A perfect storm: The Western Balkans power sector in the time of CBAM
October 29, 2025
Starting with the EU’s Carbon Border Adjustment Mechanism (CBAM) full implementation in January 2026, most electricity generation companies in the Western Balkans will be heavily affected.
Preferential status for hydrogen infrastructure could cement Europe’s dependence on fossil gas
October 29, 2025
As the European Commission puts the final touches on a list of priority energy projects brimming with hydrogen infrastructure, both civil society and EU agencies are warning that a hydrogen expansion risks undermining the energy transition.
Open Letter to Participants of High-Level Decision-Making Meeting on the 2nd PCI/PMI List
October 23, 2025
In an open letter ahead of the October 2025 meeting of the EU’s High-Level Decision-Making body on the Projects of Common Interest and Projects of Mutual interest list, Bankwatch and 33 civil society groups warn that the process could be fuelling the EU’s misguided dash for hydrogen, further entrenching dependence on fossil gas and sabotaging Europe’s energy transition.
Six Member States looking to expand gas, waste and nuclear energy with billions from EU climate fund
October 6, 2025
Intended to drive the energy transition in the EU’s lower-income Member States, the Modernisation Fund has been doling out billions to fossil gas and other harmful energy infrastructure.
Dead end ahead: How gas plans are distracting the Western Balkans from the energy transition
September 25, 2025
This briefing provides an update on gas build-out plans in the Western Balkans since March 2023 and finds that they have remained remarkably steady in the last two years, despite increasing risks and financing challenges.
Dead end ahead for Western Balkan gas plans, shows new analysis
September 25, 2025
Western Balkan governments’ gas build-out plans remain as high as two years ago despite increasing risks of failure or stranded assets, finds a new briefing published today by CEE Bankwatch Network and Beyond Fossil Fuels (1).
Citizens urge Montenegrin government to halt gas deal with Japanese energy giant
September 9, 2025
A group of 40 non-governmental organisations, citizens, experts and environmental activists today sent an open letter to the Government of Montenegro and the Minister of Energy and Mining, Admir Šahmanović, calling for the suspension of the signing of a memorandum of understanding with JERA, Japan’s largest power generation company. The agreement concerns the proposed development of fossil gas projects in Montenegro, including a gas-fired power plant and a liquefied natural gas (LNG) terminal with associated infrastructure. The agreement is set to be signed during the 2025 Gastech conference in Milan, taking place between 9 and 12 September.
Western Balkans: Majority of EU energy crisis package funds untraceable, shows new report
July 23, 2025
Only EUR 163 million of the European Commission’s EUR 1 billion emergency funding can be shown to have contributed to tackling the root causes of the energy crisis and advancing the Green Agenda for the Western Balkans, according to a new report by CEE Bankwatch Network, published today (1). More than two years after the lion’s share of the funds were disbursed, most spending and results still cannot be traced using publicly available sources.
The billion euro question – What has been achieved with the EU’s Western Balkans Energy Support Package?
July 22, 2025
In November 2022, the European Commission announced a EUR 1 billion Energy Support Package for the Western Balkans to mitigate the immediate effects of the energy crisis and accelerate the energy transition in the region.
The Connecting Europe Facility for Energy: Funding fiction, failing climate
July 15, 2025
The Clean Industrial Deal envisions an expansion of both hydrogen and carbon capture throughout the EU. The experts’ prevailing view is that hydrogen can only advance the energy transition in a few hard-to-abate sectors, and there are serious concerns over the very viability of carbon capture, especially at scale. Yet our latest analysis reveals that a little-known EU infrastructure fund has been handing out hundreds of millions to these dubious technologies.
