The countries of the Energy Community Treaty have diverse energy mixes, but hydropower has traditionally played a strong role in many of them. Albania is almost completely reliant on dams for its domestic electricity generation, followed by Georgia with an average of 80 per cent of electricity generated by hydropower and Montenegro with an average of 55 per cent.
Stay informed
We closely follow international public finance and bring critical updates from the ground.
Background
The countries of the Energy Community Treaty have diverse energy mixes, but hydropower has traditionally played a strong role in many of them. Albania is almost completely reliant on dams for its domestic electricity generation, followed by Georgia with an average of 80 per cent of electricity generated by hydropower and Montenegro with an average of 55 per cent.
But what started as a strength is becoming a liability. More and more erratic rainfall is exposing how vulnerable hydropower is to climate change, while its damaging impacts on biodiversity, groundwater and sediment transportation are becoming better understood.
This has not stopped decision-makers’ zealous plans to develop the sector, including in countries like Ukraine hydropower has not traditionally played a major role. Decades-old projects are still being pushed against all economic and environmental logic, while a rash of small hydropower plants driven by feed-in tariff schemes has destroyed rivers and streams across southeast Europe.
The good news is that there are alternatives, with lower costs for the environment and also, increasingly, for the public purse, and that resistance to the unnecessary destruction of life-giving rivers is increasing day by day.
IN FOCUS
Latest news
Outlook 2020 Georgia
Bankwatch in the media | 21 January, 2020Energy developments in Georgia last year saw Kakha Kaladze, the mayor of Tbilisi and an influential member of the ruling Georgian Dream party, throw his support behind the $1bn Nenskra HPP hydropower project, while rejecting accusations related to the
Read moreGeorgia campaigners oppose hydro plans
Bankwatch in the media | 9 December, 2019Georgia is planning dozens of new hydroelectric power stations to boost the country’s energy capacity. Although 80 percent of the country’s electricity already comes from hydropower, the government wants more to meet future demand. But affected communi
Read moreNenskra: new players, new risks
Blog entry | 4 December, 2019More than a year after Salini Impregilo, a major construction company, mysteriously abandoned the Nenskra hydropower project before construction had even begun, new contractors are now said to have been hired to build Georgia’s biggest and most divisive hydropower project.
Read moreRelated publications
The Upper Horizons complex, Bosnia and Herzegovina
Briefing | 18 December, 2023 | Download PDFThe Upper Horizons hydropower complex has been planned since the mid-20th century, and is planned to consist of three plants — Dabar, Nevesinje and Bileća — linked by a series of tunnels and channels. If completed, it would have a devastating impact on the karst ecosystems of eastern Herzegovina and beyond.
The Ulog hydropower plant on the river Neretva, Bosnia and Herzegovina
Briefing | 18 December, 2023 | Download PDFThe Ulog plant, with a 53-metre high dam, is currently being built on the upper Neretva in the Republika Srpska entity of Bosnia and Herzegovina, in the middle of a nominated candidate Emerald site – an area which should be protected under the Bern Convention.
Joint Statement On the Expansion of the Emerald Network in Countries of the Western Balkans by scientists and representatives of NGOs
Statement | 13 February, 2023 | Download PDFIn early December 2022, 39 scientists and representatives of NGOs from Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Germany, Greece, Montenegro, North Macedonia, Serbia and Switzerland joined efforts to prepare a shadow list and a map o
