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Balkan Green Energy News: State-owned power utility ESM is seeking consultants for feasibility studies for solar power plants of 60 MW and 100 MW in Bitola and its 50 MW Miravci wind power project in Gevgelija. After Germany’s KfW Development Bank provided a EUR 2.4 million grant to North Macedonia to produce feasibility and environmental […]
Press Release, Gerard Wynn and Arjun Flora
Economics, EU membership ambitions point to renewables as best path for country’s future electricity needs
October 29, 2020 (IEEFA) — Strong performance by Kosovo’s first large-scale wind and solar farms show the coal-dominated, Western Balkan country can exploit falling renewables costs and green lending appetite to align better with a low-carbon European transition and reduce losses from stranded fossil fuel assets. According to a new report by the Institute for […]
Press Release, Gerard Wynn and Arjun Flora
Ekonomia, ambiciet për anëtarësim në BE drejtojnë nga burimet e ripërtëritshme si rruga më e mirë për nevojat e ardhshme të energjisë për vendin.
29 tetor 2020 (IEEFA) – Performanca e mirë nga fermat e para të erës dhe diellit në shkallë të gjerë në Kosovë tregon se vendi i Ballkanit Perëndimor i dominuar nga qymyri mund të shfrytëzojë rënien e kostove të ripërtëritshme dhe gatshmërinë për kredi të gjelbëra për tu lidhur më mirë me një tranzicion evropian […]
IEEFA
Reuters: London-listed power generator ContourGlobal has halted plans to build a 500 megawatt coal-fired power plant in Kosovo, and said it will make no further coal plant investments. The project would have provided around half of the electricity demand of the Balkan country which is struggling with power shortages. “We will not develop or acquire […]
IEEFA
Construction Europe: Kosovo is set to more than double its installed renewable energy capacity, with the construction of a 105MW wind farm in Bajgora. The project got the go-ahead following the award of a loan for €58 million from the European Bank for Reconstruction and Development (EBRD). The loan will cover approximately half of the […]
Gerard Wynn
Report undercuts push for investing in expensive new coal plant
The Balkan republic of Kosovo can meet its future electricity needs at least cost by scaling up its renewable energy resources, investing in energy efficiency and cleaning up the country’s existing coal generation, according to an unpublished World Bank study, which reveals why the bank last year withdrew support for a new coal-fired power plant. […]
Gerard Wynn
Support from European development bank playing a key role in changing economics
New deals to develop wind and solar power in Kosovo are likely to kill off any remaining business case for new coal, already on the brink of collapse after the World Bank withdrew from financing a proposed new plant in October last year. The World Bank at the time proposed a package of less polluting, […]
IEEFA
Reuters: Environmentalist groups on Monday filed a complaint with the European Union’s energy watchdog challenging the legality of a power purchase agreement for a planned $1.3 billion coal-fired power plant in Kosovo. Kosovo and London-listed power firm ContourGlobal picked on May 3 a consortium of General Electric subsidiaries to build the 500-megawatt plant, which is […]
IEEFA
SeeNews: The European Bank for Reconstruction and Development (EBRD) has issued a draft energy sector strategy that it will not finance coal projects, it said on Wednesday, following a statement by an environmental group that the international lender is not considering support for a coal-fired power plant project in Kosovo. “We have issued a draft […]
IEEFA
London South East: The World Bank said on Wednesday it would not support a planned 500-megawatt (MW) coal-fired power plant in Kosovo, the first major energy project in the Balkan country in more than two decades. Kosovo’s government had asked the Washington-based lender to provide it partial risk guarantees that would help unlock cheaper loans […]
IEEFA: Renewables’ strong performance and falling costs can help Kosovo break from a coal-powered past
Economics, EU membership ambitions point to renewables as best path for country’s future electricity needsOctober 29, 2020 (IEEFA) — Strong performance by Kosovo’s first large-scale wind and solar farms show the coal-dominated, Western Balkan country can exploit falling renewables costs and green lending appetite to align better with a low-carbon European transition and reduce losses from stranded fossil fuel assets. According to a new report by the Institute for […]