Energy transition: Montenegro leads, Ukraine ahead of Serbia

The report showed that members of the Energy Community had made progress in market-oriented, sustainable energy reforms despite the COVID-19 pandemic. [Shutterstock/Bene_A]

Montenegro is still the region’s leader in terms of energy transition, but Ukraine has come second, ahead of North Macedonia and Serbia, according to the Energy Community’s latest Annual Implementation Report 2020, released on Monday.

The report showed that members of the Energy Community had made progress in market-oriented, sustainable energy reforms despite the COVID-19 pandemic. The average ratio at which regulations are implemented by the group’s member states has increased from 48% to 53%, compared to the report released in 2019.

Kosovo and Albania are in the middle of the list, having made certain progress, while Moldova has achieved modest results in the process.

Bosnia and Herzegovina is at the bottom of the list, as a state facing the largest number of proceedings over violations of the community’s rules.

Georgia, the newest addition to the Energy Community, does not rank well but has been one of the quickest reformers in the reporting period.

The EU, the Western Balkans, Ukraine, Moldova and Georgia are all members of the Energy Community, while Turkey, Armenia and Norway are observers.

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