Why hydropower in southeast Europe is a risky investment
July 27, 2022
Hydropower, together with coal, has traditionally played a major role in the power systems of southeast Europe, with particularly high shares in Albania, Montenegro and Croatia. And today, southeast European governments, utilities and energy experts are keen to build even more hydropower.
Flagships or red flags? Risks of proposed flagship infrastructure projects under the Economic and Investment Plan for the Western Balkans
March 24, 2022
Under the European Commission’s October 2020 Economic and Investment Plan for the Western Balkans, the Instrument for Pre-Accession (IPA) is set to provide grants worth EUR 9 billion, with up to EUR 20 billion more in investments leveraged through the Western Balkans Guarantee Facility. Western Balkan governments have proposed projects for financing in ten Flagship areas for investment. The list of these proposed projects contains many which appear reasonable and much-needed, but many others are not in line with EU policy and/or legislation and must not be funded with EU money. This briefing provides an overview of selected projects that have been nominated by governments but which are not in line with EU policy and/or legislation.
Komarnica hydropower plant, Montenegro
March 9, 2022
Planned by Montenegro’s state-owned electricity utility EPCG, the need for the Komarnica hydropower plant has never been proven.
