Download full report
Select format

Cost-competitive renewable power generation: Potential across South East Europe

This report finds the region has a vast technical renewable energy potential of 739 gigawatts (GW) with wind energy being the most abundant resource, more than 4 times higher than that of solar PV. By 2030, additional cost-competitive potential for solar PV and wind is expected to reach 620 GW.

Newsletter

Renewable energy has long been used in South East Europe, whether as fuelwood for heating or in the form of hydroelectric power generation. More recently, governments from Slovenia to Ukraine have pledged to shift to renewables to replace ageing fossil-based energy installations and reduce carbon-dioxide emissions. Clean, sustainable power sources should drive future economic growth.

This report from the International Renewable Energy Agency (IRENA), prepared in collaboration with regional researchers, aims to support South East European governments in preparing long-term renewable energy strategies.

While non-hydro renewables have previously been treated with caution, falling costs have prompted South East Europe’s policy makers to take a closer look. The region – encompassing the newest European Union (EU) member states and others in the EU-led Energy Community – envisages ambitious targets for 2030.

For more on the region’s abundance of renewable energy resources, see Cost-competitive renewable power generation: Potential across South East Europe.

In January 2017, ahead of the seventh annual IRENA Assembly, heads of delegation from across the region confirmed the intention to scale up renewables in line with the EU’s 2030 Climate and Energy Policy Framework. This commitment is underlined in the Abu Dhabi Communiqué on Accelerating the Uptake of Renewables in South East Europe.