The European Commission has endorsed easy access to corporate renewable PPAs, important instruments in the Commission’s newly released toolbox which guides Member States on how to deal with the current surge in energy prices.
Adam Guibourge-Czetwertyński, Poland’s Vice-Minister of Climate noted that there are insufficient revenues that cannot balance the costs of transformation incurred by the individual member States and the installations covered with EU ETS.
The EBRD has adopted new country strategies for the Baltics for the period 2021-26. Among the main priorities, there is the green economy transition of all three countries: Latvia, Estonia and Lithuania.
The EBRD is providing a 70 million euros loan to Albanian energy company OSHEE to address liquidity gaps caused by the COVID-19 pandemic and to construct a modern, underground substation in central Tirana.
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