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Power-sector Emissions are Set to Fall in 2022. – Thanks to Renewable Energy

Since Russia’s invasion of Ukraine triggered an unprecedented global energy crisis, the world has been turning to other sources of power, besides oil and gas, to meet demand. Renewable energy has seen a...

EBRD Helps Montenegro to Scale Up Investments in Renewables

Montenegro plans to increase the share of renewables in its energy mix with a comprehensive programme of renewable energy auctions that will bring private investment into the sector. The European Bank for Reconstruction...

EBRD Loans USD 100 Million to Boost Renewables in Turkey

The European Bank for Reconstruction and Development (EBRD) is extending up to USD 100 million in financing to Adnan Polat Enerji Yatirimi A.S. (APEY) as part of a financing package jointly provided...

Energy Security: France Takes Emergency Measures to Boost Renewables

France gets around 20 per cent of its electricity from renewable sources – 8 per cent from wind energy, but it needs more to meet its climate goals while reinforcing energy security....

By the End of 2022, Serbia Will Have Three Times More Electricity From Solar Sources

This year, Serbia will have three times more electricity produced from solar panels, thanks to the simplified procedures and subsidies of this ministry, stated the State Secretary of the Ministry of Mining...

Mihajlovic: It is realistic that electricity will become more expensive, we have prepared a regulation for vulnerable population

Minister of Mining and Energy Zorana Mihajlovic said that she expects the price of electricity for citizens to rise and that the Regulation on energy-vulnerable customers has been prepared, which will help...

Development of the Electricity Network as a Key to a Greater Regional RES Integration

This process is unstoppable in developed countries, but despite the odds and good preconditions we have in this region to a more active approach to green transformation, the process is moving insignificantly....

Montenegro Introduces Auctions for Renewable Energy Sources

Montenegro plans to increase the share of renewables in its energy mix with a comprehensive programme of renewable energy auctions that will bring private investment into the sector. The European Bank for Reconstruction...

Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis

Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs. The cost of electricity from onshore...

Energy Community Power System Can Support at Least 30 GW of Renewables Without Additional Investments Into Flexibility

As the energy transition advances in the Energy Community Contracting Parties, the share of power generation from variable renewables such as wind and solar will increase manyfold. The Energy Community power system with...

Blue Economy Can Help Members Boost Offshore Renewables

“An important part of the solution to today’s energy crisis may lay with our oceans as a source of local and abundant renewable energy”, said Roland Roesch, Deputy-Director of IRENA’s Innovation and...

EU Energy Ministers Endorse Faster Permitting Of Renewables

The EU Energy Ministers have agreed their position on changes to the Renewable Energy Directive and Energy Efficiency Directive, paving the way for faster build-out of renewables and streamlined permitting for wind...

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...

Ocean Renewables: Powering the Blue Economy

Offshore renewables can play a key role in harnessing the benefits of the blue economy for sustainable development in Small Island Developing States (SIDS), said IRENA Director-General Francesco La Camera, at the...

EBRD Lends EUR 20 Million to Upgrade Bosnia’s Electricity Transmission Grid

The European Bank for Reconstruction and Development (EBRD) is lending EUR 20 million to Elektroprenos-Elektroprijenos (also known as TransCo), Bosnia and Herzegovina’s transmission system operator, for the modernisation and upgrading of its...

Renewables Take Lion’s Share of Global Power Additions in 2021

Renewable energy continued to expand steadily and well above the long-term trend, with share in total capacity expansion reaching a new record of 81 percent last year. New data released by the International...

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