Sustainable energy

BELGRADE - Serbian Minister of Mining and Energy Dubravka Djedovic met with the director of the World Bank Office in Serbia Nicola Pontara on Thursday to discuss cooperation in the process of Serbia's energy transition.

"The Recovery and Resilience Plan needs to be renegotiated. I believe that with the efforts of the caretaker cabinet and the experts involved in the task, we will be able to renegotiate it in such a way that Bulgaria shows enough ambition for its path to decarbonization before the EC," said the Minister of Environment and Water Rositsa Karamfilova.

The world is at the "dawn of a new industrial age" of clean energy technology manufacturing that will triple in value by 2030 and create millions of jobs, the International Energy Agency (IEA) has said.

LAMDA DEVELOPMENT S.A. announced that its 100% subsidiary, LAMDA ENERGY INVESTMENTS S.M.S.A., signed a share transfer agreement regarding the purchase of 20% of the share capital of R Energy 1 Holding for a cash consideration of €5m.

In September, most Slovenian companies expected to cut production by the end of the year in the face of the energy crisis. This has been reflected in electricity consumption, which was much lower last month year-on-year, said the Institute of Macroeconomic Analysis and Development (IMAD). The same goes for natural gas consumption in recent months.

The billowing winds that swept Greece over the last three days were enough to produce up to 83% of the electricity consumed by households and businesses and to knock down the average wholesale electricity price by 44%.

On its 50th birthday, Motor Oil is taking the next big step and creating Motor Oil Renewable Energy (MORE Energy).

Clean energy now provides more employment than the fossil fuel industry, reflecting the shift that efforts to tackle climate change are having on the global jobs market, according to a report yesterday.

Amid the energy crisis intensifying worldwide due to the Ukraine war, Galatasaray has broken Guinness World Record for producing 63 percent of its stadium energy, daily Milliyet has reported.

Both the increasing energy prices and the climate crisis have started to bring the issue of energy saving to the agenda of football.

According to the Daily Express - National Grid, the operator of Britain's single energy system, plans to incentivize residents of the country to reduce their energy consumption during the autumn and winter, when the country's energy consumption is at its highest.