The Western Balkan power sector: between crisis and transition
As energy transition in the Western Balkans slowly proceeds, energy crisis has hit the region on four fronts: electricity prices, technical problems at coal plants, lack of water for hydropower, and skyrocketing biomass prices. Western Balkan countries could collect at least EUR 2.8 billion annually to spend on a just and sustainable energy transition, if a domestic carbon pricing mechanism was in place.
Territorial Just Transition Plans should steer carbon-intensive regions towards climate neutrality while addressing social, economic and environmental issues and engaging stakeholders. After two years of planning and drafting the plans, Member States should be ready to implement them. In this episode, we explore the just transition in Bulgaria and Hungary with the help of our guests Alexa Botar, climate and energy program director at Friends of the Earth Hungary, and Ventzeslava Kojouharova, just transition campaigner at Za Zemiata, Bulgaria.
We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.