A leaked document, published here for the first time, that outlines the Slovenian government’s priorities for the EU’s Energy Union reveals a potential conflict with what the European Commission has on offer. Yet, neither promises ambitious strides towards more renewables.
November is shaping up to be crunch time for a new 600 MW lignite plant planned to be built at Sostanj in Slovenia. If the Slovenian government doesn’t manage to offer a state guarantee for loans from European public banks that should cover half the construction costs by the end of this month, the project could fail. At Bankwatch, we’re preparing our popcorn for the latest Sostanj thriller, on show across Europe this month.
Ljubljana, Slovenia -- Campaign groups today lambasted the European Bank for Reconstruction and Development's (EBRD) signature of a 200 million euros loan for the Sostanj thermal power plant in Slovenia [1], calling it a blatant affront to Slovenia's long-term climate targets. The signing also fails to await the outcome of a governmental review of the controversial project, expected in mid-February.
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