July 31, 2016
Bosnia and Herzegovina, Serbia, Montenegro and Romania all plan new lignite power plants during the next few years. In contrast, most EU countries are giving up building new coal plants and seven EU states are already coal-free. Since the European Investment Bank, the European Bank for Reconstruction and Development and the World Bank have virtually halted lending for new coal power plants, most of them are due to be financed by Chinese state banks – ExIm Bank and the China Development Bank.
In contrast to the EU, Western Balkans’ coal investments still heavily outweigh wind – but for how long?
May 27, 2016
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
All the Western Balkans countries have committed to increase their share of renewable energy by 2020 to reach between 25 and 40 percent of their energy mix, as part of their obligations under the Energy Community Treaty. Yet this is far from obvious when examining their investment plans for new power generation capacity. Governments are actively planning to build 2800 MW of new coal plants with construction cost of at least EUR 4.5 billion. In contrast, these countries are only planning to build around 1166 MW of wind power plants, at an estimated cost of EUR 1.89 billion.
Western Balkan countries invest more than twice as much in coal as in wind power: new Bankwatch analysis
May 26, 2016
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 5, 2016
See a more recent version of this briefing >>
Bosnia and Herzegovina signs deal for Tuzla 7 coal plant construction – but its economics are shrouded in mystery
May 4, 2016
In spite of an updated construction contract for a new unit at the Tuzla coal-fired power plant, the project’s economic feasibility remains a puzzle with missing pieces.
March 16, 2016
While the Energy Community yesterday failed to consider more stringent air pollution rules for the Western Balkans, a new report quantifies the health costs of the region’s coal burning both within the region itself as well as in the neighbouring European Union.
October 16, 2015
Tirana, Albania – A group of CSOs from South East Europe (SEE) delivered over 16 000 petition signatures to Miguel Arias Cañete, EU Commissioner for Energy and Climate Action and Co-Chair of the Ministerial Council of the Energy Community today before its meeting in Tirana, Albania.
September 7, 2015
By now regular readers of the Bankwatch blog will know that the energy system in southeast Europe is corrupt, dirty and inefficient. But we now have an opportunity to change it.
Possible coal and energy State aid cases in Energy Community countries based on publicly accessible information
June 8, 2015
By signing the Energy Community Treaty in 2005, countries in the Western Balkans, Ukraine and Moldova agreed to abide by the European Union’s competition rules. But a number of energy sector investments are being planned that may not so far have taken adequate account of state aid rules. This briefing includes case studies of projects from Bosnia-Herzegovina, Kosovo, Montenegro, Serbia, and Ukraine. See related materials including a more detail briefing, a press release and a slideshow at: