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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...
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...
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...
Watts to Wheels: Why EV-Battery Innovation is Key to Sparking a Renewable Revolution
Increasing the uptake of electric vehicles (EVs) is a fundamental part of accelerating the renewables-based energy transition and getting us onto the 1.5°C pathway. The uptake of EVs holds the potential to...
Oman’s Quest for Net Zero: A Renewable Hydrogen Strategy
In a groundbreaking move, Oman is gearing up to become a global leader in the renewable hydrogen industry. This information is outlined in a new report by the International Energy Agency (IEA)...
Renewable power on course to shatter more records as countries around the world speed up deployment
Global additions of renewable power capacity are expected to jump by a third this year as growing policy momentum, higher fossil fuel prices and energy security concerns drive strong deployment of solar...
THERE IS NO ALTERNATIVE TO RENEWABLE ENERGY
According to some estimates, the usage of RES (renewable energy sources) will cover 70–80 per cent of all humanity’s energy needs by 2050. Although the most important purpose of using RES is...
Energy Efficiency and Renewables are Instrumental for Countries in the Greater Horn of Africa to Provide Energy for all
Energy infrastructure in the greater Horn of Africa has struggled to keep pace with a fast-growing population, creating a formidable hurdle for the region’s buoyant economies that can best be overcome through...