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CO2 EMISSIONS

RePowerEU 2030 targets unlikely to be met – Refinitiv

Date: 01.06.2023 Author: Belén Belmonte, Montel
RePowerEU 2030 targets unlikely to be met – RefinitivPhoto: Roman Peklaj

The EU’s targets for installed renewables capacity and green hydrogen production by 2030 are “very ambitious” and likely to be missed, although emissions reductions could be achieved, Refinitiv

Serbian Eps confirms three coal units (960 MW) shut in May

Date: 01.06.2023 Author: Maja Žuvela
Serbian Eps confirms three coal units (960 MW) shut in MayPhoto: www.tentesla.com

The Serbian power utility Eps has confirmed in its monthly newsletter that three coal power units with a combined capacity of 960 MW were taken offline in the second half of May.

Carbon tests EUR 80/t as investors bet on softening outlook

Date: 01.06.2023 Author: Nathan Witkop, Montel
Carbon tests EUR 80/t as investors bet on softening outlookPhoto: Montel

European carbon prices again dipped below EUR 80/t on Thursday as a worsening demand outlook reinforced the case for speculators’ swelling bets on falling prices.

Croatian Nexe mulls carbon capture, storage and green hydrogen

Date: 01.06.2023 Author: Dalibor Dobrić
Croatian Nexe mulls carbon capture, storage and green hydrogenPhoto: www.dnv.com

The Croatian building materials producer Nexe Group has ambitious energy transition plans which include a EUR 400m carbon capture and storage project and green hydrogen production for use in its

Serbia to call first wind auction in June – minister

Date: 29.05.2023 Author: Maja Žuvela
Serbia to call first wind auction in June – ministerPhoto: Interenergo

Serbia plans to call its first auction for 400 MW of wind power capacity in June, its energy minister Dubravka Djedovic said on Monday.

Montenegro utility to sign loan for 54.6 MW wind farm in June

Date: 29.05.2023 Author: Maja Žuvela
Montenegro utility to sign loan for 54.6 MW wind farm in JunePhoto: Montel

Montenegro’s power utility EPCG will sign a EUR 82m loan deal for the long-delayed 54.6 MW Gvozd wind farm in June, the state secretary at the capital investments ministry told the government on 26

Serbian utility aims to upgrade 127 MW Vlasina hydro complex

Date: 29.05.2023 Author: Maja Žuvela
Serbian utility aims to upgrade 127 MW Vlasina hydro complexPhoto: Montel

The Serbian power utility Eps has requested the environment ministry’s approval for its environmental impact assessment (EIA) of the reconstruction of the 127 MW Vlasina hydropower complex, the

EUAs see 8% weekly drop on weak fundamentals

Date: 26.05.2023 Author: Rachael Burnett, Montel
EUAs see 8% weekly drop on weak fundamentalsPhoto: Montel

European carbon prices fell 8% on the week to Friday, weighed down by weak fundamentals and negative sentiment amid a bleak macroeconomic outlook.

Carbon hits 4-month low on weak gas, technicals

Date: 25.05.2023 Author: Olav Vilnes, Montel
Carbon hits 4-month low on weak gas, technicalsPhoto: Roman Peklaj

European energy and carbon markets continued down on Thursday, with EU ETS prices hitting a four-month low of EUR 82.67/t due to low gas prices and bearish technical signals.

W. Balkans needs EU help in adjustment to CBAM – CEFTA

Date: 24.05.2023 Author: Maja Žuvela
W. Balkans needs EU help in adjustment to CBAM – CEFTAPhoto: Roman Peklaj

Western Balkans will be hit hard by the introduction of the carbon border adjustment mechanism (CBAM) if regional governments fail to adjust their policies quickly and the EU does not offer financial

CBAM will bring uncertainty, halt investment – EFT

Date: 24.05.2023 Author: Maja Žuvela
CBAM will bring uncertainty, halt investment – EFTPhoto: Roman Peklaj

The carbon border adjustment mechanism (CBAM) will bring uncertainty and might completely halt the investment process in the Western Balkans, Uros Bojanic, head of the asset management at EFT Group,

Majority of Serbian 20 GW renewables pipeline in early stage

Date: 19.05.2023 Author: Maja Žuvela
Majority of Serbian 20 GW renewables pipeline in early stagePhoto: Vlada HR

The Serbian TSO Ems is considering the requests of 20 GW of renewable energy projects for grid connection by 2030, with only 5% in the late development stage, according to a document seen by Montel.



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