June 1, 2016 | Read more Brussels, Prague – European Commission Vice President Jyrki Katainen presented today the mid-term result of the Investment Plan for Europe. The European Fund for Strategic Investments (EFSI), the financial arm of this investment strategy, was established by the European Commission and the European Investment Bank (EIB) in 2015 with the aim of mobilising private investments to stimulate the European economy.
May 30, 2016 | Read more In its EU funds spending plans, Slovakia has shown commendable dedication to making bioenergy more sustainable. Taking over the EU presidency in June, it will have a unique chance to apply its expertise to improve European regulations on biomass.
May 27, 2016 | Read more Last year in the EU, 12.8 GW of wind power capacity was installed – more than any other electricity generation source. This means that wind can now generate 11.4% of the EU electricity consumption in a normal wind year, according to Wind Europe. At the same time Belgium and Scotland have shut down their last coal plants, signalling the golden days of coal are far behind them.
May 26, 2016 | Read more Western Balkan countries are planning investments in wind power, but these are being heavily outweighed by their investments in coal plants, according to a CEE Bankwatch Network analysis launched today. The region’s governments are actively planning 2800 MW of new coal plants but allowing only around 1166 MW of wind power plants to be built.
May 24, 2016 | Read more Protests against large dams in Georgia’s Svaneti mountains have led to confrontations with police. Locals are losing patience over the protracted consultation process on the project.
May 24, 2016 | Read more After months of protests and the people in Runcurel, a small town in Romania that is to be swallowed by a lignite mine, have finally received positive news from the Romanian government. During a meeting with Bankwatch Romania and Greenpeace Romania, the Minister for Energy Vlad Grigorescu confirmed that the government will do more to protect locals and their houses. Read more background in our photo story
May 24, 2016 | Read more A graffiti in Warsaw marks the upcoming birthday of imprisoned Azeri journalist Khadija Ismayilova.
May 23, 2016 | Read more The European Investment Bank (EIB) must adopt new directives and operating principles to play a meaningful role in realising the EU’s goal of a decarbonised and resource efficient economy, say CEE Bankwatch Network and Counter Balance ahead of the bank’s annual meeting during the EU finance ministers’ Council this Wednesday, May 25.
May 18, 2016 | Read more Three decades after Chernobyl, nuclear power remains a mainstay of Ukrainian energy supply. Despite persistent safety problems, the Ukrainian government has approved lifetime extensions for four of its 15 nuclear units since 2010, and two more could be greenlighted later this year. What is more, Ukraine’s nuclear sector survives in part thanks to European support. The EU needs to stop supporting Kiev’s risky nuclear energy programme.
May 16, 2016 | Read more With an ownership structure heavily influenced by Azerbaijan, the European Commission’s flagship energy project may end up being a costly piece of infrastructure that does not increase Europe’s energy security but offers a tool for political leverage to the authoritarian Aliyev regime.
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