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CO2 EMISSIONS

EU to miss 2050 climate targets by a decade – WoodMac

Date: 22.02.2024 Author: Enza Tedesco, Montel
EU to miss 2050 climate targets by a decade – WoodMacPhoto: Montel

The EU will fall short of its 2050 climate goal by nearly a decade without making immediate policy commitments and investments, consultancy Wood Mackenzie said on Thursday.

BiH entity to reassess concession for new coal plant, mine

Date: 22.02.2024 Author: Maja Žuvela
BiH entity to reassess concession for new coal plant, minePhoto: www.riteugljevik.com

The government of Bosnia and Herzegovina's (BiH) Republika Srpska entity will reassess the concession granted to Comsar Energy in 2013 for a 700 MW coal power plant and mine, the entity's energy

EBRD loan could help Montenegro connect 300 MW of renewables

Date: 21.02.2024 Author: Maja Žuvela
EBRD loan could help Montenegro connect 300 MW of renewablesPhoto: Montel

The European Bank for Reconstruction and Development (EBRD) has been considering an up to EUR 28m loan for Montenegro’s TSO CGES to help it trim energy losses and integrate at least 300 MW of

EC to review energy, carbon derivatives trading rules

Date: 20.02.2024 Author: Siobhan Hall, Montel
EC to review energy, carbon derivatives trading rulesPhoto: Roman Peklaj

The European Commission will review trading rules for EU carbon emission allowances and their derivatives, as well as other commodity derivatives, under updated financial legislation signed off by the

FBiH government greenlights 150 MW of solar

Date: 19.02.2024 Author: Maja Žuvela
FBiH government greenlights 150 MW of solarPhoto: Montel

The government of Bosnia and Herzegovina’s (BiH) Federation entity (FBiH) granted the energy ministry preliminary consent to issue energy permits to local developer Solar Lena for two solar farms

Carbon dives to 28-month low on bearish fundamentals

Date: 19.02.2024 Author: Gabriel Power, Montel
Carbon dives to 28-month low on bearish fundamentalsPhoto: Montel

Europe's benchmark carbon price fell below EUR 55/t for the first time in more than two years and could fall further amid bearish fundamentals across the continent.

Montenegro parliament to hold hearing on LNG plans

Date: 19.02.2024 Author: Maja Žuvela
Montenegro parliament to hold hearing on LNG plansPhoto: LNG Croatia

A Montenegrin parliamentary committee plans to conduct a hearing of government ministers regarding the prospects and risks associated with a planned LNG import terminal and adjacent gas-fired power

Croatian Ina’s profit stable despite lower gas, oil prices

Date: 16.02.2024 Author: Dalibor Dobrić
Croatian Ina’s profit stable despite lower gas, oil pricesPhoto: F. Buva

Croatian energy company Ina reported a consolidated net profit of EUR 250m in 2023, almost unchanged from 2022, despite a drop in gas and oil prices, the company said late on Thursday.

Carbon prices rebound off 23-month low

Date: 16.02.2024 Author: Nathan Witkop, Montel
Carbon prices rebound off 23-month lowPhoto: Roman Peklaj

European carbon allowances were poised to end the week 3% lower on Friday, although they remained above a point hit earlier in the week that tested their lowest levels in almost two years.

Serbia to complete 628 MW Bistrica hydro by 2031 - minister

Date: 15.02.2024 Author: Dušan Telesković
Serbia to complete 628 MW Bistrica hydro by 2031 - ministerPhoto: Montel

Serbia plans to complete the 628 MW Bistrica reversible hydropower plant by 2031, the country's energy minister Dubravka Djedovic Handanovic said late on Wednesday.

Comsar fails to meet requirements for new coal mine in BiH

Date: 15.02.2024 Author: Maja Žuvela
Comsar fails to meet requirements for new coal mine in BiHPhoto: www.riteugljevik.com

The company Comsar Energy has not met the requirements to exploit an open-cast coal mine in the town of Ugljevik in Bosnia and Herzegovina (BiH), said the energy minister of BiH’s Republika Srpska

EU emissions drop 7% year on year in Q3 2023 – Eurostat

Date: 14.02.2024 Author: Siobhan Hall, Montel
EU emissions drop 7% year on year in Q3 2023 – EurostatPhoto: Montel

EU greenhouse gas emissions fell 7.1% in the third quarter of 2023 compared with the same period last year to 787m tonnes of CO2 equivalent, EU statistics office Eurostat estimated on Wednesday.



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