Representatives of the Government of Montenegro and Masdar discussed potential joint projects in the energy sector. The focus of the meeting was on solar energy, energy storage, and hydropower. Minister of Energy and Mining of Montenegro Admir Šahmanović and the Minister of Public Works Majda Adžović met today at Villa Gorica in Montenegro’s capital Podgorica […]
In cooperation with the Jožef Stefan Institute, the Ministry of the Environment, Climate and Energy has issued the first national assessment of climate vulnerability and risks for the energy sector. The analysis shows that the sector is moderately vulnerable under current climate conditions. The main threats to the energy sector in Slovenia are floods, fires, […]
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 number of power purchase agreements in Europe decreased by 60% compared to the same period last year, while contracted capacity has dropped by 40%, according to RE-Source Platform. Europe’s power purchase agreement (PPA) market is facing headwinds in grid development, permitting and electrification and from negative electricity prices, RE-Source Platform warned. RE-Source Platform facilitates […]
After three years of delays, Croatia is finally close to adopting a methodology for the calculation of the grid connection fee for renewable power plants. Investors have repeatedly urged the authorities to enact the document, arguing it was the main obstacle to investments in renewable energy sources. The Croatian Energy Regulatory Agency (HERA) said it […]
Reliance on a single source or supplier is a risk of the past – the future belongs to diversified, sustainable, and safe energy solutions, Minister of Energy, Mining and Mineral Resources of North Macedonia Sanja Božinovska said at the opening of the 14th International Forum on Energy for Sustainable Development in Skopje. The three-day International […]
RatedPower, a leading provider of software for PV plant and BESS design and engineering, has organized a webinar to present its solutions that make it faster and easier for developers and contractors to design and build PV and battery storage facilities, helping increase their efficiency and profitability. The online event included a step-by-step demonstration of […]
The transmission system operator of North Macedonia – MEPSO, France’s development agency Agence Française de Développement (AFD), and RTE International signed an agreement for a grant intended to support the Balkan country’s transmission system. At the same time, the Ministry of Energy, Mining, and Mineral Resources signed a joint declaration with AFD, officially welcoming the […]
The second line of the submarine cable connecting Montenegro and Italy is expected to be completed by 2031, Montenegro’s Minister of Energy and Mining Admir Šahmanović said at the European Union – Montenegro Investment Conference. The two-day conference, titled Smart Growth, Green Future: Accelerating Investment in Montenegro, was opened yesterday in Luštica, near Tivat, by […]