Poland and Bosnia-Herzegovina ramp up renewables
Eastern European countries are racing to build capacity to wean themselves off coal and hydropower respectively
The Polish wind market is flourishing as it seeks to reduce its dependence on coal, while Bosnia and Herzegovina is eyeing new solar capacities that could fix what many consider to be a misguided hydropower-heavy renewables policy. Most Eastern European countries are lagging considerably behind their Western European neighbours in the adoption of renewable energy, with a ubiquitous heavy dependence on hydrocarbons and often outdated regulatory frameworks, but the recent news is indicative of a larger trend in the region. “There is scope for attracting both local and European subsidies given the increased focus on promoting renewables and increasingly ambitious climate goals” Voloshin,
Also in this section
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
Recent project approvals have yielded millions of carbon credits linked to the plugging of the US' abandoned wells
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks