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Europe: Wind and solar surpass fossil fuels in EU’s energy mix in H1 2024

According to a report by the UK-based think tank Ember, wind and solar energy have reached a record high in the EU's energy mix,...

SEE region: Outs and gamble on fossil gas

Despite EU negotiators pushing for a decarbonised global power system in the 2030s at the climate negotiations currently taking place at COP28 in Dubai,...

EBRD could decide to end all fossil fuel investments

Between 2018 and 2021, the EBRD pumped EUR 2.9 billion in public money into oil and fossil gas projects around the world. Now, public...

Western Balkans: Fossil gas is a false solution for a clean future

The Western Balkans’ energy transition is finally starting to pick up pace. But false solutions such as fossil gas threaten to divert resources and...

Europe: Universities received 260 million euros from fossil fuel industry

Universities across Europe have accepted millions in funding from oil, gas and mining companies since 2016, despite many having pledged to reach net zero...

Bulgaria: Fossil fuel based energy production decreased by more than 30% in H1

The use of fossil fuels for electricity production in the EU decreased by 17% in the first half of 2023 compared to the same...

Latest news

EU recognition of Western Balkan renewable certificates could boost PPAs but not replace CBAM verification

Renewable generators in Serbia, Montenegro and other Energy Community markets could gain access to a broader European market for the environmental attributes of their...

EU reforms could restore multi-trader electricity exports while leaving contractual risks unresolved

European Union policymakers are considering changes that could make it easier for renewable electricity from neighbouring countries to qualify for actual-emissions treatment under CBAM....

Domestic industrial PPAs open new revenue opportunities for Serbian and Montenegrin renewables

Domestic industrial demand can support renewable investment and improve electricity cost predictability, but the carbon value of a power purchase agreement depends on the...

Montenegro’s electricity exporters need stronger PPAs to secure Italian market revenues

The Adriatic interconnector gives Montenegro's renewable generators access to Italian buyers, but investment returns depend on carbon treatment, delivery profiles and the fallback provisions...

Serbian renewable projects face new contractual challenges on the Hungary export corridor

Export PPAs can expand market access for wind and solar projects, but the revenue ultimately reaching developers depends on delivery rights, trading costs and...