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Significance
In South-east Europe, decarbonisation plans vary greatly between EU member states and non-members. The latter are lagging behind and in some cases reverting to coal. Divergence is growing as the EU gives much more funding for transition to members than non-members.
Impacts
Record-high prices will limit investment in gas-fired power plants and slow the gasification of households.
Populists will capitalise on opposition to the closure of lignite-burning thermal power plants.
Countries in the Western Balkans will not rush to join the EU’s Emissions Trading System.
Keywords:
Balkans,
EUR,
Albania,
Bosnia-Hercegovina,
Bulgaria,
Croatia,
Greece,
Kosovo,
Montenegro,
North Macedonia,
Romania,
Serbia,
Eastern Europe,
EU,
economy,
industry,
energy,
coal,
electricity,
gas,
nuclear energy,
renewable energy,
Energy,
Energy,
Electric,
Gas
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2022
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