Energo - CEE/FSU Power
Electricity generation by hydropower plants slumped in November forcing Slovenia to turn to thermal power generation and pushing up fuel consumption.
Demand for wind and solar parks is growing in Romania, where Hidroelectrica and Engie Romania snapped up local renewables assets in December.
Energy Community secretariat launched a procedure against Bosnia over the guarantee for a €614mn Chinese loan to finance the expansion of the Tuzla thermal power plant.
Ukraine’s leading utility DTEK announced a new corporate strategy on December 22 that will dramatically increase the share of green energy it produces and puts ESG principles at the core of its business
Hydrogen produced with renewable electricity, known as green hydrogen, could compete on costs with fossil fuel alternatives by 2030, the International Renewable Energy Agency (IRENA) has claimed in a new report.
Global capex spending on ren–ewables is poised to bounce back in 2021, rising 8.5% to $255bn – in line with 2019 levels, IHS Markit Energy Advisory Service said this week.