The fossil fuel age is crumbling, according to UN Secretary-General António Guterres. Renewables maintained their cost leadership in global power markets, the International Renewable Energy Agency said in an annual report. In 2024, onshore wind farms were the cheapest of all versus the lowest-cost fossil fuel alternatives, by 53% on average, while photovoltaic systems were […]
Rolls-Royce SMR and Czech utility ČEZ have signed an early works agreement. It paves the way for site-specific work on their small modular reactor project at the Temelín nuclear power plant. British Prime Minister Sir Keir Starmer and Czech Prime Minister Petr Fiala have signed a deal to work together to seize SMR export opportunities, […]
The Ministry of the Environment, Climate and Energy of Slovenia launched a public call for cofunding the construction or restructuring of district heating and cooling systems using renewable energy sources. The grants, for companies and cooperatives, are from the European Union’s cohesion support mechanisms. The introduction of renewables-based district heating and cooling systems reduces pollution, […]
The Republic of Serbia and Germany’s KfW Development Bank signed a loan agreement on July 18 for EUR 135 million for the second phase of the credit program Green Transition Development Policy Operation (DPO II). The signatures underscore the joint activities by Germany and Serbia aimed at a climate-compliant and socially just energy transition, said […]
The ninth Energy Community Summer School has kicked off in Montenegro, gathering 40 participants from 28 countries. On July 19, forty young professionals and researchers from 28 countries convened at the Faculty of Maritime Studies in Kotor, Montenegro, to dive deep into the pressing technical, political, and economic issues driving the energy transition, according to […]
The largest solar power plant in Slovenia has only 7.1 MW in peak capacity and a 5 MW grid connection. The facility in the country’s southwest, on the border with Italy, has begun regular operation, according to its developer Moja elektrarna. Slovenia is mostly leaning on small photovoltaic and battery storage installations for its renewables […]
The number of power purchase agreements (PPAs) for renewables in Europe fell by 31% and the volume tumbled 26% in the first half of the year from the levels in the same period of 2024, Pexapark found. Germany and France registered sharp declines in the photovoltaics segment, but a surge in Italy and Spain has […]
The Energy Community Ministerial Council held its annual informal meeting in Athens, where the organization was founded twenty years ago. No contracting party is expected to meet the criteria for exemption from the Carbon Border Adjustment Mechanism (CBAM) in the electricity sector – the European Union is due to start charging the CO2 tax on […]
Within the European Union’s proposed budget for the period from 2028 to 2034, the EUR 409 billion European Competitiveness Fund is for investments in strategic technologies, including for the clean transition and decarbonization. The new Connecting Europe Facility (CEF), worth EUR 81.4 billion, would finance the completion of Trans-European Networks and foster the EU’s green […]
Bulgaria-based International Power Supply (IPS) is opening a factory for battery energy storage systems using proprietary technology. The Exeron X-BESS is one of only six strategic projects in the European Union with a designation under the Net Zero Industry Act. Minister of Economy and Industry of Bulgaria Petar Dilov met with Chief Executive Officer of […]