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Is the ‘G’ Element in the ESG Concept Unjustifiably Neglected?

When analyzing individual ESG elements, the ‘G’ element is often overlooked due to the emphasis on climate risks, social implications and other ‘E’ and ‘S’ factors. In light of the growing recognition...

Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030

The Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity within their portfolios to 749GW by 2030*, an increase of...

Cooperation Between Sciece and Business for a Sustainable Future

Eight years have passed since the signing of the Paris Agreement, which set the goal of holding the global average temperature increase below 2°C compared to the pre-industrial levels, with the indication...

What is the Sun Tax and Why Some Countries “Punish” Their Prosumers?

There should be no obstacles for those who want to invest in renewable energy sources on the way to decarbonization of the energy sector. And yet, by introducing the so-called “sun tax”,...

Solving Problems With Higher Harmonics

The substantial energy efficiency and performance gains of using variable speed drives (VSD s) to control the vast number of electric motors, pumps and fans used in the water industry are well...

Clean energy is boosting economic growth

Clean energy is moving towards centre stage in the global energy system – and as its importance rises, a new clean energy economy is emerging. Clean electricity accounted for around 80 percent of...

Oil Demand Growing at a Slower Pace as Post-Covid Rebound Runs its Course

Global oil demand growoilth is currently in the midst of a slowdown and is expected to ease to 1.2 million barrels a day (mb/d) this year and 1.1 mb/d in 2025 –...

German Onshore Wind Sees Record Auction Volumes, Permitting Improvements and Crucial New Port Investments

German onshore wind is going from strength to strength. In a blockbuster announcement the German Federal Network Agency Bundesnetzagentur (BNetzA) has just raised the onshore wind auction volumes for 2024 to almost...

Ecology Embassy in the Culture Street

In a Belgrade neighborhood, the so-called Culture Street, there is a completely new and dynamic combination of culture and ecology – the first solar cultural centre in Serbia and beyond, called Eko...

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...

Energetik Energija Conquers the Regional Market

As one of the leading distributors of photovoltaic components in the Balkans, Energetik energija d.o.o. offers customers the best solutions in the field of photovoltaics. We discussed everything they did this year...

ESG In the Oil Industry – Sustainable Business Implies Responsibility

The focus of the last United Nations Summit on Sustainable Development Goals, which took place in mid-September, was precisely on fulfilling these goals. Officials warn that the situation is slowly but surely...

EBRD and Erste Approve Financing for new Windfarm in Serbia

The European Bank for Reconstruction and Development (EBRD), together with Erste Group Bank AG and its local bank Erste Bank a.d. Novi Sad (Erste), have approved a financing package worth 91.4 million...

Green Planet between Dystopia and Utopia

That day, at the front door of my building, I was intercepted by an upset neighbor with the announcement that “The lift is not working again!” I noticed that my neighbor was...

Old Mines Can Be Used for Energy Storage

In addition to renewable energy production facilities being built left and right, the energy transition we are striving for also requires the construction of energy storage facilities since the efficiency of renewable...

Record Growth in Renewables, but Progress Needs to be Equitable

Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that 2023 set a new record in renewables deployment in the power sector by reaching a total capacity...

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