The Hungarian energy emergency action plan: delaying the national fossil fuel phase-out, undermining EU energy solidarity
1 August, 2022
The quickly prepared Hungarian energy emergency action plan, which comes into effect today on 1 August, is supposed to increase national energy supply security through seven measures. But as our assessment and those of other experts show, even if the plan runs only temporarily and in the short term, the consequences will be felt by Hungarian citizens in the longer term.
Read moreEIB moves to curb intermediated hydropower financing
29 July, 2022
The EU’s house bank has recently updated its exclusion list, a document detailing what kind of projects it will not finance. This finally closes a long-standing loophole allowing ill-suited intermediaries to finance hydropower projects.
Read moreNew report: Southeast Europe hydropower investment risks are high and rising
27 July, 2022
Greenfield large hydropower investments across southeast Europe (1) face major risks and low realisation rates, according to a new report by CEE Bankwatch, EuroNatur, Riverwatch and WWF Adria published today, which also highlights nine high-risk project cases (2).
Read moreRiding roughshod over EU environmental and public consultation rules risks boomerang effect for renewables development
25 July, 2022
In an attempt to end reliance on Russian gas, the European Commission is seeking to speed up renewable energy deployment. But its proposals threaten to erode decades of hard-won EU environmental and public consultation achievements.
Read moreSkavica Dam — the last thing Albania needs
22 July, 2022
Instead of increasing its energy security, Albania is pushing the construction of yet more hydropower, leading to thousands losing their land and the potential extinction of Europe’s rarest cat. Will the US International Development Finance Corporation really consider financing Skavica?
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