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Secretariat Welcomes Start of Implementation of Day-Ahead Market in Montenegro

The Secretariat welcomes the start of the implementation of a day-ahead market in Montenegro. BELEN, the power exchange company of Montenegro responsible for the establishment of a national day-ahead market, signed today...

Charging ahead: How to unlock the electric vehicle revolution

With 68 percent of people expected to live in cities by 2050, urban areas will be at the heart of the electric vehicle (EV) transition, which is well underway. The adoption of...

Launching Serbian Continuous Intraday Market

On July 25, 2023, at 10:00, SEEPEX successfully launched the Serbian continuous intraday electricity market! Sixteen out of the twenty registered participants in the SEEPEX intraday market actively took part on the first...

The EV Effect: Markets are Betting on the Energy Transition

The International Renewable Energy Agency (IRENA) has calculated that USD 2 trillion in annual investment will be required to achieve the goals of the Paris Agreement in the coming three years. Electromobility has...

Integration of National Energy Markets Leads to Safer Future

SEEPEX represents an organised electricity market in the Republic of Serbia. In its complexity and applied concept, it is a unique market in the South East Europe (SEE) region, and it brings...

Dutch Government Confirms Zero-Subsidy Wind Farm Will Go Ahead

The Dutch government's decision to hold the first zero-subsidy auction for offshore wind has paid off, with the government announcing yesterday that bidders have come forward and the site will be developed...

Government Delivers £557m Green Energy Boost Ahead of Clean Growth Strategy Launch

The government has announced a further £557m of support for green energy projects ahead of the imminent launch of its flagship Clean Growth Strategy, which is expected later this week. Building on the...

China Holds On to Renewables Market Top Spot

China remains the most attractive market for renewables ahead of both India and the US, while the Middle East and North Africa are becoming increasingly important regions for clean energy activity, according...

Vietnamese 800 Megawatt Phu Cuong Wind Farm Gets Official Go-Ahead

Seven months after it was first proposed the massive 800 megawatt Vietnamese Phu Cuong Wind Farm has been officially formalized under a $2 billion Joint Development Agreement between GE Renewable Energy, Mainstream...

Wind Turbine Market Set for Rollercoaster Ride Through to 2020

The global market for wind turbines is set for a bumpy ride over the next five years, as analysts predict it will grow to $81.14bn in 2019, before dropping back to $71.21bn...

Costa Rica Powers 285 Days of 2015 With 100% Renewable Energy

In March, EcoWatch reported that Costa Rica powered the first 82 days of the year solely with renewable energy. Now that we’re closing in on the end of the year, the Costa...

The Serbian Electricity Exchange Ensures the Highest European Standards

After almost a decade since its foundation and becoming operational in February 2016, the Serbian Electricity Exchange (SEEPEX) has firmly positioned itself not only as an important support provider in green transition...

Encouraging Competitiveness in Buying and Selling Electricity

As an energy entity responsible for organizing and managing the electricity market in Montenegro, the Montenegrin Electricity Market Operator (COTEE) continuously works to improve this segment while following trends and changes in...

Number 36 – June 2024

Another school year has drawn to a close, and the season of vacations and enjoying the summer has begun. We’ve been busy, too. In line with the season, we’ve prepared a new...

Renewables and Grid Flexibility Would Slash Electricity Prices by a Quarter by 2030, by a Third by 2040

Boosting renewables, electrification and flexibility would structurally ease electricity costs for consumers, increase European competitiveness, and reinforce the business case for solar. New modelling shows that electrification and flexibility can slash average day-ahead...

Innovative Technology is the Key to Creating a Sustainable Future

The Siemens company published a global report on sustainable development for the fiscal year 2023, which pointed out that the development of technology is one of the key answers to the challenges...

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