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Energy
Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis
Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs. The cost of electricity from onshore wind fell by 15 per cent, offshore wind…
Energy Community Power System Can Support at Least 30 GW of Renewables Without Additional Investments Into Flexibility
As the energy transition advances in the Energy Community Contracting Parties, the share of power generation from variable renewables such as wind and solar will increase manyfold. The Energy Community power system with currently planned investments until 2030 can integrate…
Wind Farm Crni Vrh Worth EUR 100 Million One Step Closer To Construction
The wind farm Crni Vrh, which will be located on the tripoint between Zagubica, Bor and Majdanpek, is a step closer to construction. The carrier of the project, “CRNI VRH POWER” d.o.o. Zagubica, has filed the request for giving approval for…
Shell to Build Europe’s Largest Renewable Hydrogen Plant
Shell, the Anglo-Dutch oil and gas company, plans to build Europe’s largest green hydrogen plant in Rotterdam, which will become operational in 2025, the energy giant announced on Wednesday (6 July). According to a statement by Shell, the new hydrogen…
SEEGAS Sets Out Possible Measures to Mitigate Gas Supply Risks in Case of Russian Gas Disruption
The Energy Community held its fourth South-East European Gas (SEEGAS) Joint Steering Committee meeting in Vienna on 30 June and 1 July. Participants agreed that the risks of a Russian gas supply disruption in the region can only be addressed…
EBRD and EU to Support Transition to Solar Energy in North Macedonia
Decarbonisation plans in North Macedonia are taking a big leap forward. The European Bank for Reconstruction and Development (EBRD) is lending EUR 25 million to ESM, the state-owned electricity company, to build a 30 MW photovoltaic (PV) project consisting of…
ABB Collaborates With Microsoft On Energy Efficiency To Reinforce Commitment To Low-Carbon Society
ABB announced that Microsoft has joined its Energy Efficiency Movement. Launched in March 2021 by ABB, the #energyefficiencymovement is a multi-stakeholder initiative to raise awareness and spur action to reduce energy consumption and carbon emissions to combat climate change. Companies are…