stranded assets

Eurelectric members have pledged to build no new coal power stations from 2020. So why do firms in Serbia and Bosnia still think they can make coal pay?

At least 9 new lignite power plants are being planned in Bosnia-Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia, but according to our new report their feasibility studies do not take into account the effect of CO2 prices. As a result, when these countries join the EU, the plants will not be competitive anymore and will need to be closed down – just like the many coal power plants in Western Europe that are now being shut. The taxpayers in the Western Balkans will end up footing the bill.

The Southern Gas Corridor risks locking in higher fossil fuel dependence and wasting colossal amounts of public money.

The Energy Union must find ways to prevent state support for the production of fossil fuel energy by the European Union’s immediate neighbours. The EU cannot afford to have newly acceding members holding up progress towards the new 2030 climate goals or watering down future policy making.

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?

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?