Articles
Photo: Fatos BytyciRWE's full-year earnings jump 73% to EUR 6.3bn
March 21, 2023 | Nathan Witkop, MontelElectricity | Economy
RWE earnings rose 73% last year to EUR 6.3bn amid more renewables generation, better margins and an especially good trading result during a year of turbulent energy prices, the German utility said on Tuesday....
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Photo: EBRDLegislative gaps may delay Bulgaria’s first floating solar plant
March 20, 2023 | Yana PalagachevaElectricity | Renewables | Energy policy
Germany’s Profine Energy intends to install 500 MW-1 GW of floating solar capacity at the Ogosta dam in north-western Bulgaria, but legislative changes are needed before construction can begin, an official source has told Montel....
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Photo: MontelEC distributes 62% of free carbon allowances for 2023
March 20, 2023 | Nathan Witkop, MontelEnergy policy | CO2 emissions
The European Commission has distributed 62% of free allowances to industries entitled to them on the carbon market for this year, according to a status update released late on Friday....
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Photo: Energetika.NET archiveSlovenian utility developing EUR 2bn of energy investments – CEO
March 17, 2023 | Valerija HozjanElectricity | Renewables | Coal
The Slovenian power utility HSE is currently developing renewables and other energy projects representing EUR 2bn of investment, CEO Tomaz Stokelj said at an energy conference in Ljubljana on Wednesday....
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Photo: Fatos BytyciKosovo unprepared for energy transition – think tank
March 17, 2023 | MontelElectricity | Renewables | Energy policy | CO2 emissions | En.vision
The energy sector continues to be one of the most problematic in Kosovo’s economy due to an overreliance on coal and a lack of vision for renewables development, a Pristina-based think tank said on Thursday....
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Photo: MontelMontenegro mulls 33% windfall tax for firms with EUR 5m revenues
March 17, 2023 | Maja ŽuvelaElectricity | Energy policy | Economy
The Montenegrin government is considering a 33% corporate windfall tax for companies whose revenues exceeded EUR 5m in 2022 and 2023, which if adopted could be enacted this year....
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Photo: Roman PeklajBrussels plans EU bank to support green hydrogen
March 17, 2023 | Siobhan Hall, MontelRenewables | Energy policy | Economy
The European Commission plans to set up a Hydrogen Bank to support renewable hydrogen production in both the EU and internationally, it said on Thursday....
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Photo: www.dnv.comEC wants 40% of net-zero technologies made in EU by 2030
March 16, 2023 | Siobhan Hall, MontelRenewables | Energy policy | CO2 emissions | New technologies | Economy
The European Commission wants the EU to make at least 40% of the strategic net-zero emission technologies it needs by 2030 to support its energy transition and supply security under draft rules proposed on Thursday....
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Photo: Roman PeklajBiH to draft green hydrogen strategy soon – official
March 16, 2023 | Maja ŽuvelaElectricity | Renewables | Energy policy | CO2 emissions | New technologies | Economy | En.vision
Bosnia and Herzegovina (BiH) will soon start preparing a green hydrogen strategy, Admir Softic, assistant minister at BiH's economic relations ministry, told an energy conference in the capital Sarajevo on Wednesday....
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Photo: prof. Marko Topič z UL FEEC drafts rules to secure raw materials for green transition
March 16, 2023 | Siobhan Hall, MontelRenewables | Energy policy | New technologies
Expected soaring EU demand for key raw material imports such as lithium and rare earth metals needed for the energy transition prompted the European Commission to propose rules to secure their long-term supply on Thursday....
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