Search Results for renewable energy source
Szeged Introduces a Geothermal Energy District Heating System
The Hungarian Ministry of Construction and Transport recently announced the completion of the project for a new geothermal heating system in Szeged. According to the Ministry’s announcement, six million euros have been invested in the new facility in the Sziler…
Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030
The Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity within their portfolios to 749GW by 2030*, an increase of 2.5 times relative to 2023. Alliance members’ joint…
Transition to Renewables Calls for New Approach to Energy Security
The transition away from fossil fuels to renewables requires a new interpretation of the concept of energy security, according to a new report by the International Renewable Energy Agency (IRENA) published today. Geopolitics of the energy transition: Energy security outlines…
Schneider Electric: Digitization as the Key to the Energy Transition
The Schneider Electric Innovation Summit was once again a meeting place for the latest automation, electrification, and digitalization solutions. Representatives of numerous companies met in Paris, where Schneider Electric, a leader in the digital transformation of energy management and automation,…
MT-KOMEX BH – Regional actor for solar energy
After a hundred thousand solar panels were installed in Serbia, it was entirely natural for the company MT-KOMEX that the next step was to expand its business in the region. With significant experience in constructing solar power plants – over…
Record Reduction of 2023 ETS Emissions due Largely to Boost in Renewable Energy
Last year’s emissions under the EU’s Emission Trading System (ETS) show the most significant annual emissions reductions since the ETS was launched in 2005. The main driver is the power sector’s significant progress in decarbonisation. The data reported by EU…
Old Mines Can Be Used for Energy Storage
In addition to renewable energy production facilities being built left and right, the energy transition we are striving for also requires the construction of energy storage facilities since the efficiency of renewable sources, such as solar and wind farms, is…