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Global Coal Demand is Set to Plateau Through 2027
After reaching a new high in 2024, global demand for coal is set to level off in the coming years as a surge in renewable power helps to meet soaring demand for electricity around the world, according to an IEA…
Forests vs. Coal – What Are Montenegro’s Climate Challenges?
The recent Country Climate and Development Report – Montenegro, published by the World Bank, examines the country’s path toward achieving climate goals, emphasizing the need for strategic investments and the implementation of effective policies. Like other Western Balkan countries, Montenegro…
Challenges of Competitive Energy Production in the Global Market
Forming a unified European energy market is crucial for the Energy Community (EC), which includes European Union members and nine other signatory countries. Although significant progress has been made over the past two years, there are still considerable obstacles. The…
In Germany, More Than 60 Percent of Electricity Comes from Renewable Energy Sources
In the first half of 2024, Germany produced and delivered 220 billion kilowatt-hours of electricity to the grid, which is 5.3 percent less than in the first half of 2023, according to preliminary data from the Federal Statistical Office (Destatis).…
Is China on the Brink of an Era of Maximum Nuclear Energy Development? – Where are New Reactors Emerging?
When it comes to the state of energy in China, coal still dominates, accounting for more than half of the total electricity production. However, nuclear energy plays an increasingly significant role, especially in coastal areas where the fastest economic development…
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…
EBRD and Erste Approve Financing for new Windfarm in Serbia
The European Bank for Reconstruction and Development (EBRD), together with Erste Group Bank AG and its local bank Erste Bank a.d. Novi Sad (Erste), have approved a financing package worth 91.4 million euros for the construction of a new windfarm…