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IEA: HALF OF ELECTRICITY COULD COME FROM LOW-EMISSION SOURCES BY 2026

The demand for electricity in the next three years is expected to grow by an average of 3.4 percent. About 85 percent of the increase in global demand is projected to come...

The EU built a record 17 GW of new wind energy in 2023 – wind now 19 per cent of electricity production

According to WindEurope data, the EU built 17 GW of new wind farms in 2023: 14 GW onshore; 3 GW offshore. These numbers are slightly up on 2022 and are the most...

Electricity demand for e-vehicles will grow rapidly

Munich (dpa) - In Europe, electricity consumption for electric cars and trucks will probably reach 355 terawatt hours per year by 2040, from the current 16 terawatt hours, according to the results of a study. In...

Electricity and gas prices stabilize in 2023

After a significant increase in prices that started before the Russian invasion of Ukraine, but skyrocketed through the second semester of 2022, electricity and gas prices are stabilizing. The prices of energy...

MORE ELECTRICITY FROM RENEWABLE SOURCES IN MONTENEGRO

Elektroprivreda Crne Gore (EPCG) has embarked on a substantial investment cycle in the segment of renewable energy sources and investments in numerous new green energy projects. One of these is the Solari...

Declining electricity consumption in advanced economies is weighing on global demand growth this year

EU electricity demand set to drop to lowest level in 20 years, but with global consumption expected to increase strongly in 2024, growth of renewables is more important than ever. Overall growth in...

Mihajlovic: With Discounts, we Want to Encourage People to Save, we are Struggling to Have Enough Electricity

Deputy Prime Minister and Minister of Mining and Energy, prof. Zorana Mihajlovic, Ph.D., said that the recommendations for reducing consumption proposed by the Ministry can bring savings of 15 percent and at...

By the End of 2022, Serbia Will Have Three Times More Electricity From Solar Sources

This year, Serbia will have three times more electricity produced from solar panels, thanks to the simplified procedures and subsidies of this ministry, stated the State Secretary of the Ministry of Mining...

Mihajlovic: It is realistic that electricity will become more expensive, we have prepared a regulation for vulnerable population

Minister of Mining and Energy Zorana Mihajlovic said that she expects the price of electricity for citizens to rise and that the Regulation on energy-vulnerable customers has been prepared, which will help...

As of September 1, electricity for households 6.5 percent more expensive

Starting from September 1, the price of electricity for households and smaller customers will amount to 8,144 din/kWh and will mark an increase of 6.5 percent compared to the current average price...

Development of the Electricity Network as a Key to a Greater Regional RES Integration

This process is unstoppable in developed countries, but despite the odds and good preconditions we have in this region to a more active approach to green transformation, the process is moving insignificantly....

Macedonian Energy Regulator Joins ACER’s Electricity Working Group

On 23 May, the Agency for the Cooperation of Energy Regulators (ACER) and the Energy and Water Services Commission of North Macedonia (ERC) signed an agreement that formalizes ERC’s participation in ACER’s...

EBRD Lends EUR 20 Million to Upgrade Bosnia’s Electricity Transmission Grid

The European Bank for Reconstruction and Development (EBRD) is lending EUR 20 million to Elektroprenos-Elektroprijenos (also known as TransCo), Bosnia and Herzegovina’s transmission system operator, for the modernisation and upgrading of its...

Director Lorkowski Urges Reforms to Ensure the Electricity Sector in Bosnia and Herzegovina is Ready for CBAM

Director Lorkowski delivered opening remarks at the Energy Summit in Neum this week. In his speech, he underlined that the current global energy crisis strengthened the case for a rapid energy transition...

Europe’s Energy Security Depends on Full Synchronisation of Ukraine and Moldova With the EU Electricity System

Since 24 February, the Ukrainian and Moldovan power systems have been operating in isolated mode. The planned isolated mode test is part of their preparation to fully synchronize with the interconnected power...

How to Save on Electricity Bill

The arrival of autumn and colder days gives headaches to many. Apart from hectic preparations for school and searching for the winter clothes in your closets, preparations for the looming heating season...

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