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bne FDebcreumabryer20220019 Companies & Markets I 21
past three years. In Bosnia, the first wind farm was launched in 2018 and two others are under construction, while in North Macedonia Bogdanci remains the only wind power plant.
The solar projects in the region are still at an early stage with construction scheduled to start in Montenegro in 2020 on
a 250 MW installation. North Macedonia plans to award
200 MW solar PV capacity.
WBIF has identified several barriers to the development of renewable energy sources, including a perception of high
cost of renewable energy power and need for subsidies; aging transmission and grid infrastructure that struggles
to cope with large variable RES energy volumes; slow and unpredictable planning processes; regulatory uncertainty as most countries are transitioning towards competitive support schemes; underdeveloped day-ahead and intraday markets, limited regional market integration and a high cost of capital stemming from both the above; and, the lack of experience in and limited comfort with lending to the sector of the local banking sector.
Turnover of Czech e-shops increased to a record CZK161bn in 2019
Nelly Tomcikova in Prague
The Czechs spent a record CZK161bn (€6.3bn) for
goods bought in e-shops in 2019, up by 15% year-on- year, based on data published by the Shoptet company which runs almost half of the Czech e-market (more than 20,000 e-shops), the Czech News Agency (CNA) reported
on January 2.
The number of online shops has grown by 3.5% y/y in 2019. Electronics, cosmetics and clothing represented the largest share of turnover. “We expect that this year the amount of money spent in e-shops will be slightly higher again,” said Shoptet CEO Miroslav Udan, CNA quoted.
Electronics accounted for 37% of last year's total online amount, followed by cosmetics with 12%. Women spent more on the Internet than men, buying 60% of goods sold.
“We are seeing a growing trend in online shopping for clothing. Not only large fashion e-shops, but also shops selling sports equipment, are playing their role. Online food shopping is also increasing rapidly, which we believe will continue to grow,” Udan added.
Almost 70% of all goods are sold by e-shops based in Prague, followed by Brno (8%) and Ostrava (6%).
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