The European Parliament urged the EBRD and EIB to review their support for hydropower plant projects in its last week’s resolutions on the European Commission’s 2018 reports on Albania and Montenegro. The votes come as a clear sign that the European institutions are starting to reconsider their support for hydropower as green energy.
With construction advancing in Bulgaria’s Kresna gorge, discussion happening now at the Bern Convention in Strasbourg having taken on an increased sense of urgency.
Lessons learned from Germany’s 20-year experiment in energy transformation
November 19, 2018 | Read more
Germany pioneered broad support measures for renewable energy by the late 1990s. These measures, referred to as Energiewende or ‘energy transformation’, offer a valuable insight for other countries, which introduced support mechanisms for renewable energy later or have not done so yet.
Will the long-awaited bypass road pave the way to reconciliation?
November 15, 2018 | Read more
Villagers in rural Olyanytsya, in central Ukraine, are hopeful that village life is about to become a lot more bearable. After putting up with intense heavy vehicle traffic from the industrial farming operations of agro-giant Mironivsky Hliboproduct (MHP) for years, the company has finally finished building a bypass road to divert traffic around residential areas.
Successive international analyses have cast serious doubts over the financial viability of the planned Nenskra plant. While the Georgian government keeps the project’s contract confidential, a leaked World Bank report offers a scathing account of the fiscal implications of this hydropower development.
EBRD confirms it will not finance New Kosovo coal plant
November 13, 2018 | Read more
Following the World Bank’s recent statement [1] that it will not provide support for the 500 MW New Kosovo coal power plant, the EBRD has now followed suit by confirming that it is not considering support for the project.