Bankwatch statement on today’s EU Council decision about the ‘Energy Union’
19 March, 2015
Europe’s leaders have failed today to live up to their commitments and make the EU’s energy future more sustainable. The Commission’s ‘Energy Union’ strategy endorsed today by EU Heads of States prioritises new fossil fuel infrastructure at the expense of investments into energy savings and clean energy sources.
Read moreElectricity export ambitions may prove risky for Western Balkans, shows new study
19 March, 2015
The Western Balkans countries have strong electricity export ambitions that create the danger of stranded assets, finds a new report launched by CEE Bankwatch Network today. If governments take electricity expansion decisions without taking due account of developments in other countries, the region will have to compete with other nearby exporters and may find that its power plants become uneconomic.
Read moreBy the numbers: where will energy come from in the western Balkans?
19 March, 2015
Today we’ve published a new report analysing future energy trends in countries of the western Balkans. From a robust dataset we researched together with the University of Groningen and the consultancy ‘The Advisory House’, we’ve pulled out a couple of illustrations.
Read moreNew study sounds the alarm on safety in Ukrainian nuclear power plants operated beyond their design lifetime
17 March, 2015
Prague, Kiev – In December 2013, Ukraine’s State Nuclear Regulatory Inspectorate (SNRIU) has granted a 10 years lifetime extension license to unit 1 in the South Ukraine nuclear power plant. But a new independent study reveals critical vulnerabilities in the 32 year old nuclear unit that could have dangerous ramifications.
Read moreEuropean Parliament intergroup ITCO condemns new transparency policy of the European Investment Bank
13 March, 2015
The European Investment Bank’s slide towards secrecy, manifest in its newly adopted transparency policy, has been lambasted by the intergroup of the European Parliament responsible for transparency and corruption.
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