February 4, 2016
The shut down of a coal-fired power plant unit is another great success for the climate and for clean air in Romania. Many more units may have to follow according to legislation on pollution limits.
[Campaign update] Romanian government support for controversial power plant project to be made public, EBRD loan cancelled
September 9, 2015
Bankwatch’s Romanian chapter has been granted access to environmental information included in a letter sent by Romania’s Ministry of Economy in support of a loan from the Euoprean Bank for Reconstruction and Development (EBRD) to Oltenia Energy Complex (OEC), Bucharest’s administrative court ruled yesterday. The letter will shed light on the nature and extent of the government’s support for the project, and whether it was in line with EU regulations.
January 30, 2015
Bucharest — The European Bank for Reconstruction and Development (EBRD) confirmed this week that it has suspended plans to finance the refurbishment of the Turceni coal power plant in Romania. The project is currently subject to a number of legal challenges on environmental grounds and Romanian authorities are investigating allegations of corruption at the plant.
January 22, 2015
Labelled the €1.3 trillion investment offensive, more than 2000 projects have been identified by the European Commission’s new Task Force on Investment (made up of representatives of the EC, EIB and member states) for fast-tracked financing from President Juncker’s recently announced €315 billion stimulus plan.
September 9, 2014
People in the Submaidane-Turceni area in Romania live their lives in coal ash that still hasn’t been cleaned up after an accident that took place in December 2013 at an ash deposit belonging to the Oltenia Energy Complex in Turceni.
July 12, 2014
While it may seem to be an environmental project at a quick glance, there are a number of facts that question the justification of the Turceni unit 6 rehabilitation project. The Turceni unit 6 project isn’t just a rehabilitation of the power plant unit, it is part of a county-wide operation with ignored social and environmental impacts. The immediate question is whether this is it really a pollution reduction project.