EBRD approves EUR 98.6 loan for disputed fossil gas mega pipeline in North Macedonia
April 25, 2024
The European Bank for Reconstruction and Development (EBRD) yesterday approved a EUR 98.6 million loan for a fossil gas pipeline that would allow North Macedonia to increase its gas consumption by three to six times compared to 2021, its highest-consuming year so far. (1)
The Modernisation Fund: An open door for fossil gas in Romania
March 26, 2024
The Modernisation Fund is supposed to channel revenues from the EU’s carbon market into the energy transition in central and eastern Europe. But it’s actually being used to further deepen the region’s dependence on fossil gas.
NGOs request investigation into EBRD loan for North Macedonia mega gas pipeline
March 25, 2024
Environmental watchdogs CEE Bankwatch Network and Eko-svest have today asked the European Bank for Reconstruction and Development’s (EBRD) redress mechanism to investigate a planned loan for a major new fossil gas pipeline from Greece to North Macedonia.
The great energy trap: An evaluation of the economic viability of replacing coal with gas in large power plants in Bulgaria
March 14, 2024
This report analyses several scenarios for replacing the existing coal capacity at Maritsa East and Bobov Dol with new gas-fired units. It looks at the implications of these projects becoming financially viable, including the investments required, possible state aid, and the electricity costs for households.
Bar’s battle: Montenegrin town rising against LNG project
March 5, 2024
Plans to build a fossil gas import terminal on Montenegro’s coast, with backing from the European Commission, endanger the country’s fossil fuel phaseout. Growing local opposition to the project also underlines poor public participation in the process.
North Macedonia must ditch its unrealistic gas plans and cut to a clean energy future
February 15, 2024
This briefing explains why the international community must not be complicit in creating stranded assets or increased gas lock-in in North Macedonia.
‘It’s like installing a fixed-line telephone’ Why is North Macedonia planning an oversized gas pipeline without any public debate?
February 14, 2024
As the EU reduces its gas consumption, North Macedonia is planning the opposite. Why is it building a large new import pipeline, why has it failed to consult the public, and why are EU banks supporting it?
Time to put an end to Albania’s fossil fuel déjà vu
December 21, 2023
In the last two decades, residents of Vlora, a lively tourist city on the Albanian coast, have had a slew of mostly unsuccessful oil and gas projects foisted on them. No wonder a recent event there called on the government to stop its costly fossil fuel experiments and seize the opportunity to declare Albania’s electricity production and consumption 100 per cent renewable.
The EU and US are fossil-fooling the Western Balkans with gas How can the region cut to a clean future?
November 29, 2023
The Western Balkans’ energy transition is finally starting to pick up pace. But false solutions such as fossil gas threaten to divert resources and create new fossil-fuel lock-in. So why do the European Union (EU) and United States (US) continue to push such projects in the region and what can be done about it?
Amidst the climate crisis, European Commission green-lights new fossil gas projects in Poland and Croatia
November 22, 2023
Poland and Croatia are set to receive EUR 1.2 billion in EU recovery funds to expand liquefied gas (LNG) terminals and build new pipelines.
