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BNEF: Europe Increased Energy Transition Investment By 67% in 2020, Leading Globally

Date: 22.01.2021 Author: Tanja Srnovršnik
BNEF: Europe Increased Energy Transition Investment By 67% in 2020, Leading GloballyPhoto: Roman Peklaj

Global investments in the energy transition/decarbonisation amounted to a record USD 501.3 billion in 2020, beating the previous year by 9% despite the economic disruption caused by the COVID-19

EIB President Hoyer: Investments in Gas Are Over

Date: 22.01.2021 Author: Peter Palčec
EIB President Hoyer: Investments in Gas Are OverPhoto: Roman Peklaj

“To put it mildly, gas is over. Without the end of the use of unabated fossil fuels, we will not reach our climate targets. However, the main problem remains that the situation differs from country

EBRD Survey on the Impact of COVID-19: Maintaining Energy Investments Least Successful

Date: 22.01.2021 Author: Valerija Hozjan
EBRD Survey on the Impact of COVID-19: Maintaining Energy Investments Least SuccessfulPhoto: Ponsulak via FreeDigitalPhotos

Due to the urgency of addressing the COVID-19 crisis, in 2020 the share of green investment at the European Bank for Reconstruction and Development (EBRD) fell to 29% compared to 46% in 2019. The

Eurohold Receives Regulatory Approval for Acquisition of ČEZ’s Assets in Bulgaria

Date: 21.01.2021 Author: Tanja Srnovršnik
Eurohold Receives Regulatory Approval for Acquisition of ČEZ’s Assets in BulgariaPhoto: Energetika.NET archive

The Bulgarian energy regulator, EWRC, has granted Eurohold Bulgaria approval for the acquisition of the subsidiaries of the Czech energy company ČEZ Group in Bulgaria, said Eurohold Bulgaria on

EC Delays Publication of Green Finance Rules

Date: 21.01.2021 Author: Tanja Srnovršnik
EC Delays Publication of Green Finance RulesPhoto: Gualberto107 via FreeDigitalPhotos

The European Commission has been forced to delay publication of detailed implementing rules on the EU’s sustainable finance taxonomy because of the large number of comments received and a threat of

Greek Coral Takes Over Croatian Oil Distributor Apios

Date: 21.01.2021 Author: Tanja Srnovršnik
Greek Coral Takes Over Croatian Oil Distributor ApiosPhoto: Victor Habbick via FreeDigitalPhotos

The Greek fuel distributor Coral has competed a transaction for the acquisition of a 75% stake in Apios, a Croatian oil distributor that operates 26 petrol stations and whose brand will be replaced by

Timmermans: Carbon Border Levy a “Matter of Survival” for EU Industry

Date: 20.01.2021 Author: Tanja Srnovršnik
Timmermans: Carbon Border Levy a “Matter of Survival” for EU IndustryPhoto: European Commission

There is no doubt the EU will go ahead with applying a unilateral carbon border adjustment mechanism if non-EU competitors do not commit to lowering their emissions, said Frans Timmermans,

IEA Revises Down Global Oil Demand Forecast For 2021

Date: 20.01.2021 Author: Tanja Srnovršnik
IEA Revises Down Global Oil Demand Forecast For 2021Photo: Victor Habbick via FreeDigitalPhotos

The International Energy Agency (IEA) has revised down its forecast for global oil demand for 2021 by 0.3 million barrels per day (mb/d) to 96.6 mb/d. “For now, a resurgence in COVID-19 cases is

Serbian Ministry Approves Waste Incinerator Project in Belgrade

Date: 20.01.2021 Author: Peter Palčec
Serbian Ministry Approves Waste Incinerator Project in BelgradePhoto: blog.lib.umn.edu

The Serbian Ministry of Environmental Protection has adopted a decision on the approval of the environmental impact assessment (EIS) study for the project to construct a waste-to-energy plant at

EBRD Considers Providing EUR 70m of Help to Albanian OSHEE As COVID-19 Response

Date: 19.01.2021 Author: Tanja Srnovršnik
EBRD Considers Providing EUR 70m of Help to Albanian OSHEE As COVID-19 ResponsePhoto: Energetika.NET archive

The European Bank for Reconstruction and Development (EBRD) is considering providing EUR 70 million to OSHEE, the Albanian state-owned holding company of the distribution network operator and retail

Slovenian Petrol to Become Sole Owner of Croatian Crodux Derivati Dva

Date: 18.01.2021 Author: Peter Palčec
Slovenian Petrol to Become Sole Owner of Croatian Crodux Derivati DvaPhoto: Petrol

The Slovenian energy company Petrol announced that on 12 January 2021 it signed a contract to acquire a 100% interest in the Croatian company Crodux Derivati Dva with the seller, Ivan Čermak. The

Croatian CROPEX Announces Five GOa Auctions on 21 January 2020

Date: 18.01.2021 Author: Peter Palčec
Croatian CROPEX Announces Five GOa Auctions on 21 January 2020Photo: Alenka Lena Klopčič

The Croatian energy market operator, HROTE, and the Croatian power exchange, CROPEX, have announced five guarantees of origin (GOs) auctions to be held on 21 January 2021. A total of 360,950 GOs for



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