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Energo follows key project, policy and investment in the power sector across the FSU and CEE. This has included extensive coverage of the Czech Republic and Lithuania’s efforts to build new nuclear reactors, changing renewables policies in Poland and Romania and the privatisation and modernisation of Russia’s power sector.
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Premier Energy completes successfully Bucharest IPO and prepares for listing
Electricity and natural gas utility company, Premier Energy, announced that it has successfully completed the IPO under the Base Deal Scenario at a price of RON19.5 (€3.92), close to the lower limit of the RON19-21.5 indicative price range.
Nationwide power blackout hits Ukraine amid Russian attacks
The blackout, effective between 9 p.m. and midnight, was prompted by a severe electricity deficit exacerbated by Russian shelling and heightened consumption due to colder weather.
First wind farm in eastern Serbia Inaugurated
Serbia’s Prime Minister Milos Vucevic attended the ceremonial opening of the 105-MW Krivaca wind farm in Golubac, in the eastern part of the country, funded by an investment of €165mn.
Uzbek minister says Tajikistan expected to rejoin Central Asia unified electricity grid later this month
Montenegro plans to add 200 MW of renewables by 2026, energy minister says
Montenegro plans to build 200 MW of new renewable energy capacities over the next two years, the country’s Energy and Mining Minister Sasa Mujovic said as quoted by public broadcaster RTCG.
Far right activists attack Ukrainians visiting Bulgaria to buy Russian-made nuclear reactors
Ukraine wants to buy equipment Bulgaria bought from Russia for the scrapped Belene nuclear power plant project to replace occupied power infrastructure.
Bosnia’s Republika Srpska ordered to pay €46mn to Slovenian Viadukt for terminated contract
Russia's nuclear diplomacy binding emerging markets to the Kremlin
Currently, Rosatom controls approximately 70% of the world export market for the construction of nuclear power plants where emerging powers in the global south are trying to boost their energy production and turning to Moscow for nuclear power.
Russia targets 106 infrastructure sites in Ukraine
Russian forces launched attacks on 106 infrastructure facilities across nine regions in Ukraine within the past day, according to a report by the Defence Ministry's Military Media Centre issued on May 12.
Power outages gripping seven Ukrainian oblasts
Consumers in seven Ukrainian oblasts are grappling with power outages as a result of Russian bombardments and technical disruptions, the country's Energy Ministry revealed in a statement.
Ukraine’s energy crisis deepens as it turns to imports to meet demand
Amid relentless assaults on its energy infrastructure by Russian forces, Ukraine finds itself grappling with a deepening energy crisis, prompting a surge in electricity imports, but even imports won't cover the winter's demand for power.
Western Balkans urged to embrace renewable energy for district heating
Fossil fuels are still being burned in district heating networks across the Western Balkans, despite the pressing need to prepare for the transition to green energy, finds a Bankwatch report.
Renewables surpass 30% of global electricity supply
Renewable energy made up over 30% of global electricity for the first time last year, driven by a rapid surge in wind and photovoltaic solar power, according to new data from climate think-tank Ember.
Novatek to use domestic gas turbines at Arctic LNG-2
Russia’s Novatek plans to use domestically-produced gas turbines to power the Arctic LNG-2 terminal, following the failure of a Chinese supplier to provide the units on time.
Premier Energy’s IPO in Bucharest heavily oversubscribed by retail investors
Retail investors placed orders for 47mn shares of Premier Energy, during the first three days of the one-week IPO carried out by the natural gas and electricity utility company; more than six times the 7.5mn package initially earmarked
Ukraine facing funding shortage to repair power grid before winter
Foreign financial aid to Ukraine saw a sharp decline to $1.7bn in April, complicating the urgent need to restore its power grid amid Russian attacks.
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