Coal

Hungary’s Green Fund for Western Balkans a ‘Win-Win’

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Balkan Countries Fear EU Green Deal Could Leave Them Further Behind

Green Dreams Splutter in Central and Southeast Europe

The Western Balkans Green Centre will initially make available around 1.2 million euros to drive green investments in Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia.

EBRD ready to help Bulgaria decarbonize its emission-intensive economy

The European Bank for Reconstruction and Development (EBRD) is ready to help Bulgaria decarbonize its emission-intensive economy, its vice president said.

A shift from fossil fuels would pose a serious challenge to the Balkan country, which depends on coal-fired electricity plants.

Temenuzhka Petkova: Bulgaria will Continue to Rely on its Coal Plants

Bulgaria does not give up its coal plants, Energy Minister Temenuzhka Petkova said on February 24 after a meeting with the trade unions, which discussed the conditions under which the country would accept the so-called "Green Deal" of the European Commission for a carbon-free economy.

Germany's Coal Exit Plan will Cost more than 4 Billion Euros

German officials have agreed on a plan to shut down the nation's coal-fired power plants by the mid to late 2030s that will involve operators getting billions of euros in compensation, the government said Thursday.

German Finance Minister Olaf Scholz says coal industry operators will receive billions of euros in compensation.

Plan to turn lignite plants into energy storage units

The European Commission is examining the possibility of turning Western Macedonia in northern Greece into an electrical energy storage center for the Balkans, in cooperation with the World Bank and companies that are seeking opportunities for the commercial development of unfledged or pilot technologies for energy storage.

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