Whose Energy Community? Treaty improvements urgently needed
Publication | 20 March, 2014The EU-backed Energy Community Treaty, signed in 2005 and comprising the western Balkan countries, Ukraine and Moldova, has been widely hailed as encouraging regional co-operation. It also sets a legislative framework for the signatories (also known as the contracting parties) that should contribute, along with the EU accession process, to addressing the environmental and social impacts of the energy sector. Indeed, examples of the Energy Community’s added value are its adoption of renewable energy targets in October 2012, as well as a requirement for power plants to comply with EU emissions limits.
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Slovenia’s shoddy Šoštanj 6 busts the myth of cheap lignite power
Publication | 20 March, 2014Bankwatch has been monitoring and campaigning against the ill-conceived EBRD- and EIB-financed Unit 6 at Šoštanj in Slovenia for several years now. Yet the project never ceases to amaze with its myriad flaws and scandals – and the first few months of 2014 have been no exception.
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Oil casts long shadow over local people in Albania
Publication | 20 March, 2014Local development and investments in resource extraction rarely go together hand in hand. Bankwatch’s Media coordinator David Hoffman reports back on a recent visit to the EBRD sponsored Patos Marinza oil field in Albania. The case provides valuable lessons for the current revision of the EBRD’s safeguard policies.
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Where’s Plan B for Kosovo’s energy sector?
Publication | 20 March, 2014Ideas about the construction of a new lignite power plant in Kosovo have existed since the end of the 1980s, and even the current Kosova e Re proposal – scaled down to 600 MW from the original 2100 MW – has been around since 2009. It is being touted by the Kosovo government, the World Bank, USAID and the European Commission among others as the only realistic option to replace the ageing and heavily polluting Kosovo A power plant.
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The good, the bad and the uncertain: the new energy policies of Europe’s public banks
Publication | 20 March, 2014The European NGO coalition Counter Balance has recently published a short overview of the new energy policies now in place at the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB). Both banks’ new policies were finalised towards the end of 2013 following extensive consultation with stakeholders from the energy sector, civil society and academia.
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‘Fools and liars’ – major new report slams mega-dams, as tensions rise over Georgia’s Khudoni project
Publication | 20 March, 2014A new report published on March 10 by a team of researchers from the University of Oxford, based on the largest ever study of large hydroelectric dams (245 in 65 countries) has found that in most cases large dams are economically not viable and few, if any, will realise their planned benefits. The study assessed the costs, construction time, and benefits of all large dams built around the world since 1934, and further concluded that the severe cost and construction delays that so often dog large dams (defined in this research as those that exceed 15 metres in height) mean they can be seriously damaging to the economies that attach so much hope to them.
Read moreBankwatch Mail 58
Publication | 20 March, 2014Issue 58 of Bankwatch Mail, published as stakeholders meet in the European Parliament to discuss the future of the ‘Energy Community’. Comprising the countries of the western Balkans, Moldova and Ukraine, the Energy Community aims primarily to extend EU internal energy policy to south east Europe and the Black Sea region. Its modus operandi and achievements are now being evaluated at high level, which – as this issue shows – is undoubtedly necessary given the stunning number of highly questionable coal and lignite fired power plants that are proceeding in various Energy Community members.
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Where’s Plan B for Kosovo’s energy sector?
Blog entry | 18 March, 2014When it comes to Kosovo’s energy future, institution after institution has been putting most of its eggs in a ‘new lignite’ basket while some very reasonable alternative investment options seem to fall by the wayside.
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Georgian Ministry of Energy orders use of force against local protesters who fear landslides from hydro construction
Blog entry | 14 March, 2014Last weekend, the Georgian Ministry of Energy and Natural Resources again left no doubt about where its main interests lie: enforcing the massive exploitation of Georgia’s hydropower potential despite and against people’s concerns and if necessary by use of force.
Read moreNGOs respond to EU aid for Ukraine: watch for the devil in the details
Press release | 6 March, 2014Prague — As the European Council on aid to Ukraine concludes today in Brussels NGOs caution that the 11 billion euros put forward by the EU come on terms which will not necessarily foster an independent, self-reliant Ukraine.
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