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Home > News

News

How much will the Macedonian hydropower plant Boskov Most really cost?

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December 5, 2014 | Read more

The total costs of the Boskov Most hydropower plant project in Macedonia will possibly cost more than twice the projected EUR 84 million, considering that many aspects have so far not been studied or remain unresolved.

European Commission opens infringement procedure against Romania over coal mine

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December 4, 2014 | Read more

Bucharest — The European Commission has opened an infringement case against Romania regarding the lignite quarry extension at the Rovinari complex in Gorj County. The Commission suspects Romania of not complying with the EU Directive concerning the environmental impact assessment of projects.

Energy security for Europe or profit for Lukoil?

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December 4, 2014 | Read more

Despite the Russian invasion in Ukraine leading to EU and US sanctions against Moscow and major Russian energy companies, public banks supported by EU countries are just gearing up to offer a one billion dollar loan to Russian company Lukoil for gas extraction in Azerbaijan.

EU Project Bonds are a worrying indication for the future EU long term investment plans

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December 4, 2014 | Read more

As the pilot phase of the EU Project Bonds Initiative is coming to an end, a roundtable discussion in the European Parliament takes stock of the initiative.

NECU and Bankwatch statement on the incident at Zaporizhye nuclear plant in Ukraine

December 3, 2014 | Read more

Statement on an incident at the Zaporizhye nuclear power plant in Ukraine, where a power transformer dysfunction occurred on November 28th.

Sostanj lignite plant: A mistake not to be repeated

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December 2, 2014 | Read more

Ljubljana — A new briefing by Slovenian NGO Focus shows how misguided assessments of future viability and corruption led to TES6 lignite unit costing more than double the estimated amount, bringing annual losses of tens of millions of euros, and creating only a fraction of the number of jobs promised.

Juncker investment package shifts risk from private investors to EU taxpayers

November 26, 2014 | Read more

Brussels – Today European Commission president Jean-Claude Juncker will present his widely anticipated 300 billion euro investment package aimed at stimulating growth in the European economy. Central to the InvestEU programme is a 21 billion euro allocation for the newly-created Euopean Fund for Strategic Investment (EFSI) that has to leverage 315 billion euro from private investors, or 15 times the amount of the fund.

New study assesses prospects for EU funded low-carbon energy solutions in Polish regions

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November 25, 2014 | Read more

The low-carbon energy ambitions of Polish regions for future EU funding are very diverse with only a few promising cases as an analysis of the Operational Programmes of Polish regions shows.

EBRD sticks to business as usual despite Ukraine facing war and severe shortages

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November 21, 2014 | Read more

With Ukraine’s ongoing fight for sovereignty and integrity emphasising once more the country’s energy vulnerability in front of Russia, the need to radically reform the Ukrainian energy sector became crucial for the survival of the country. And yet, moves in this direction are way too slow. Despite positive rhetoric on the need to prioritise energy efficiency, some European donors such as the European Bank for Reconstruction and Development continue with business as usual, spending huge resources on large infrastructure projects that do not address the country’s immediate need for improved energy security.

Time to stop shooting the messenger

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November 4, 2014 | Read more

Repression against civil society is on the rise, as the latest alarming case from Montenegro shows.

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