World Bank will not support new coal power plant in Kosovo

11/10/2018 09:03 Coal


President of the World Bank Group Jim Yong Kim confirmed that the international organization will not support a coal power plant in Kosovo.

The Kosovo government stated in 2015 that the Ministry of Economic Development reached an agreement with the World Bank and US company Contour Global that would pave the way to a contract for building the plant.


In 2016, the World Bank told BIRN that they would only support the project after all relevant environmental, social, and technical analyses were conducted, and after consultations with the public and other shareholders.


After the Kosovo government signed a 1.3 billion euro-worth contract with Contour Global, the Kosovo Civil Society Consortium for Sustainable Development, KOSID, said that “the project would undermine Kosovo’s European future,” and that the government should work on developing efficient energy in Kosovo.



Due to the high cost of its construction, if the plant were to be built, Kosovo citizens would have to pay 50 per cent more for their energy bills, and that there would be a significant impact on the environment due to the burning of lignite as fuel.


Prime Minister of Kosovo Ramush Haradinaj said earlier this year that the plant had to be built despite environmental dangers, in order to produce energy locally.


Daily (19.11.2018): European electricity prices fell on Friday on stronger wind generation

19/11/2018 11:48:00

Oil prices were almost constant on Friday, as the relaunch of Kirkuk oil flows through the Kurdish-controlled pipeline diminished the impact of U.S. sanctions over Iranian exports. Flows resumed at an average daily level of 50,000-60,000 barrels. Brent crude edged 0.2% higher at $66.76 a barrel. WTI crude remained unchanged at $56.46 a barrel.


E.ON to build 475 MW wind farm in Sweden

19/11/2018 09:21:00

E.ON will build a 475-megawatt (MW) wind farm in Sweden, which will be one of the largest onshore wind farms in Europe, the German company announced Friday.


German coal commission to recommend delaying closures to 2022: report

19/11/2018 09:16:00

Germany's coal commission may recommend delaying a first wave of coal plant closures to 2022 rather than 2020, German financial daily Handelsblatt reports based on a leaked draft following Thursday's meeting of the commission.