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Record Reduction of 2023 ETS Emissions due Largely to Boost in Renewable Energy
Last year’s emissions under the EU’s Emission Trading System (ETS) show the most significant annual emissions reductions since the ETS was launched in 2005. The main driver is the power sector’s significant...
GERMANY: WIND POWER EXCEEDS THE SHARE OF COAL IN ELECTRICITY GENERATION
In 2023, Germany achieved more good results when it came to electricity production. According to the data collated by the Federal Statistical Office - Destatis, last year this country produced 11.8 percent...
CROATIAN ENERGY MIX – RENEWABLE SOURCES EXCEED NON-RENEWABLES AND NPP KRSKO
The relevant January data showed that renewable energy sources in Croatia were the dominant source of electricity production compared to non-renewable ones.
As usual, hydropower plants had the biggest share in renewable energy...
IEA: HALF OF ELECTRICITY COULD COME FROM LOW-EMISSION SOURCES BY 2026
The demand for electricity in the next three years is expected to grow by an average of 3.4 percent. About 85 percent of the increase in global demand is projected to come...
CROATIA GENERATED THE NEEDED POWER FROM RENEWABLE SOURCES FOR FOUR DAYS
In December 2023, Croatia made a significant step forward in generating electricity from renewable sources, which had a 19.5 per cent share in the total available electricity, excluding hydroelectric plants, thus ranking...
The EU built a record 17 GW of new wind energy in 2023 – wind now 19 per cent of electricity production
According to WindEurope data, the EU built 17 GW of new wind farms in 2023: 14 GW onshore; 3 GW offshore. These numbers are slightly up on 2022 and are the most...
Massive expansion of renewable power opens door to achieving global tripling goal set at COP28
The world’s capacity to generate renewable electricity is expanding faster than at any time in the last three decades, giving it a real chance of achieving the goal of tripling global capacity...
Financial headwinds for renewables investors: What’s the way forward?
The impressive growth in clean energy investments in recent years has been led by renewable power. Annual spending on solar PV and wind projects has risen by more than USD 300 billion...
RENEWABLE SOURCES KEY TO ENERGY SECURITY
Warm sea, pleasant climate and authentic architecture - this is perhaps the shortest description of one of the most popular tourist destinations on the European continent and the largest country on the...
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...
RENEWABLE ENERGY SOURCES ARE THE WAY OUT OF THE ENERGY CRISIS
The energy crisis showed us how vulnerable we are and how fragile our energy safety is. The war in Ukraine, which caused an unprecedented increase in electricity prices, exposed all the flaws...
Stepping up in renewables towards energy stability
Alessandro Bragonzi, Head of Regional Hub for the Western Balkans, one of the participants in the OIE Serbia 2023 conference, organized by the Association of Renewable Energy Sources of Serbia, wrote for...
INVESTING IN RENEWABLE ENERGY POWER PLANTS
In this article, I will focus only on those electricity sources that use renewable energy, which I know relatively well. These are small hydroelectric power plants, wind farms, solar power plants and...
NEW INVESTMENTS IN RENEWABLE ENERGY SOURCES ARE A SURE WAY TO THE ENERGY TRANSITION
The energy transition is a serious, complex, and longterm process that must be fair. It happens on two tracks – electric power through the construction of new renewable energy sources capacities and...
Renewables Competitiveness Accelerates, Despite Cost Inflation
The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil...
BIOMASS IS ONE OF THE MOST IMPORTANT SOURCES OF RENEWABLE ENERGY
Official data show that biomass is one of Serbia’s most significant renewable energy potentials, especially regarding agricultural biomass. Unfortunately, its potential is almost untapped.
Serbia ranks fifth in Europe in heat energy production...
