• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Bankwatch

  • About us
    • Our vision
    • Who we are
    • 30 years of Bankwatch
    • Donors & finances
    • Get involved
  • What we do
    • Campaign areas
      • Beyond fossil fuels
      • Rights, democracy and development
      • Finance and biodiversity
      • Funding the energy transformation
      • Cities for People
    • Institutions we monitor
      • European Bank for Reconstruction and Development
      • European Investment Bank
      • Asian Infrastructure Investment Bank
      • Asian Development Bank (ADB)
      • EU funds
    • Our projects
    • Success stories
  • Publications
  • News
    • Blog posts
    • Press releases
    • Stories
    • Podcast
    • Us in the media
    • Videos

Home > Archives for Coal in the Balkans > Kostolac lignite power plant, Serbia

Kostolac lignite power plant, Serbia

By the numbers: where will energy come from in the western Balkans?

March 19, 2015

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.


Stranded assets in the Western Balkans – report on the long-term economic viability of new export capacities

March 19, 2015

Country chapters available for Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, Serbia. For other languages, see here. Analysing the estimated energy demand and production capacities in Western Balkan countries, this study shows that if countries realise their planned capacity expansions, the region will have a 56 per cent electricity surplus in 2024, led by Bosnia and Herzegovina and Serbia. Nearly all governments in the region aspire to become electricity exporters, but the study argues that if governments fail to take into account the regional perspective, they could end up with power plants becoming simply uneconomic to operate.


Energy Community countries so rich they can afford to eschew climate action?

March 11, 2015

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.


[Campaign update] Kostolac B3 lignite plant loan agreement bypasses public debate and contains unacceptable conditions

January 16, 2015

The Serbian parliament will on Monday vote on the ratification of a USD 608 million loan agreement from the China ExIm Bank for the construction of the 350 MW Kostolac B3 lignite power plant by Chinese company CMEC. Serbia’s latest addition to its huge debt burden is being presented as a great success, but a new lignite plant is more likely to end up as a weight around our necks as we move towards the EU and apply EU climate policies.


Poland’s uncertain coal friends in the Balkans

January 13, 2015

It is not easy to find anywhere in Europe as much determination as in Poland for building new coal. The only place to find a similar coal enthusiasm is at the door step of Europe, in the Balkans, looking set to be fuelled by Chinese money. But even there the future of coal is shaky.


Kostolac B3 power plant, Serbia

October 6, 2014

In December 2024, Serbia’s state-owned utility Elektroprivreda Srbije commissioned a new 350 MW lignite plant at Kostolac in the country’s north-east. The project is receiving high level support and Chinese financing, but is plagued by concerns over its economics, pollution and legal irregularities.


State support to the Kostolac coal power plant and mining basin in Serbia

June 30, 2014

This report by the Belgrade-based Center for Research, Transparency and Accountability – CRTA shows that the Serbian government is supporting the Kostolac coal power plant and mines with loan guarantees and potentially VAT exemptions.


« Previous Page

Footer

CEE Bankwatch Network gratefully acknowledges EU funding support.

The content of this website is the sole responsibility of CEE Bankwatch Network and can under no circumstances be regarded as reflecting the position of the European Union.

Unless otherwise noted, the content on this website is licensed under a Creative Commons BY-SA 4.0 License

Your personal data collected on the website is governed by the present Privacy Policy.

Get in touch with us

  • Bluesky
  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • YouTube