Winstar oil and gas fields in southern Tunisia
May 12, 2015
In 2013 Winstar Tunisia, a subsidiary of Serinus Energy, obtained a USD 60 million loan from the EBRD to develop four oil and gas fields in southern Tunisia. In March 2015, Bankwatch met with local authorities, civil society representatives and labour unions in the two southern provinces and identified a number of problematic aspects, most notably the lack of transparency and communication from the side of the company with local stakeholders.
Boskov Most hydropower plant project
May 6, 2015
Following earlier publications about the Boskov Most project’s irreversible impact on nature, this paper provides an overview of the most recent developments concerning the planned HPPs in the Mavrovo national park.
Hydropower in Georgia
May 6, 2015
Since 2011 the European Bank for Reconstruction and Development has provided USD 210.5 million to three greenfield hydropower projects (HPP) in Georgia – Paravani, Dariali and Shuakhevi. Instead of bringing improvements on the ground and environmental standards that are on par with best international practice, the EBRD has, by funding these projects, simply justified the wrongdoings that were from the beginning apparent: the degradation of river ecosystems, corruption and threats to people.
Infographic: If energy security is the question … the Euro-Caspian Mega Pipeline is not the answer
April 29, 2015
Europe talks of diversifying energy supplies from Russia by building a set of pipelines from the shores of Azerbaijan’s Caspian Sea to Italy. But the EU’s dependency on Azerbaijan for fossil energy fuels repression and feeds the authoritarian Aliyev regime. All the while, Europe does not need all that gas.
Analysis of Ukraine’s draft national emissions reduction plan
April 26, 2015
The assessment below covers the hard coal fired Large Combustion Plants exceeding 300MWth included in the draft national emissions reduction plan submitted by Ukraine at the 36th Permanent High Level Group meeting of the Energy Community in Vienna.
Letter to European Commission: Request for information on EIB’s involvement in the Transadriatic Pipeline (TAP)
April 9, 2015
Given the size of the Southern Gas Corridor project it is important that its effects on the environment and especially nearby Natura 2000 sites are duely accessed and that the necessary time to conduct public consultation both in the EU-28 countries and outside of the EU-28 as indicated to the Commission during various meetings related to the second list of PCIs preparation.
Letter: EBRD and EURATOM support for life-time extension of Ukraine’s nuclear reactors is in breach of international law
March 30, 2015
In this letter 46 non-governmental organisations alarm European Union representatives involved in the decision-making at the EBRD and Euratom to the fact that Ukraine is pressing ahead with its plans to extend the life-time of its old nuclear reactors even though they are in breach of international law (Espoo Convention) and without proper impact assessments and despite UKraine’s obligations under the loans provided by the European Bank for Reconstruction and Development and Euratom.
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.
Summary of an independent review of the proposed lifetime extension of Unit 1 at the South Ukraine nuclear power plant and its compliance with relevant nuclear safety standards
March 17, 2015
This independent study reveals critical vulnerabilities in the 32 year old nuclear unit 1 in the South Ukraine nuclear power plant, whose lifetime was extended by 10 years in December 2013. The study shows the reactor pressure vessel in unit 1 has several dangerous vulnerabilities that could lead to the appearance of micro-cracks in the vessel’s metal casing. The observed wear in a number of elements in the reactor vessel already exceeds tenfold tolerable levels.
Input to EIB climate policy consultation
March 16, 2015
The comments were jointly submitted by Bankwatch, Counter Balance, Focus, urgewald, Both Ends, Estonian Green Movement, Transport and Environment, CEPA Slovakia and Latvian Green Movement.
