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Secretariat Announces Support Measures for Regional Electricity Market Creation in the Western Balkans
The Work Programme for the provision of technical assistance to Western Balkan 6 Contracting Parties for supporting the creation of a regional electricity market was published today. It is aimed at removing...
Renewable Energy Made Up Record 21.7% of National Electricity Market in October
Australia’s renewable energy sector hit a record in October, with 21.7% of electricity in the national electricity market coming from renewables, according to the latest Cedex report.
That represents the biggest proportion of...
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...
From Grass to Electricity with the Help of Digesters
Over the years, growing dominant crops on land can lead to various environmental consequences, such as loss of biodiversity, soil erosion, and greenhouse gas emissions. Therefore, farmers are advised to revert parts...
Global Electricity Demand Set to Rise Strongly this Year and Next, Reflecting its Expanding Role in Energy Systems Around the World
The world’s demand for electricity is rising at its fastest rate in years, driven by robust economic growth, intense heatwaves and increasing uptake of technologies that run on electricity such as EVs...
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...
New Analysis Reveals European Solar Battery Storage Market Increased by 94 per cent in 2023
Latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS); a 94 per cent increase compared to 2022. This marks the third...
Electricity and gas prices stabilize in 2023
After a significant increase in prices that started before the Russian invasion of Ukraine, but skyrocketed through the second semester of 2022, electricity and gas prices are stabilizing. The prices of energy...
MORE ELECTRICITY FROM RENEWABLE SOURCES IN MONTENEGRO
Elektroprivreda Crne Gore (EPCG) has embarked on a substantial investment cycle in the segment of renewable energy sources and investments in numerous new green energy projects. One of these is the Solari...
Declining electricity consumption in advanced economies is weighing on global demand growth this year
EU electricity demand set to drop to lowest level in 20 years, but with global consumption expected to increase strongly in 2024, growth of renewables is more important than ever.
Overall growth in...
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 COMPANY ENERGETIK ENERGIJA D.O.O. CONQUERS THE BALKAN MARKET
Research said that solar and wind energy has expanded during the past several years, and now they make up more than 10 per cent of global electricity. When it comes to solar...
Mihajlovic: With Discounts, we Want to Encourage People to Save, we are Struggling to Have Enough Electricity
Deputy Prime Minister and Minister of Mining and Energy, prof. Zorana Mihajlovic, Ph.D., said that the recommendations for reducing consumption proposed by the Ministry can bring savings of 15 percent and at...
Macedonian Energy Regulator Joins ACER’s Electricity Working Group
On 23 May, the Agency for the Cooperation of Energy Regulators (ACER) and the Energy and Water Services Commission of North Macedonia (ERC) signed an agreement that formalizes ERC’s participation in ACER’s...
Berlin Pushes For a 60 Euros Minimum Price on EU Carbon Markets
Discounting allegations of speculation on the EU carbon market, Berlin is throwing its weight behind a minimum price of 60 euros per ton of CO2, saying it will ensure this through national...
