Energy Community sets stage for clean energy transition in South-East Europe

“While the European Union has been busy with the new Clean Energy Package, some important developments are also taking place in South-East Europe, where the Energy Community Treaty operates.

Just as elsewhere in the world, the decarbonisation of the power sector is the first major challenge for the Energy Community contracting parties on the road to energy transition. The region’s power sector comprises over 118 gigawatts (GW) of installed capacity, out of which 62 GW are coal power plants with an average age of over 40 years. Generally in recent decades South-East Europe has seen little investment in renewable power and is still heavily dependent on coal. To date only Bulgaria, Romania and Ukraine have significant solar PV and wind energy capacities.”

Click here to read more from Energy Transition.

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