Balkan Peninsula Container Energy Storage Project

What is the energy support package for the Western Balkans?

At the Berlin Process Summit on November 3, 2022, the European Commission announced a €1 billion Energy Support Package for the Western Balkans to address the region's immediate and longer-term energy needs amid the 2022/23 energy crisis.

How much does the Western Balkans spend on energy?

According to available Household Budget Survey figures, the median household in the Western Balkan countries spends between 7 and 10 percent of their total budget on energy. The World Bank provided comments/recommendations on targeted support programs for energy vulnerable customers (EVC) in Kosovo, North Macedonia and Serbia.

Why are Western Balkan countries so carbon intensive?

Most Western Balkan countries are very carbon intensive because about 83 percent of their primary energy use comes from fossil fuels (compared to 70 percent in the EU, on average).

What is the Western Balkans 6 energy crisis response Pasa?

The "Western Balkans Six Energy Crisis Response PASA” (P179826) was approved in November 2022 with the development objective to ‘support design and implementation of medium- to long-term strategies to ensure energy security and resilience while meeting the decarbonization and sustainability objectives in the six Western Balkan countries’.