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Archives for Energy

Hungary needs to transform its energy sector. But can the Energy Union kickstart such change? The vision presented by the European Commission’s Vice President Maroš Šefčovič includes a few promising nuggets, but overall risks reinforcing the status quo. by Alexa Botár, cross-posted from the Bankwatch blog. In a series of blog posts, Bankwatch campaigners are… » read more

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More clarity is needed regarding the Energy Union’s priorities for the Czech Republic. by Ondrej Pasek, cross-posted from the Bankwatch blog. (Image by epp group – CC BY-NC-ND 2.0). The European Commission has been hard at work devising the EU’s new energy strategy. It is touted as an ambitious new path for a unified, sustainable… » read more

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EU energy ministers are meeting in Brussels today to discuss the implementation of the Energy Union. Looking at what has been discussed so far, the strategy may not prioritise energy efficiency enough to help Europe become climate-friendly. by Petr Hlobil, cross-posted from the Bankwatch blog EU energy ministers are meeting in Brussels today to discuss… » read more

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As investors and officials are promoting a gas pipeline project from the Caspian Sea to Italy, the systematic repression of human rights in Azerbaijan is hardly on the official agenda. The Aliyev regime’s weakly veiled attempts to muzzle dissent illustrate how even the most repressive governments are acceptable partners for Europe’s pet energy projects. by… » read more

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Western Balkan countries have ambitious plans to increase their electricity generation over the next years. But what will happen if they all become a regional energy hub? Will there be a demand for all the available electricity? by Pippa Gallop, cross-posted from the Bankwatch blog Hardly a week goes by without the media in the… » read more

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A report published today analyses the process with which 7000 are to be resettled for the Kosovo lignite mine and concludes that the World Bank-financed process does not comply with the bank’s own standards and is plagued by a slew of other weaknesses. by Dajana Berisha Executive director, Forum for Civic Initiatives, Kosovo; cross-posted from… » read more

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Despite the Russian invasion in Ukraine leading to EU and US sanctions against Moscow and major Russian energy companies, public banks supported by EU countries are just gearing up to offer a one billion dollar loan to Russian company Lukoil for gas extraction in Azerbaijan. by Fidanka Bacheva McGrath, cross-posted from the Bankwatch blog Half… » read more

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With Ukraine’s ongoing fight for sovereignty and integrity emphasising once more the country’s energy vulnerability in front of Russia, the need to radically reform the Ukrainian energy sector became crucial for the survival of the country. And yet, moves in this direction are way too slow. Despite positive rhetoric on the need to prioritise energy… » read more

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A new report by the Belgrade-based NGO CRTA shows that the Serbian government is supporting the Kostolac coal power plant and mines with loan guarantees and potentially VAT exemptions. Propping up the already dominant coal sector, however, will likely further increase Serbia’s vulnerability to extreme weather events. Increasing Serbia’s energy efficiency and renewables generation would… » read more

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Montenegro’s new draft energy strategy needs cutting down to size if environmental and economic damage is to be avoided. by Pippa Gallop, cross-posted from the Bankwatch blog Looking at the Montenegro government’s draft White Paper on the country’s Energy Development Strategy until 2030, due to be approved on June 19, you would never think that… » read more

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