EIB ‘haunted’ by decision to fund Slovenian coal plant

Series Title
Series Details 04.03.13
Publication Date 04/03/2013
Content Type

Slovenia plans to build a new 600 MW unit for the Šoštanj lignite power plant (TEŠ6) which would replace the power plant’s existing units 1-4 and possibly 5. Its promoters argue with increased efficiency, but in fact, this one lignite power plant alone will swallow up almost the country's entire carbon budget by 2050 claims environmental protesters.
Source Link Link to Main Source http://www.euractiv.com/climate-environment/eib-haunted-decision-fund-sloven-news-518177
Related Links
Wikipedia: Šoštanj http://en.wikipedia.org/wiki/%C5%A0o%C5%A1tanj
Website: Termoelektrarna Sostanj http://www.te-sostanj.si/en/
European Investment Bank: Projects Topics: Sustainable, Competitive & Secure Energy http://www.eib.org/projects/topics/energy/index.htm
Counter Balance: News, 01.03.13: Why the EIB got the 'Coal Down' Protest http://www.counterbalance-eib.org/?p=2226
CEE Bankwatch Network: Our Work: Sostanj lignite thermal power plant unit 6, Slovenia http://bankwatch.org/our-work/projects/sostanj-lignite-thermal-power-plant-unit-6-slovenia
EBRD: Projects: Modernisation and Reconstruction of Termoelektrarna Šoštanj Power Plant, 2009 http://www.ebrd.com/pages/project/eia/40417.pdf
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