The individual Western Balkan countries and the region are at a turning point. To be able to keep up with an energy demand growth estimated at around two percent on average by 2030, policy makers will need to make policy and investment decisions to address the following key challenges for the region: The large backlog of investments.
A common feature of the Western Balkan region is the high share of fossil fuels in the supply mix (coal in particular) and the high import dependency on oil, petroleum products, and natural gas. In 2014, coal (mostly domestic lignite) accounted for 47 percent of total primary energy supply (TPES), followed by oil
By focusing on renewable energy and energy eficiency, the Western Balkan Six will enhance their energy security and sustainability while taking significant steps towards a greener and more equitable future. Currently, the Secretariat is evaluating the draft integrated national energy and climate plans submitted during the summer months.
... In a case study made by Topalovic et al. to evaluate the economics of different energy storage in Western Balkans, authors found that pumped hydro storage systems is the most cost competitive ESS, in addition to their role in grid flexibility, and their influence on electricity market competitiveness.
If the Western Balkan countries invest in hydrogen-ready infrastructure and storage technologies instead, they can reduce cumulative fossil gas demand by 50 percent up to 2045 while cutting overall costs by 12 percent compared to a strategy that bets on fossil gas to replace aging lignite.
The study “Powering the Future of the Western Balkans with Renewables” is accompanied by two slide decks containing detailed country-level and regional-level modelling results. Making Western Balkans’ power systems CO₂ free by 2045 is possible and would save money.
The Balkan Peninsula Flashcards
The term grew out of the complex cultural patterns and political geography of the Balkan Peninsula. Perhaps the one thing that the Balkan nations share is their historical experience. The peoples of this region have all known the ordeal of foreign domination. For 500 years they were ruled by the Turks, whose influence can be seen there to this day. Today, the Balkan …
12 EXCITING Things to Do in the Balkans (2025 Guide)
1. Krka National Park, Croatia. If you''re wondering about the best places to go in the Balkans, Krka National Park in Croatia should be at the top of your list. This park, named after the Krka River that meanders through Southern Croatia, is a natural wonderland boasting seven breathtaking waterfalls. Covering an area of about 142 square kilometers, the park is …
Belgrade Energy Forum 2024 – energy storage is next big thing
There are exponential opportunities for energy storage investments to facilitate the green transition, main developers and operators in Southeast Europe said at Belgrade Energy Forum.
Techno-economic analysis of energy storage systems for …
Energy storage systems, as they can provide the flexibility needed, are considered a key component for efficient power systems transitioning from fossil fuels to renewable energy …
Powering the future of the Western Balkans with renewables
Storage technologies provide flexibility and enable renewables expansion throughout the region. Greater energy storage capacity enables rapid growth in PV, the most …
Powering the future of the Western Balkans with renewables
Storage technologies provide flexibility and enable renewables expansion throughout the region. Greater energy storage capacity enables rapid growth in PV, the most easily scalable renewables technology. Storage also lowers the need for hydrogen power plants that will replace gas plants.
Living In The Balkans: A Guide For Expats
Situated in Southern Europe, the Balkan Peninsula is home to some of the most beautiful yet often overlooked destinations on the continent. Balkan countries have long been characterised as places of political turmoil and instability, but …
SUMMARY OF THE REPORT ON THE IMPLEMENTATION OF THE
By focusing on renewable energy and energy eficiency, the Western Balkan Six will enhance their energy security and sustainability while taking significant steps towards a greener and more equitable future. Currently, the Secretariat is evaluating the draft integrated national energy and climate plans submitted during the summer months.
Analysis of the Water—Power Nexus of the Balkan Peninsula
Balkan Peninsula Region is dependent on energy import, especially the oil and natural gas imports, with the high dependence and use of coal, primily lignite, in power generation. Besides the high carbon density due to the heavy dependence on coal, the excessive use of wood for fuel is a significant environmental concern, as it is the cause of air pollution, …
The Future of Power Storage in South Eastern Europe
On the example of power storage, the workshop contributed to an exchange on methodology for the quantitative evaluation of energy storage benefits and to a feedback lessons learnt in different regions of the EU with regard to RES-E support policy, RES-E market integration, and efficient market liberalisation and cross border aspects. Chatham ...
