Global installed energy storage is on a steep rise and is expected to increase ninefold by 2040, to over 4 TW, driven by battery energy storage systems (BESS), which saw record growth in 2024, according to a report by Rystad Energy. In recent years, the cost of storing electricity has dropped significantly thanks to the […]
Carbon capture, utilization and storage (CCUS) is a must for the future of the cement industry, Greek Prime Minister Kyriakos Mitsotakis said at the launch ceremony for Heracles Group’s Olympus project. It is one of the very first CCUS plants in Greece, valued at EUR 380 million. The unit in the group’s Milaki cement production […]
Project Manager and Market Intelligence Specialist Nikolaj Candellari from CyberGrid said at the Belgrade Energy Forum 2025 that the company believes in the energy transition in Southeastern Europe and is contributing with its VPP solutions. The Austrian software developer is open to partnerships with aggregators or future aggregators and the region’s electricity transmission and distribution […]
Croatia has earmarked EUR 25 million for households at risk of energy poverty. They will use the funds for the energy renovation. The subsidies for households at risk of energy poverty are part of a EUR 652 million package for 2025 launched by the Ministry of Environmental Protection and Green Transition and the Environmental Protection […]
Kosovo’s decision to liberalize its electricity market threatens to spark a new crisis, as business consumers face significantly higher prices compared to the current, regulated rates. As a warning, disgruntled business owners plan to block the main roads leading into the capital, Prishtina, for two hours on Thursday, May 29. Starting on June 1, businesses […]
The surge in the number of hours with negative wholesale electricity prices in Europe made 2024 the second consecutive record year. According to ACER’s Director Christian Zinglersen, it means a new era is here. Speaking at Belgrade Energy Forum – BEF 2025, he called on governments, regulators and system operators to tackle the issue with […]
Slovenia-based NGEN, widely regarded as the most innovative energy company in the SEE region, is expanding throughout Europe with its software platforms and equipment, as well as battery energy storage systems for decentralized grids that enable scaling up the decarbonization of the electricity sector. Co-Founder and CEO Roman Bernard said at the Belgrade Energy Forum […]
Digitalization and massive use of data are crucial for providing flexibility services that bring benefits for transmission system operators and renewable energy producers. Aggregators and software firms have developed the technological solutions. However, the process, together with the introduction of flexibility platforms, requires a long time. The reforms also have to be accompanied by market […]
German, Kosovar, French and Turkish companies submitted documentation to qualify for the first wind power auction in Kosovo*. The plan is for the government to have a share of up to 49% in selected projects. The Ministry of Economy of Kosovo* has publicly opened the applications within the qualifications call for the first wind power […]
Fortis Energy is working on renewable energy projects of 2 GW altogether in Southeast Europe. One half of the planned capacity is for solar and wind power plants in Serbia, Chief Operational Officer Velimir Gavrilović said at Belgrade Energy Forum (BEF 2025). Turkey-based Fortis Energy’s projects Noćaj 1 and Noćaj 2 in Serbia for solar […]