electricity
EU economy emissions in 2022: down 22 percent since 2008
In 2022, greenhouse gas (GHG) emissions generated by economic activities of EU resident units stood at 3.6 billion tonnes of CO2 equivalents (CO2-eq), indicating a 22 percent decrease compared with 2008. The activities with the highest GHG emissions in 2022 were the manufacturing industry and the supply…
SOLAR ENERGY —SECURE SUPPLY
Serbia, like the whole of Europe, is working intensively to become energy independent and wants to achieve this with the help of renewable energy sources (RES). To meet the set goals, it is necessary to increase the share of RES…
ABB and Gravitricity to collaborate on energy storage systems using end-of-life mine shafts and hoist technology
ABB has signed an agreement with UK-based gravity energy storage firm Gravitricity to explore how hoist expertise and technologies can accelerate the development and implementation of gravity energy storage systems in former mines. Gravitricity has developed GraviStore, an innovative gravity…
Global coal demand expected to decline in coming years
After reaching an all-time high this year, global coal demand is expected to decline to 2026, according to the latest edition of the International Energy Agency’s (IEA) annual coal market report – the first time that the report has predicted…
Financial headwinds for renewables investors: What’s the way forward?
The impressive growth in clean energy investments in recent years has been led by renewable power. Annual spending on solar PV and wind projects has risen by more than USD 300 billion in the last five years, and now accounts…
The oil and gas industry faces a moment of truth and an opportunity to adapt
Oil and gas producers face pivotal choices about their role in the global energy system amid a worsening climate crisis fuelled in large part by their core products, according to a major new special report from the IEA that shows…
ENERGY REHABILITATION CONTRIBUTES TO ENERGY SAVING AND ENVIRONMENTAL PROTECTION
Raška, a small town in the southwest of Serbia, situated between the mountains of Kopaonik and Golija, on the rivers Ibar and Raška, works efficiently to preserve the environment. This municipality is one of the leaders in the district in…