A European energy system based on a high share of renewable energy is the cheapest scenario until 2050 for achieving the net-zero goal, when compared to an increased use of nuclear capacity, or hydrogen, or carbon capture and storage, and against a delayed energy transition, according to a study produced by Hitachi Energy for WindEurope. […]
The Government of Montenegro has adopted the National Energy and Climate Plan, along with a bill on cross-border electricity and natural gas exchange. The National Energy and Climate Plan (NECP) of Montenegro is the overarching strategy that clearly defines what the country should achieve by 2030: a 55% reduction in emissions, a renewable energy share […]
The six winners from the latest round of wind power auctions under the YEKA state support mechanism in Turkey will have at least EUR 35 per MWh guaranteed from the sale of electricity in the first six years. It was the floor price in the bidding. After it was reached for each zone, the remaining […]
Integration with the European Union is advancing in practice, and the decade ahead must sustain the momentum with focus and determination, Energy Community Secretariat Director Artur Lorkowski pointed out in this year’s Annual Implementation Report. Serbia fares best in the Western Balkans, as it advanced to 63% from 55%. Bosnia and Herzegovina is at the […]
Hydrogenera will integrate its electrolyzer with a gas burner at Volkswagen Poznań’s automotive factory in western Poland with the aim of cutting the consumption of the fuel as well as related emissions by up to 30%. The produced hydrogen and oxygen would both be utilized within the system, the Bulgarian company said. Hydrogenera, which was […]
Several high-profile green hydrogen projects have been canceled in the past year, and major companies reduced their decarbonization ambitions, the European Union Agency for the Cooperation of Energy Regulators (ACER) said in its new report. The technology is four times more expensive than production from fossil gas through steam reforming. Investments are far behind EU […]
Minister of Energy and Mining of Montenegro Admir Šahmanović met with several senior officials of the European Commission. The messages in Brussels regarding the Carbon Border Adjustment Mechanism (CBAM) were encouraging – changes in the regulation are being considered, including Montenegro’s demands, according to the ministry. Minister of Energy and Mining of Montenegro Admir Šahmanović […]
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 […]
The Green for Growth Fund (GGF) has partnered with ING Leasing Türkiye, a subsidiary of ING Türkiye, through a EUR 20 million financing agreement to help small and medium-sized enterprises (SMEs) invest in cleaner, smarter, and more efficient technologies, from energy-efficient equipment and machinery upgrades to self-consumption photovoltaic systems and other low-carbon solutions. GGF’s first […]