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Global Oil Demand Unlikely to Return to 2019 Level Before 2022-2023

Date: 03.07.2020 Author: Peter Palčec
Global Oil Demand Unlikely to Return to 2019 Level Before 2022-2023Photo: Victor Habbick via FreeDigitalPhotos

“Global oil demand is unlikely to return to the 2019 demand level until 2022-2023. Global oil demand recovered by more than 15 million barrels per day (bpd) by July following the bottom recorded in

Policy and Economic Drivers Are Accelerating Coal Phase Out

Date: 03.07.2020 Author: Peter Palčec
Policy and Economic Drivers Are Accelerating Coal Phase OutPhoto: Pixabay

“The speed at which coal is being abandoned throughout Europe is staggering. However, the abandoning of coal is not really the result of setting a coal phase out date, but rather the result of

The European Union: Out of the Race For Civil Nuclear Geopolitics?

Date: 02.07.2020 Author: Benita Dreesen
The European Union: Out of the Race For Civil Nuclear Geopolitics?Photo: Roman Peklaj

According to the International Energy Agency (IEA), at the end of 2019 the world installed 5.5 GW of new nuclear capacity, with China and Russia remaining the leading countries in terms of new grid

Gas to Have a Significant Impact on SEE Power Markets

Date: 02.07.2020 Author: Tanja Srnovršnik
Gas to Have a Significant Impact on SEE Power MarketsPhoto: Roman Peklaj

Electricity and gas markets have traditionally been modelled separately, however, new game-changing technologies and a drive towards decarbonisation will require electricity and gas markets to be

Carbon Tracker: New Renewables Already Cheaper Than 39% of Existing Coal 

Date: 02.07.2020 Author: Tanja Srnovršnik
Carbon Tracker: New Renewables Already Cheaper Than 39% of Existing Coal Photo: Roman Peklaj

It is already cheaper to build new renewables including battery storage than to continue operating 39% of the world's existing coal fleet, according to a new report published this week by Carbon

SEE CAO Announces Public Consultation On IT-ME Border Allocation Rules

Date: 02.07.2020 Author: Peter Palčec
SEE CAO Announces Public Consultation On IT-ME Border Allocation RulesPhoto: www.pixabay.com

The South East European Coordinated Auction Office (SEE CAO) has announced a public consultation on behalf of the Italian and Montenegrin TSOs, Terna and CGES, on an update of the allocation rules on

Kosovar KOSTT Signs Connection Agreement with ENTSO-E

Date: 02.07.2020 Author: Peter Palčec
Kosovar KOSTT Signs Connection Agreement with ENTSO-EPhoto: Andreja Krašna

The Kosovar electricity TSO, KOSTT, and the European Network of Transmission System Operators for Electricity (ENTSO-E) signed a new connection agreement on 30 June 2020, according to a press release

IRENA: Economic Recovery in 2021-2023 Will Require USD 2tn Investments in RES

Date: 02.07.2020 Author: Peter Palčec
IRENA: Economic Recovery in 2021-2023 Will Require USD 2tn Investments in RESPhoto: Roman Peklaj

“Energy transition investment can boost the economy over the 2021-23 recovery phase and create a wide range of jobs. Stimulus measures can accelerate positive ongoing trends. Renewables and other

Innovative Solutions Are Often More Costs Efficient Than Building Infrastructure

Date: 02.07.2020 Author: Valerija Hozjan
Innovative Solutions Are Often More Costs Efficient Than Building InfrastructurePhoto: Roman Peklaj

The EU Agency for the Cooperation of Energy Regulators (ACER) and national regulatory authorities (NRAs) are investigating best regulative practices, whereby regulatory frameworks should not only

EU’s Decarbonisation Pathway Includes Renewable Power, Hydrogen, Green Gases

Date: 01.07.2020 Author: Alenka Lena Klopčič
EU’s Decarbonisation Pathway Includes Renewable Power, Hydrogen, Green GasesPhoto: Roman Peklaj

“While our primary concern is currently Covid-19 and ensuring economic recovery after the pandemic, climate challenges remain. This is why the European Green Deal is still highly relevant,” said

Eurelectric: With the Right Measures We Can Mitigate the Regressive Effect of Decarbonisation

Date: 30.06.2020 Author: Valerija Hozjan
Eurelectric: With the Right Measures We Can Mitigate the Regressive Effect of Decarbonisation PoliciesPhoto: www.pixabay.com

Climate policies are likely to hit the low-income population harder in the short term, unless they are targeted by mitigation measures. A number of policy options exist that could effectively reverse

Romanian OMV Petrom Wins Tender for Oil and Gas Exploration Offshore Georgia

Date: 30.06.2020 Author: Tanja Srnovršnik
Romanian OMV Petrom Wins Tender for Oil and Gas Exploration Offshore GeorgiaPhoto: OMV Petrom

The Romanian oil and gas company OMV Petrom said on Monday that it has been selected as the winner of an open international tender held by the Ministry of Economy and Sustainable Development of


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