A careful and organized course is required to achieve the energy transition in Cyprus, support the industry and strengthen the economy, ensuring sustainable solutions for the country’s energy future, new Minister of Energy, Commerce and Industry Michael Damianos said. He took over from his predecessor George Papanastasiou. Five ministers were replaced in a cabinet reshuffle […]
Power utility Elektroprivreda Crne Gore has launched its second battery energy storage system procurement tender. The required capacity is drastically lower than in the first call. The initial public procurement was canceled because state-owned energy company Elektroprivreda Crne Gore (EPCG) didn’t obtain approval from the Government of Montenegro to take a loan for a EUR […]
The Greek solar sector is at a crossroads, as growth and profitability will be dictated by energy storage installations. The levelized cost of energy (LCOE) for fixed-tilt utility-scale photovoltaics in the country is EUR 33 per MWh, among the lowest in Europe, according to Wood Mackenzie. It is expected to drop further in the following […]
Public Power Corporation has received funds to speed up its Mesochora hydropower project, stalled for 24 years. The Greek Ministry of Environment and Energy announced that the procedures to complete the Mesochora hydropower plant (HPP) in Trikala would be significantly accelerated, ending a 24-year period of judicial deadlock and construction suspension. Of note, the project […]
Montenegro is facing its most challenging year for the energy sector, Minister of Energy and Mining Admir Šahmanović stressed. State-owned power utility Elektroprivreda Crne Gore (EPCG) will suffer a loss of around EUR 80 million given that the Pljevlja coal power plant is offline, while electricity consumption is rising amid increases in prices of other […]
Due to record air pollution levels in recent days, the Municipality of Kakanj requested that the local coal-fired power plant’s activity be reduced to supplying thermal energy for district heating only. The thermal power plant says it has already done so. After “unprecedented” amounts of pollutants were measured in Kakanj, Mayor Mirnes Bajtarević asked the […]
Global car sales growth is predominantly driven by sales of electric and hybrid cars. Sales of pure internal combustion engine cars peaked in 2017 and have since fallen by 30% while the sales of electric cars achieved a 14-fold increase, according to the latest report, called What Next for the Global Car Industry? The International […]
Croatia’s capital, Zagreb, intends to invest EUR 56 million in waste management, green areas, and low-emission machinery. It expects the investment to reduce the environmental footprint of its municipal utilities and their operating costs. Zagreb Holding (ZGH), the umbrella firm for the city’s utility companies, has requested approval from the authorities for a long-term EUR […]
The city of Kozani in northern Greece, home of the country’s dwindling lignite industry, is seeking a contractor for seven photovoltaic systems of 7 MW overall. The municipality said the power plants would supply its buildings, public lighting, pumps and drilling rigs as part of the country’s first energy community led by a local authority. […]
The Serbian Law on Greenhouse Gas Emissions Tax and Law on Carbon-Intensive Product Imports Tax, both at EUR 4 per ton of CO2 equivalent, are coming into effect on January 1. It is the country’s answer to and equivalent of, respectively, the European Union’s Carbon Border Adjustment Mechanism (CBAM). Notably, several bylaws are still required for […]