An agreement between the Green for Growth Fund (GGF) and Swedish International Development Cooperation Agency (Sida) enabled the expansion of green lending in the Western Balkans and the European Union’s Eastern Neighborhood. With the new unfunded guarantee of EUR 60 million, GGF can provide EUR 120 million in loans through financial intermediaries and directly to […]
The development of grid infrastructure in the Western Balkans is a crucial step in the region’s energy transition. In support of the Green Agenda for the Western Balkans, GIZ, in cooperation with the Energy Community Secretariat, organized a Strategic Workshop on Power Grids, with a focus on a concrete action plan for the entire region. […]
Energy Community contracting parties are doing their best to meet the challenging requirements and use the opportunity to couple their electricity markets with the European Union in Q4 2026 or Q1 2027. Apart from other benefits, coupling could represent a strong incentive for investment in renewables. However, the introduction of CBAM could be a step […]
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 […]