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Energy
Challenges and Opportunities of Renewable Energy by 2030
Countries around the world have recognized the urgent need to increase the capacity of renewable energy sources (RES). It is predicted that, thanks to supportive policies and favorable economic conditions, global RES capacities will rise by the end of this…
Geothermal Energy: The Future of Hungary’s Green Economy
For years, Hungary has ranked among the leading countries in Europe when it comes to the direct use of geothermal energy, with plans for significant expansion by 2030. Moreover, according to the National Concept for the Utilization of Geothermal Energy,…
Bulgaria and the USA Expand Cooperation on Building a New Nuclear Power Plant in Kozloduy
Bulgaria and the United States have announced the expansion of an intergovernmental agreement on energy cooperation, which will include the construction of a new nuclear power plant in Kozloduy, as well as the development of Bulgaria’s civil nuclear program. This…
Natural Gas Demand Growth Oicks up in 2024 Amid Uncertainties Over Supply
Global demand for natural gas is increasing at a stronger rate in 2024 than in the previous two years, which were heavily affected by the turmoil of the global energy crisis. At the same time, new gas supplies coming to…
Highest Annual Growth of Renewables Jobs in 2023, Reaching 16.2 Million
2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs – Annual Review 2024 by the International Renewable Energy Agency (IRENA) and the…
OIE Serbia 2024 – The Future Lies in Renewable Energy
On the second day of the OIE Serbia 2024 conference, several panels were held, the first of which was titled Challenges in Financing and Insuring Renewable Energy Projects. During the panel discussion, experts, including bankers and lawyers, discussed the financial…
From Azerbaijan, One Million Cubic Meters of Gas Per Day During This Winter
The Memorandum of Understanding on cooperation in the field of green energy between the Ministry of Mining and Energy of Serbia and the Ministry of Energy of Azerbaijan was signed during a bilateral meeting, along with two gas supply agreements…