BiH as first mover may get 17 GW of renewables by 2050 – McKinsey
March 17, 2023 | Maja ŽuvelaElectricity | Renewables | Coal | Energy policy | CO2 emissions | New technologies | Economy | En.vision
Bosnia and Herzegovina (BiH) has the opportunity to become a first mover in the Balkan energy transition and develop 17 GW of renewable energy capacity by 2050, according to the consultancy firm McKinsey & Company....
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Croatian projects stalled despite hydrogen strategy – HGK
March 16, 2023 | Dalibor DobrićRenewables | Energy policy
Although a year has passed since Croatia adopted its hydrogen strategy, no action plans have been drawn up and those projects that are in development are on hold, says the Croatian chamber of commerce, HGK....
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EU lawmakers welcome EC’s targeted power market reforms
March 15, 2023 | Siobhan Hall and Belén Belmonte, MontelElectricity | Energy policy
The European Commission’s power market reforms to mitigate volatile prices are well targeted and should be fast-tracked through the legislative approval process given their importance, according to EU lawmakers....
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Renewables investors face rising land prices – Voltalia
March 14, 2023 | MontelElectricity | Renewables | Energy policy | Economy
The jump in electricity prices across Europe since 2021 has also affected land prices, making it more difficult for investors to accommodate their renewables projects, Voltalia’s country manager in Albania said on Monday....
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Acer’s virtual power hub idea too complex – experts
March 14, 2023 | Siobhan Hall, MontelElectricity | Energy policy
EU energy regulatory agency Acer’s ideas to set up regional virtual power trading hubs are too complex and short on practical details, said market participants this week....
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Speedy post-coal agenda needed to stop Balkan demographic decline
March 10, 2023 | Maja ŽuvelaElectricity | Renewables | Coal | Energy policy | CO2 emissions | Economy | Ecology | En.vision
If a feasible post-coal future is not defined very soon and accepted locally in coal-reliant Western Balkan countries, an economic decline will lead to serious demographic challenges, energy experts told a webinar on Thursday....
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Investors eye 1.5 GW of fishpond agrisolar in eastern Croatia
March 10, 2023 | Dalibor DobrićElectricity | Renewables | Energy policy
Several companies are developing plans to install 1.5 GW of solar capacity at six large fishponds in eastern Croatia, according to one of the prospective investors....
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EC drops revenue cap in draft market reforms
March 8, 2023 | Siobhan Hall, MontelElectricity | Energy policy
The European Commission does not plan to make revenue caps on low-cost power generators a permanent feature, according to an unofficial draft of its power market reform proposals expected next Thursday....
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Balkan carbon pricing needed by 2030 to skip CBAM – Secretariat
March 7, 2023 | MontelElectricity | Energy policy | CO2 emissions | Economy
Western Balkan countries must establish carbon pricing schemes aligned with the EU’s ETS by 2030 to avoid paying a carbon border tax on exports to the bloc, the Energy Community Secretariat told Montel last week....
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Bulgarian Ibex to launch GO market by year-end, eyes PPAs – CEO
March 6, 2023 | Yana PalagachevaElectricity | Renewables
Bulgaria’s power exchange Ibex is planning to launch a guarantees of origin (GO) market this year and a power purchase agreement (PPA) market at a later date, its CEO Konstantin Konstantinov told Montel on Monday....
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