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Balkan coal news

After Slovenia's Sostanj coal power plant debacle, is any bank going to finance Croatia's Plomin C?
Blog entry | June 12, 2015

Slovenia's newly built Sostanj 6 is expected to generate losses of around EUR 200 million over the next 3-4 years. Given that Croatia's Plomin C project shares some of Sostanj 6's features could Croatia be about to repeat its neighbour's mistakes?

Commercial banks
EIB
Energy & climate
Social & economic impacts
Balkans, coal, Crédit Agricole, EU, financial risk, Marubeni, Plomin C, Sostanj, stranded assets
Illegal coal subsidies could cost south-east European countries dearly, warns new study
Press release | June 8, 2015

Prague - New investments in coal mines and power plants could cost the Western Balkans and Ukraine dearly if they fail to take into account binding rules on subsidies (State aid), according to a new briefing released today by CEE Bankwatch Network.

Energy & climate
Social & economic impacts
Balkans, CEE, coal, Energy Community, EU neighbourhood, fossil fuels, subsidies
Ugalj bi mogao skupo koštati Balkan
Bankwatch in the media | June 8, 2015

Investicije u rudnike uglja i termoelektrane mogle bi skupo koštati države zapadnog Balkana i Ukrajinu, ako i dalje budu dodeljivane subvencije za te projekte.

To je pokazala studija koju je danas objavila mreža CEE Bankwatch Network.

Preferencijalni krediti i garancije za te projekte striktno su definisana pravilima iz Sporazuma o Energetskoj zajednici, koji je stupio na snagu 2006. a države potpisnice i dalje planiraju nove termoelektrane na ugalj i rudnike bez obraćanja pažnje na rizike te državne pomoći, navodi se u saopštenju Centra za ekologiju i održivi razvoj (CEKOR).

Energy & climate
BalkanCoal, Balkans, coal
Balkan coal rush risks lasting damage, campaigners warn
Bankwatch in the media | May 19, 2015

Balkan countries and Ukraine are making "substantial investments" in polluting coal power stations to sell cheap electricity to the European Union, as the bloc searches for new suppliers to reduce its dependence on Russian gas.

EU officials appear reluctant to use energy negotiations next month, or trade law, to force higher air pollution and environmental standards, despite the risks the rush poses to EU climate change and enlargement policies, and to finances and public health in the Balkans.

Energy & climate
Balkans
BalkanCoal, Balkans, coal
Unpaid coal bill: Romanian coal exports to Serbia marred by corruption
Blog entry | April 21, 2015

A dodgy deal to export coal from Romania to Serbia has left the Romanian state-owned coal supplier with a potential seven million euros write-off.

Energy & climate
Social & economic impacts
Balkans, coal, corruption, lignite, mining, Oltenia Energy Complex

Coal