Zejneba Topalović ELECTRICITY STORAGE PROBABILITY IN …
Western Balkans have high potential for pumped-hydro storage investment due to the geographical region, and high hydro generation. Profits from the simulated price arbitrage are …
SUMMARY OF THE REPORT ON THE IMPLEMENTATION OF THE
By focusing on renewable energy and energy eficiency, the Western Balkan Six will enhance their energy security and sustainability while taking significant steps towards a greener and more …
Economics of electric energy storage. The case of Western Balkans
Energy storage could be the key component for efficient power systems transition from fossil fuels to renewable sources. The core objective of this paper is to investigate the...
50+ Places to Visit in the Balkans Before You Die
Not technically on the Balkan peninsula, ... Just don''t fill up on too much polenta and hornica, you need to save some of your energy to enjoy Bucharest''s buzzing nightlife. 27 – Crete, Greece. The fifth-largest island in the Mediterranean also happens to be the largest of Greece''s many islands as well as its most southernmost. See also. Balkan Bus Trips: 10 Things You Must Know …
Western Balkans Energy Directions Paper
This report summarizes emerging issues and constraints in the energy sector related to the goal of securing an affordable, reliable, and sustainable energy supply in the Western Balkan (WB6) region, comprising Albania, Bosnia and Herzegovina, Former Yugoslav Republic (FYR) of Macedonia, Kosovo, Montenegro, and Serbia.
Economics of electric energy storage. The case of Western Balkans
Effective energy storage has the potential to enhance the global hosting capacity of renewable energy in power systems, accelerate the global energy transition, and reduce our reliance on fossil fuel-based generation. Pumped hydro storage (PHS) is the most common storage technology due to its high maturity, reliability, and effective ...
Economics of electric energy storage. The case of Western Balkans
Energy storage could be the key component for efficient power systems transition from fossil fuels to renewable sources. The core objective of this paper is to investigate the cost-effectiveness of pumped hydro storage and large-scale battery storage systems.
Belgrade Energy Forum 2024 – energy storage is next …
There are exponential opportunities for energy storage investments to facilitate the green transition, main developers and operators in Southeast Europe said at Belgrade Energy Forum.
The Future of Power Storage in South Eastern Europe
On the example of power storage, the workshop contributed to an exchange on methodology for the quantitative evaluation of energy storage benefits and to a feedback lessons learnt in …
Balkan Countries
The term "Balkan Countries", or simply "The Balkans", refers to the countries that are located on the Balkan Peninsula, which is situated in southeastern Europe. There is, however, a distinction between what constitutes the Balkan Countries from a geographical perspective and what constitutes them from a political perspective. In terms of geography, the …
Which Country in the Balkans is the Best?
This is a tough question and varies depending on who you ask. The Balkans gets its name from the mountain range in Bulgaria. There''s also the Balkan Peninsula, but the countries aren''t confined to the peninsula. The main …
10 Places to Visit This Summer in the Balkan Peninsula
The colorful capital city of Albania is one of the liveliest towns in the Balkan Peninsula and, despite the warm temperatures, gives its best in the summertime. After a tour of the town, with stops to visit Skanderbeg Square and a few of the museums and art galleries, take a stroll by the artificial lake to relax and enjoy the quiet atmosphere.
Zejneba Topalović ELECTRICITY STORAGE PROBABILITY IN WESTERN BALKAN ...
Western Balkans have high potential for pumped-hydro storage investment due to the geographical region, and high hydro generation. Profits from the simulated price arbitrage are higher with higher price-spreads that happen in the electricity
Economics of electric energy storage. The case of Western Balkans
Effective energy storage has the potential to enhance the global hosting capacity of renewable energy in power systems, accelerate the global energy transition, and reduce our …
Russian Government Policy in the Western Balkans
In his book "Balkan Russia," Murati argues that Russia''s actions in the Balkans are focused on targeting former Soviet and Slavic states with a view to reactivating a common Slavic umbrella (joint military manoeuvres with Serbia, creation of the Panslav Forum in Slovenia), as well as on targeting the axis of Balkan Orthodox States as instruments to spread Russia''s …
Techno-economic analysis of energy storage systems for electricity …
Energy storage systems, as they can provide the flexibility needed, are considered a key component for efficient power systems transitioning from fossil fuels to renewable energy sources. In this thesis storage systems for electricity are analyzed from the technical and economic perspective, considering energy storage profitability
Western Balkans Energy Directions Paper
This report summarizes emerging issues and constraints in the energy sector related to the goal of securing an affordable, reliable, and sustainable energy supply in the Western Balkan …