then be supplied to the local district heating network. The sand battery, which delivers one megawatt of thermal energy and has a storage capacity of 100 megawatt-hours, was installed for the district […]