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As energy crises trump climate promises, the Balkans shift to coal

4.As energy crises trump climate promises, the Balkans shift to coal
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Balkan nations in southeast Europe are switching to coal to tackle the global surge in energy prices. It increasing the fear among environmentalists that countries are disputing back on the promise to phase out the most polluting fossil fuel.

A leader in attracting renewable energy investors North Macedonia planned to open two new coal mines to deliver power stations. The energy ministry also wants to buy 3 million tonnes of coal from Kosovo, said the energy ministry. But no deal has been signed yet.

“On the note of energy crisis, not just us, all European nations have suddenly increased production of electricity from coal as it is the cheapest source”, said Vasko Kovacevski, CEO of state-owned power utility Elektrani na Severna Makedonija.

Flying wholesale prices, low inventories, and Russia’s invasion of Ukraine has sent energy prices zooming and forcing many countries to scramble for secure supplies.

 

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