Slovak NGOs ask for re-evaluation of nuclear programme in Ukraine
March 25, 2015
UKRAINE is prolonging the lifespan of its 15 nuclear reactors from the Soviet era without a public environmental impact assessment (EIA) – thereby violating international law.
Summary of an independent review of the proposed lifetime extension of Unit 1 at the South Ukraine nuclear power plant and its compliance with relevant nuclear safety standards
March 17, 2015
This independent study reveals critical vulnerabilities in the 32 year old nuclear unit 1 in the South Ukraine nuclear power plant, whose lifetime was extended by 10 years in December 2013. The study shows the reactor pressure vessel in unit 1 has several dangerous vulnerabilities that could lead to the appearance of micro-cracks in the vessel’s metal casing. The observed wear in a number of elements in the reactor vessel already exceeds tenfold tolerable levels.
New study sounds the alarm on safety in Ukrainian nuclear power plants operated beyond their design lifetime
March 17, 2015
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.
The dash for gas in Ukraine – current trends in the production of unconventional reserves
February 25, 2015
This study assesses the potential for the use of hydraulic fracturing in Ukraine, looking into potential impacts and costs as well as putting together the country’s experiences with the technology to date. The report highlights the fact that Ukrainian companies have used hydraulic fracturing before the shale gas boom with at least two dozens of companies involved in the drilling. (In Ukraine, no specific rules or laws exist that would regulate the use of this hydraulic fracturing. The activities of relevant companies are governed by laws applicable to conventional oil and gas production.)
Agro business shooting star in Ukraine turns into nightmare for investors
February 18, 2015
The story of the defaulted company Mriya Agro Holding shows what risks investors and creditors are willing to take in the pursuit of profit in Ukraine’s agribusiness. Major creditors, including the International Finance Corporation and export credit agencies have been left with little hopes of recoveries. The European Bank for Reconstruction and Development has escaped the financial loss by a hair’s-breadth.
Letter to EBRD: Nuclear inspections must continue in Ukraine
February 16, 2015
In a bid to help the recession-hit Ukrainian economy, the country’s government has significantly reduced regulatory obligations for businesses and state-owned companies. This includes Ukraine’s nuclear power plants which have been plagued in the recent past by ageing reactors and accidents and whose safety upgrades are receiving support from the European Bank for Reconstruction and Development and Euratom. In this letter Ukraine Bankwatch member group is asking the EBRD to pressure the government to ensure that the Ukrainian state nuclear regulator SRNIU is able to carry out inspections of nuclear power plants.
European banks: it’s time to quit coal in Ukraine
February 13, 2015
In a street action being held today in Kiev as part of the Global Divestment Day, Ukrainians call on public and private investors to end financing for fossil fuels, in particular coal, and instead invest in renewable energy sources which represent the only independent source for the country.
UPDATE 7: Juncker on the investment offensive … against Europeans, the economy and the environment
January 22, 2015
Labelled the €1.3 trillion investment offensive, more than 2000 projects have been identified by the European Commission’s new Task Force on Investment (made up of representatives of the EC, EIB and member states) for fast-tracked financing from President Juncker’s recently announced €315 billion stimulus plan.
Partners’ involvement during EU funds programming: left-out on crucial questions
December 19, 2014
As the negotiations on the EU funds for 2014-2020 are coming to an end, NGO partners from CEE countries conclude on their involvement during the “programming”, the process of elaboration and consultation of the future EU Cohesion Policy spending plans. Whereas some improvements compared to the previous period can be stated, an even formal compliance with the European Code of Conduct on Partnership is not always guaranteed.
Letters to EBRD regarding loan for Naftogaz pipeline
December 9, 2014
The letters were sent shortly before the EBRD’s board of directors are to approve a loan for the Naftogaz Emergency Pipeline Upgrade and Modernisation project. Since the project has not yet passed through all environmental and social procedures, Bankwatch asked the EBRD’s president and its board in separate letters to postpone the board decision. Letter to the EBRD president >> (pdf)