The Connecting Europe Facility for Energy: Funding fiction, failing climate
July 15, 2025
The Clean Industrial Deal envisions an expansion of both hydrogen and carbon capture throughout the EU. The experts’ prevailing view is that hydrogen can only advance the energy transition in a few hard-to-abate sectors, and there are serious concerns over the very viability of carbon capture, especially at scale. Yet our latest analysis reveals that a little-known EU infrastructure fund has been handing out hundreds of millions to these dubious technologies.
Flawed by design: How the Connecting Europe Facility still backs the fossil-fuel industry
July 8, 2025
We expose the role of the Connecting Europe Facility, a little-known EU infrastructure fund, in feeding the hydrogen hoopla.
EU climate fund shrinks support for dirty energy
July 4, 2025
In its largest investment round to date, the EU’’s Modernisation Fund extended support to multiple schemes and projects to advance the energy transition, but damaging projects still get a slice.
Serbia’s district heating crisis: Gas dependence fuels price volatility
July 1, 2025
Serbia’s district heating sector is facing an unprecedented crisis, driven by an overreliance on imported fossil fuels – particularly fossil gas – and an inability to control energy prices. This dependence puts the sector at a significant risk of collapse in the coming years, threatening the basic heating needs of millions of citizens. It also underscores the urgent need for the Serbian government to diversify the district heating system by integrating sustainable renewable energy sources.
The EBRD’s climate contradiction: Syrdarya fossil-gas plant locks Uzbekistan into Russian energy dependence
May 29, 2025
The USD 200 million investment in the 1,500-megawatt combined-cycle gas turbine power plant in the Syrdarya region of Uzbekistan exposes significant contradictions between the EBRD’s stated commitments and its actual financing decisions.
Keeping the flame alive with emission revenues: How the EU Modernisation Fund props up fossil gas and waste incineration
May 8, 2025
In operation since 2021, the Modernisation Fund was designed to channel EU emission trading revenues into investments in the energy transition in 13 lower-income Member States.
Where vested interests lie: An analysis of Kazakhstan’s coal, oil and gas industries
March 26, 2025
This study examines the practical steps Kazakhstan is taking to reduce the production of fossil fuels – specifically oil, gas and coal – in light of its commitment to achieving carbon neutrality by 2060.
The southern gas interconnection from Croatia to Bosnia and Herzegovina: A stranded asset in the making
March 17, 2025
In light of increased activity around the southern gas interconnection between Croatia and Bosnia and Herzegovina in recent months, this briefing aims to examine the evidence presented in favour of the pipeline so far. Starting with a brief overview of
Comments on the ‘Identification of hydrogen infrastructure needs for the TEN-E priority corridors’ methodology
March 13, 2025
A joint submission to the 2025 public consultations on the methodology underlying the needs assessment for key tranboundary energy projects.
Czechia wants to phase out coal. But is natural gas the solution?
March 10, 2025
According to calculations by CEE Bankwatch, the Czech plants near Vrato and Opatovice alone are getting a total of almost 350 million euros in subsidies from the EU Modernisation Fund.
