Search Results for power system
Pokrovac: Battery Storage Can Reduce Electricity Prices by 25 Percent by 2030
Croatia is a country firmly committed to the energy transition, and investments in the flexibility of the power system and the development of battery storage systems are key to its success. These were the conclusions of the Solar Flex Croatia…
Supporting Bulgaria’s Renewable Energy Transition
The European Bank for Reconstruction and Development (EBRD) is lending up to 50 million euros to Tenevo Solar Technologies EAD to build and operate a fully merchant solar photo-voltaic plant in southeastern Bulgaria. The Tenevo plant is expected to generate…
Europe’s Wind Supply Chain Continues Ramp Up to Meet EU Targets
On 15 October MEPs Barry Andrews, Annalisa Corrado and Bart Groothuis and EU Commission officials from DGs GROW and MARE joined WindEurope to visit Sif’s new monopile factory and Eneco’s new coastal wind farm in Rotterdam. The Port of Rotterdam…
500 Million Euros Annually for Renewable Energy Sources
The main goals of the projects that entail the construction of solar and wind power plants are energy supply security and increasing the share of renewable energy sources in our energy portfolio. The Electric Power Industry of Serbia (EPS) plans…
Climate change transforms Pacific Islands
A triple whammy of accelerating sea level rise, ocean warming and acidification is imperilling Pacific Islands, which face growing threats to their socioeconomic viability and indeed their very existence because of climate change. A scenic view of terraced rice fields…
The Fashion Industry Lags in Achieving Climate Goals
The fashion industry remains one of the world’s top polluters and shows no serious tendencies to change its business models and make them more sustainable. Members of the global movement Fashion Revolution, which promotes human and environmental rights and sustainable…
The role of development finance institutions in energy transitions
Development finance institutions (DFIs) account for only around 1 percent of total financing for energy sector investment, but their importance goes well beyond this relatively small share. DFIs are specialised financial institutions set up to support a range of economic…