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EIB - the World’s First Public Lender - to Abandon Fossil Fuel Investments

Date: 18.11.2019 Author: Peter Palčec
EIB - the World’s First Public Lender - to Abandon Fossil Fuel InvestmentsPhoto: Roman Peklaj

The European Investment Bank (EIB) has become the world’s first public lender to commit to ending funding for coal, oil and gas. The bank has agreed to stop providing loans for fossil fuel projects

IEA: Present Policies to Lead to 1.3% Annual Energy Demand Rise Until 2040

Date: 14.11.2019 Author: Tanja Srnovršnik
IEA: Present Policies to Lead to 1.3% Annual Energy Demand Rise Until 2040Photo: Roman Peklaj

Under present policies, the world is likely to see energy demand rise of 1.3% per year to 2040, “resulting in strains across all aspects of energy markets and a continued strong upward march in

S&P Global Ratings: Nuclear Belongs in the Global Energy Future

Date: 14.11.2019 Author: Peter Palčec
S&P Global Ratings: Nuclear Belongs in the Global Energy FuturePhoto: www.pixabay.com

“Nuclear power generation should remain a part of the global energy mix despite challenges related to tightening regulations, safety concerns, ageing asset bases, and increasingly volatile energy

Hungarian MOL Acquires German Plastic Compounder Company Aurora

Date: 14.11.2019 Author: Peter Palčec
Hungarian MOL Acquires German Plastic Compounder Company AuroraPhoto: MOL archive

The Hungarian oil and gas company MOL has announced that with effect from 31 October 2019 it has acquired a 100% shareholding in Aurora, a German plastic compounder company. As a result of the

ACER: Efficiency in Interconnectors Use Still Low in Balancing Timeframe

Date: 13.11.2019 Author: Tanja Srnovršnik
ACER: Efficiency in Interconnectors Use Still Low in Balancing TimeframePhoto: Roman Peklaj

Although the level of efficiency in the use of interconnectors in Europe in the balancing timeframe improved somewhat (by 1 percentage point to 23%) in 2018, it is still relatively low when compared

ACER: Slovenia and Croatia Faced 20 and 23 Negative DA Price Occurrences in 2018

Date: 13.11.2019 Author: Tanja Srnovršnik
ACER: Slovenia and Croatia Faced 20 and 23 Negative DA Price Occurrences in 2018Photo: ACER

Average day-ahead (DA) electricity prices increased in all European bidding-zones in 2018, with the exception of the Romanian market, said the EU Agency for the Cooperation of Energy Regulators (ACER)

GlobalData: Number of EV on Roads Worldwide Increased to Five Million in 2019

Date: 13.11.2019 Author: Peter Palčec
GlobalData: Number of EV on Roads Worldwide Increased to Five Million in 2019Photo: Pixabay

“We are at the very beginning of the era of electric vehicles (EVs). Today, there are five million EVs on the world’s roads, which is up two million from 2018. China is in the leading position in

ACER: Urgent Action Needed to Meet 70% Cross-Border Trade Target

Date: 12.11.2019 Author: Tanja Srnovršnik
ACER: Urgent Action Needed to Meet 70% Cross-Border Trade TargetPhoto: Roman Peklaj

The margin available for cross-zonal electricity trade in 2018 was much lower on many bidding zone borders than the minimum 70% target established by the Clean Energy Package, said the EU Agency for

Go-live of CEE Intraday Power Coupling Expansion Confirmed for 19 November

Date: 08.11.2019 Author: Tanja Srnovršnik
Go-live of CEE Intraday Power Coupling Expansion Confirmed for 19 NovemberPhoto: Roman Peklaj

Nominated electricity market operators (NEMOs) and transmission system operators (TSOs) have confirmed the target date for the go-live of the second wave of the single intraday coupling project (SIDC,

EBRD Expects Economic Growth Deceleration in the Western Balkans in 2020

Date: 08.11.2019 Author: Tanja Srnovršnik
EBRD Expects Economic Growth Deceleration in the Western Balkans in 2020Photo: Roman Peklaj

The European Bank for Reconstruction and Development (EBRD) sees economic growth moderating in the Western Balkans region in 2020, on the back of a weaker global economic outlook, along with the

Traded Volumes on CEGH VTP Reach All-Time High in October 2019

Date: 08.11.2019 Author: Tanja Srnovršnik
Traded Volumes on CEGH VTP Reach All-Time High in October 2019Photo: Shutterstock

The nominated gas volumes at the CEGH Virtual Trading Point (VTP) reached an all-time high of 72.88 TWh in October 2019, which is an increase of 27.7% compared to September 2019 and an increase of

MIGRATE Shows That Power Quality Can Be Maintained Even With 90% PE Penetration

Date: 07.11.2019 Author: Tanja Srnovršnik
MIGRATE Shows That Power Quality Can Be Maintained Even With 90% PE PenetrationPhoto: Andreja Krašna

While it is possible to safely operate the power transmission grid with 70% of power electronics (PE) penetration in terms of grid stability and other protection issues, an even higher share of


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