decarbonization – Page 4 – AEA-Albania Energy Association

November 17, 2025

by AEA in News

Maćić: Exempting Serbia from CBAM for electricity would mean disastrously fast decarbonization; carbon tax will also block market coupling with EU

Obtaining an exemption from the European Union’s Carbon Border Adjustment Mechanism (CBAM) for electricity would mean a rapid and unfeasible decarbonization of Serbia’s energy sector, which would be unacceptable for households and businesses alike, according to Ljubo Maćić, special advisor at Serbia’s Economics Institute. This is why Serbia never sought an exemption. He added that […]

November 17, 2025

by AEA in News

Project pipeline in Greece for CO2 capture, storage nearing EUR 4 billion

Carbon capture and storage projects worth as much as EUR 3.6 billion are under development in Greece. Energean’s subsidiary EnEarth has launched a tender for drilling two wells for the Prinos site under the Aegean Sea, while DESFA won a EUR 169 million EU grant for a carbon dioxide liquefaction unit. Investors in Greece are […]

November 10, 2025

by AEA in News

OMV, Masdar to build 140 MW green hydrogen plant in Austria

OMV and Masdar are setting up a joint venture for the development and operation of the fifth-largest electrolyzer plant in Europe. The facility is already under construction in Austria. The UAE-based company would be a minority shareholder, with 49%. Austrian integrated energy, fuels and chemicals company OMV and Masdar – Abu Dhabi Future Energy Co. […]

November 10, 2025

by AEA in News

Cement maker Holcim gets EU grant for carbon capture project in Romania

A carbon capture and storage (CCS) project developed by cement maker Holcim Romania has been awarded financing under the European Union’s Innovation Fund. The European Commission has selected 61 cutting-edge net-zero technology projects across the EU to receive a total of EUR 2.9 billion in funding, covering sectors such as oil refining, hydrogen, transportation, chemicals, […]

November 10, 2025

by AEA in News

Serbia’s power utility EPS adopts Decarbonization Action Plan

Power utility Elektroprivreda Srbije has developed its Decarbonization Action Plan, said Executive Director for Investments and Development Aleksandar Jakovljević. The Decarbonization Action Plan of Elektroprivreda Srbije (EPS) involves the gradual reduction of electricity production from coal, the construction of pumped storage hydropower plants, and over 20 GW of new capacity from renewable energy sources, Aleksandar […]

November 8, 2025

by AEA in News

ESM secures EUR 1.5 million grant to accelerate North Macedonia’s energy transition

North Macedonia’s power utility Elektrani na Severna Makedonija has secured a EUR 1.5 million grant to strengthen its capacity and accelerate the energy transition. Elektrani na Severna Makedonija (ESM) made a major step toward a market-driven green transformation with a grant implementing agreement with Germany’s KfW Development Bank. The agreement formalizes a EUR 1.5 million […]

November 8, 2025

by AEA in News

RE-Source Platform: Number of PPAs in Europe drops by 60%

The number of power purchase agreements in Europe decreased by 60% compared to the same period last year, while contracted capacity has dropped by 40%, according to RE-Source Platform. Europe’s power purchase agreement (PPA) market is facing headwinds in grid development, permitting and electrification and from negative electricity prices, RE-Source Platform warned. RE-Source Platform facilitates […]

November 8, 2025

by AEA in News

EU waters down its 2040 climate target in runup to COP30 in Brazil

The Council of the European Union upheld the proposed 90% emissions cut target for 2040 ahead of the United Nations Climate Change Conference COP30 in Brazil, but with substantial workaround possibilities. In addition, the environment ministers failed to define the 2035 ambition, leaving the desired reduction in the amount of released greenhouse gases in a […]

November 3, 2025

by AEA in News

PPC building three battery storage facilities in Greece

PPC Group has launched the construction of a battery energy storage system in the area of its Amyntaio coal plant. The company is also building BESS facilities at its thermal power plants Kardia and Meliti, as it is preparing to end coal use in Greece. One BESS unit is under construction in Bulgaria, as well. […]

October 30, 2025

by AEA in News

Renewable electricity should not be subject to EU’s CO2 import tax

The European Commission is collecting evidence to come up with solutions for unintended effects of the Carbon Border Adjustment Mechanism (CBAM) on renewable electricity in the Western Balkans, Director of the Energy Community Secretariat Artur Lorkowski pointed out in an interview with Balkan Green Energy News, as one of the most important developments in the […]

Tag Archives: decarbonization

Maćić: Exempting Serbia from CBAM for electricity would mean disastrously fast decarbonization; carbon tax will also block market coupling with EU

Project pipeline in Greece for CO2 capture, storage nearing EUR 4 billion

OMV, Masdar to build 140 MW green hydrogen plant in Austria

Cement maker Holcim gets EU grant for carbon capture project in Romania

Serbia’s power utility EPS adopts Decarbonization Action Plan

ESM secures EUR 1.5 million grant to accelerate North Macedonia’s energy transition

RE-Source Platform: Number of PPAs in Europe drops by 60%

EU waters down its 2040 climate target in runup to COP30 in Brazil

PPC building three battery storage facilities in Greece

Renewable electricity should not be subject to EU’s CO2 import tax

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