Key findings of the report “A Race to the Top” by Global Energy Monitor show:
■ Prospective utility-scale solar and wind capacity amounts to 23 GW in the Western Balkans, 70% more than a year ago, and comparable to prospective capacity in Germany.
■ Only 6% (1.3 GW) of prospective capacity is under construction and very likely to become operational.
■ The buildout of solar and wind projects has the potential to displace operating and prospective gas-fired power in the Western Balkans.
■ A clean energy transition could avert 103 million tonnes in lifetime CO2 emissions from the dash to gas, and save over €9 billion in energy costs over the same period.
■ Operating utility-scale solar and wind capacity account for roughly 7% of the regional electricity mix (1.5 GW).
■ Serbia has the largest share of operating (29%) and prospective (47%) utility scale solar and wind capacity in the region.
■ Political prioritisation of solar and wind power over gas power by national governments, the EU, and the U.S. is required for a just energy transition in the Western Balkans.
Access the complete report here
