PANEL 1 of the conference on "Energy transition in South East Europe: Policy and Investment Challenges" organized by Romania Energy Center (ROEC) in partnership with the Institute of Energy for South East Europe (IENE).
A Great Transition is underway, a process that is as much about efficiency, electricity and heat, clean transport, green cities or smart buildings, as it is about RES or EV deployment, coal phase out, and new nuclear projects. Europe has long been a leader of this global effort. Within Europe, Scandinavia and the UK are driving this effort. In the last decade alone, the UK and Denmark have achieved the largest national reduction in coal use (switching 25% of their electricity supply from coal to gas and renewables). Germany has become a global leader in wind and solar power (ranking 1st for solar and 3rd for wind capacity installed per person). When it comes to the electrification of transport (EVs), Norway is in a league of its own.
South East Europe as a region, on the other hand, is lagging behind. Despite an excellent renewable energy potential (according to IRENA, the region has up to 740 GW of RES potential), the region’s wind (532 GW) and solar PV (120 GW) potential is largely untapped.
The conference examines the latest developments which relate to Energy transition in the South East European region, with a focus on Romania and Greece, as well as issues such as obstacles, policy, role of natural gas and district heating, all within the larger framework for a carbon-neutral economy in this region.
More about the event here: www.roec.biz/event/energy-tra...