A race to the top: Western Balkans 2024
Report | 16 July 2024
A report by Global Energy Monitor, CEE Bankwatch Network and REScoop.eu reveals the Western Balkans have more than 23 GW of proposed utility-scale solar and wind projects—almost 70 per cent more than a year ago. If these projects become operational, they could replace all present and future gas power capacity in the region, avert 103 million tonnes in lifetime CO2 emissions, and save over EUR 9 billion in stranded assets.
Yet the region’s operating utility-scale solar and wind capacity currently accounts for just 7 per cent of the regional installed capacity (1.5 GW). And only 6 per cent (1.3 GW) of prospective capacity is under construction and very likely to become operational. To increase the realisation rate, the report calls for political prioritisation of renewables over gas and rationalisation of permitting processes, while ensuring full application of EU environmental law.
Project: Coal in the Balkans
Tags: Western Balkans | energy transition | solar energy
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