Cost-competitive renewable power generation

In search of new and long-term energy strategies, policy makers are realising the ever-growing need to replace old power plants and addressing rising electricity consumption in most countries around the region.

The International Renewable Energy Agency (IRENA) undertook a project on cost-competitive renewable energy in South East Europe (including: Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Kosovo, Albania, North Macedonia, Bulgaria, Serbia, Romania, Republic of Moldova and Ukraine). Project’s aim was to carry out a systematic assessment of the overall electricity potential of the region, including all renewable energy options (hydropower, wind, solar photovoltaic, geothermal and biomass resources). Projects’ main goal was to fill the data gap in the region regarding the potential and costs for developing solar photovoltaic and wind options.