Institution: Chinese investors, Commercial banks, World Bank Group
Western Balkans countries invest at least 2.4 times as much in coal as in wind power
Briefing | May 26, 2016 | Download PDF
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All the Western Balkans countries have committed to increase their share of renewable energy by 2020 to reach between 25 and 40 percent of their energy mix, as part of their obligations under the Energy Community Treaty. Yet this is far from obvious when examining their investment plans for new power generation capacity. Governments are actively planning to build 2800 MW of new coal plants with construction cost of at least EUR 4.5 billion. In contrast, these countries are only planning to build around 1166 MW of wind power plants, at an estimated cost of EUR 1.89 billion.
Theme: Energy & climate
Location: Albania, Bosnia and Herzegovina, , Macedonia, Montenegro, Serbia
Project: Banovici lignite power plant, Bosnia and Herzegovina, Kolubara B lignite-fired power plant, Serbia, Kolubara lignite mine, Serbia, Kosova e Re lignite power plant, Kosovo, Kostolac lignite power plant, Serbia, Pljevlja II lignite power plant, Montenegro, Stanari lignite power plant, Bosnia and Herzegovina, Tuzla 7 lignite power plant, Bosnia and Herzegovina, Ugljevik III lignite power plant, Bosnia and Herzegovina