Tag: electricity

With the Expansion of Renewable Energy, the Number of Power Lines is Increasing – Will This Affect Our Health?

We could say that clean air and electricity are among the basic needs of modern humans, and satisfying one should not come at the expense of the other. Unfortunately, that is precisely...

EU Built 13 GW of Wind Energy in 2024, but 30 GW Annually Is Needed – What’s Slowing Development?

The European Union has set ambitious goals for wind energy, aiming for wind power to account for 34 percent of total electricity consumption by 2030 and over 50 percent by 2050. However,...

Ecological Transport as a Core Value

ProCredit Bank has been operating in Serbia for over two decades. Sustainability is not just a part of our corporate culture – it represents our essence, which we strive to integrate into...

Solar Power Plants – Long-term Profitability

Achieving energy independence has become a crucial issue for many countries and companies. Due to increasing concerns about climate change, instability in the fossil fuel market, and the need to reduce greenhouse...

Serbia’s Most Important Energy and Environmental Projects in 2024

In 2024, Serbia continued its path toward energy transition, sustainability, and a healthier environment. One of the first steps was the decision to double the funds allocated for the energy rehabilitation of public...

EBRD Supports the Largest Onshore Wind Project in Africa

The European Bank for Reconstruction and Development (EBRD) is promoting renewable energy and low‑carbon technologies in Egypt by arranging a syndicated loan worth 275 million USD for the construction and operation of...

Solar Power Plant “B2 Sunspot” Commissioned in Kikinda

The center of the North Banat District - Kikinda municipality - has gained another pillar of energy security after the trial operation of the "B2 Sunspot" solar power plant began on Friday,...

European solar sector issues yellow card as market data reveals 92 percent growth decline and investment slump

After four years of soaring growth, the EU solar sector has hit its first deployment slowdown of the 2020s, dropping from 53 percent growth in 2023 to 4 percent in 2024. This...

Renewables account for 24.5 percent of EU energy use in 2023

In 2023, 24.5 percent of gross final energy consumption in the EU came from renewable sources, up by 1.4 percentage points compared with 2022. This share is 18 percentage points (pp) short of meeting the 2030 target...

One year since the European Wind Charter: Lots achieved, lots more to do

In her 2023 State of the European Union speech, Ursula von der Leyen addressed the challenges facing Europe’s wind industry and announced a Wind Power Package to address key bottlenecks:Faster permitting; ...

IEA Launches New GPT Tool to Explore Flagship Energy Data and Analysis Using Artificial Intelligence

The IEA today released a new, AI agent for users to explore the 2024 edition of the Agency’s flagship World Energy Outlook – allowing anyone curious about the report’s findings to more...

Technology Breakthroughs are Unlocking Geothermal Energy’s Vast Potential in Countries Across the Globe

With global electricity demand set to grow strongly, new technologies are opening up the massive potential of geothermal energy to provide around-the-clock clean power in almost all countries around the world, according...

ABB Acquires Solutions Industry & Building to Expand its Cable Protection Systems

ABB announced today it has acquired Solutions Industry & Building (SIB), a leading manufacturer of construction industry building products and premium cable glands used to protect critical electrical equipment in industrial, railway...

Forests vs. Coal – What Are Montenegro’s Climate Challenges?

The recent Country Climate and Development Report – Montenegro, published by the World Bank, examines the country’s path toward achieving climate goals, emphasizing the need for strategic investments and the implementation of...

Adoption of the Draft Law on Amendments to the Energy Law

The National Assembly of Serbia has adopted the Draft Law on Amendments to the Energy Law, marking a significant step toward fulfilling the country’s obligations to the Energy Community. According to Dubravka Đedović...

Key Plans For North Macedonia’s Energy Future

North Macedonia is on the verge of significant changes in its energy sector, laying the foundation for energy independence. At a time when global energy challenges are increasingly present, the country faces...

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