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Kosovo C power station

630 bytes added, 00:39, 23 June 2018
→‎Background on Plant: added June developments
In its 2018 annual report the company stated that "financial close and start of construction expected late 2018/early 2019."<ref>[http://www.contourglobal.com/sites/default/files/2018-04/cg_2017_results_prelims_announcement_final_0.pdf "ContourGlobal - 2017 Preliminary Results Presentation"], ContourGlobal, April 5, 2018, page 10.</ref>
In June 2018 the World Bank said it was reassessing its support for the plant - the only coal power plant project left on its books. The Bank said it was finalising work on a study of the country’s options for rebuilding its power sector, with consideration of the the declining costs of renewables.<ref>[http://www.climatechangenews.com/2018/06/13/world-bank-reconsidering-support-last-coal-plant/ "World Bank reconsidering support for its last coal plant,"] Climate Home, 13/06/2018</ref> Also in June 2018 ContourGlobal invited tenders for construction,<ref>[https://www.reuters.com/article/kosovo-energy/contourglobal-launches-tender-to-build-new-kosovo-coal-plant-idUSL8N1TN4T0 '' ContourGlobal launches tender to build new Kosovo coal plant''] Reuters, 21 June 2018</ref> but separately the Energy Community alleged distortions of state aid rules.<ref>[https://balkangreenenergynews.com/energy-community-finds-distortions-of-state-aid-rules-regarding-kosova-e-re-power-plant/ '' Energy Community finds distortions of state aid rules regarding Kosova e Re power plant''] Balkan Green Energy News, 18 June 2018</ref>
==History==

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