March 19, 2015 | Read more 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.
March 19, 2015 | Read more 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.
March 19, 2015 | Read more 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.
March 17, 2015 | Read more 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.
March 13, 2015 | Read more 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.
March 12, 2015 | Read more Bucharest – A Romanian court has accepted a petition filed by Bankwatch Romania and Greenpeace Romania, and cancelled the environmental permit which allowed cutting down 130 hectares of forests – equivalent to approximately 260 football pitches – to make way for the expansion of the Pinoasa lignite open pit.
March 12, 2015 | Read more A debate over coal mining limits in the Czech Republic shows that mining communities in EU countries are facing similar struggles as in other parts of the world. It also illustrates how “securing energy supply” has become a catch-all argument even when the energy demand in no way justifies it.
March 11, 2015 | Read more Planned new coal capacities will result in high additional costs for Energy Community countries. Transforming their energy sectors into efficient, sustainable renewables-based systems is not only possible but a cost-effective way forward.
March 11, 2015 | Read more Brussels – Yesterday the European Investment Bank (EIB) formally adopted a revised transparency policy including controversial exceptions to the disclosure of internal documents. This watered down transparency policy comes right before the bank will start implementing the € 315 billion Juncker plan and risks undermining the impact of EU recovery efforts.
March 10, 2015 | Read more Countries of the Energy Community risk wasting hundreds of millions of Euros on outdated energy infrastructure if they do not adopt policies to tackle climate change, finds a new report released today by CEE Bankwatch Network and partners in four countries across the region.
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