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
European Parliament fails to halt disastrous hydropower project jeopardising local livelihoods and endangered species
Press release | 27 September, 2024WWF and CEE Bankwatch Network question the EU Commission’s reasons for putting this decades-old project on the Danube river on its priority investment list.
Read moreActivists say Bosnian dam threatens river life and rafters
Bankwatch in the media | 26 June, 2024KONJIC, Bosnia, June 25 (Reuters) – Environmental activist Lejla Kusturica stood on the banks of Bosnia and Herzegovina’s Neretva river, …
Read moreBattling Rapids and Regulation: Neretva River’s Eco-Warrior Stands Tall
Bankwatch in the media | 25 June, 2024Lejla Kusturica, a Bosnian environmental activist, is concerned about the impact of a new hydro-power dam on the Neretva river’s ecosystem …
Read moreRelated publications
Greening the EBRD’s portfolio – or greenwashing it
Bankwatch Mail | 17 December, 2015 |No matter how you look at it, the so-called sustainable energy approach being taken – and loudly trumpeted – by the European Bank for Reconstruction and Development (EBRD) is simply at odds with both climate science and the recently adopted Sustainable Development Goals (SDGs).
Comments on Environmental Impact Assessment for Nenskra hydropower plant in Georgia
Policy comments | 30 September, 2015 | Download PDFThese comments on the Environmental Impact Assessment (EIA) report for the Nenskra hydropower plant in Georgia concludes that the quality of the submitted report is extremely poor. The report as well as the public hearings organised during its preparation do not comply with Georgian legislation or with the requirements of International Financial Institutions.
Preliminary comments on the Nenskra Environmental Impact Assessment and its consultation process
Policy comments | 25 June, 2015 | Download PDFFollowing an on-site visit in the Upper Svaneti region in Georgia, these comments find substantial weaknesses in the Environmental Impact Assessment (EIA) for the Nenskra hydropower plant, in particular with regards to the engagement and consultation of local communities. See also the comments on the final Nenskra EIA report.