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The energy sector in Bulgaria
Page | September 30, 2014
Bulgaria has two main pillars of the electricity producing sector – coal and nuclear. Coal provides roughly half of the electricity in the country and nuclear another 35 per cent. The rest is covered by renewables dominated by large hydro and followed by solar and wind generation. The currently prepared energy strategy of Bulgaria is likely to continue the coal and nuclear obsessions, with slightly increased reliance on imported gas. By the end of 2015 nearly 1700 MW of old coal capacity should be phased-out.
The energy sector in North Macedonia
Page | October 1, 2014
Coal and lignite account for around 80 percent of total electricity production, which was 514 241 GWh in 2012. The remainder comes from hydropower, with a small amount of solar. Domestic production accounts for 70.1 percent of Macedonia’s electricity consumption (2012), while imports account for 29.9 percent. Generation capacities & imports Fossil fuels
Pipe Dreams: Why the Southern Gas Corridor will not reduce EU dependency on Russia
Press release | January 21, 2015
Brussels – The Southern Gas Corridor, the EU’s new pet energy project, is not only unnecessary in light of gas demand projections, but also seems likely to fall short on the much flaunted goal of bringing energy independence from Russia, according to a new NGO study “Pipe Dreams” published today.
Lawsuits and complaints pile up against planned Bosnia and Herzegovina coal power plants
Press release | October 17, 2016
Sarajevo-based environmental watchdog Ekotim has submitted on Friday (October 14) an official complaint to the Energy Community dispute settlement mechanism (1) due to lax pollution limits for a new Chinese-backed 450 MW unit at the Tuzla coal power plant in Bosnia and Herzegovina.
New EU funds map adds to calls for sustainable EU budget
Publication | March 13, 2012
Now in its fourth edition, Bankwatch and Friends of the Earth Europe’s map of environmentally and socially harmful projects in central and eastern Europe being paid for by – or in line for – billions of euros of EU money has been launched at a crucial moment.
Campaign update: Protests against Monsanto in front of Serbian EBRD office
Publication | December 3, 2012
Since the news broke in early November that the European Bank for Reconstruction and Development is considering supporting Monsanto, one of the most controversial agricultural corporations, with up to USD 40 million, we have heard voices of protest from across Europe. Last Thursday, Serbian NGOs and anti-GMO activists took their protest to the Belgrade offices of the EBRD
How many IFIs – and how many millions – does it take to make a safe road?
Publication | December 14, 2012
Last month, residents in the village of Krupets in Ukraine blocked the Kyiv-Chop road that runs straight through the village. Their protest – the road was blocked off for more than 90 minutes – came as a result of horrifying car accidents (including ten fatal car accidents since the beginning of this year) that have taken place in their community due to the lack of a speed limit, street lighting and appropriate traffic signs. The regional prosecutor office has initiated a case against the regional roads agency for alleged violation of road and traffic safety standards.
More dirty coal on the radar as EBRD announces new strategy for Kosovo
Publication | May 10, 2013
The EBRD’s new country strategy for Kosovo, announced by the bank on May 3 after Bankwatch Mail Issue 56 went to press, has confirmed what NGOs and others had feared in the consultation process for the EBRD’s first strategy in its new country of operation: that financial support for a new major lignite power plant is very much on the EBRD’s radar, despite evidence that Kosovo does not need such a power plant as well as the potential undermining of EU climate goals.
Bankwatch Mail 59
Publication | May 13, 2014
Coinciding with the annual meeting of the European Bank for Reconstruction and Development, this issue examines how some of the EBRD’s transition recipes turned out almost 25 years after the fall of the Berlin Wall. In addition, controversies with current projects and recent policy revisions provide a rather grim outlook for what further transition will bring for old and new countries of operation of the EBRD.
