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geothermal energy

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Hungary initiates first hybrid geothermal project to enhance renewable energy landscape

Hungary is set to commence construction on its inaugural hybrid geothermal project in the southern region, specifically near Zsana and Kiskunhalas in Bács-Kiskun County....

Serbia explores geothermal energy to boost clean energy transition

Serbia possesses significant untapped geothermal energy resources that have the potential to play a key role in the country’s energy transition. Ivan Jankovic, Deputy...

Serbia: Belgrade advances geothermal energy projects in push for cleaner heating solutions

Belgrade is making strides toward adopting geothermal energy, following a collaboration between public utility Beogradske Toplane and the Faculty of Mining and Geology. Recent...

Croatia: Challenges and opportunities for geothermal energy development in Podravina basin

Croatia, particularly the Podravina basin, is situated above a vast geothermal reservoir with significant potential for renewable energy production. However, challenges persist for investors...

Romania: Closed-loop geothermal systems: A promising green energy solution

Geothermal energy is emerging as a viable resource for the green transition, with closed-loop geothermal systems offering a promising solution for wider adoption, according...

Serbia: EBRD supports the introduction of RES in district heating

Serbian Minister of Finance Sinisa Mali and Minister of Mining and Energy Dubravka Djedovic Handanović have signed agreements that complete the financing for the...

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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...