Energo - CEE/FSU Power

UK to end Russian uranium imports by 2028 as it backs US-led nuclear fuel initiative

The United Kingdom will end all imports of Russian uranium by 2028—two years earlier than initially planned—as it joins a broader effort led by the US to curtail Moscow’s influence over global nuclear fuel supply chains.

Premier Energy expands Romanian renewables platform with 400 MWh storage project

Premier Energy Group (BVB: PE) has acquired a 100% stake in a €75mn, 400 MWh ready-to-build battery energy storage system (BESS) project near Iași, marking a major expansion of its Romanian renewable energy platform.

UK removes sanctions on two subsidiaries of Russian Lukoil in Bulgaria

UK issues a license temporarily lifting sanctions from two Bulgarian subsidiaries of Russian oil major Lukoil

EBRD announces completed upgrade and relaunch of Soviet-era Qairokkum hydro plant in Tajikistan

The upgrade and relaunch of Tajikistan’s Soviet-era Qairokkum hydroelectric power plant (QHPP) has taken place.

Uzbekistan to help keep Afghanistan powered in 2026

Uzbekistan will continue to supply electricity to Afghanistan in 2026, as announced by its Ministry of Energy.

Belarus pushes ahead with its third nuclear reactor, Vilnius is razzed

MACRO ADVISORY: Will dark water take the shine off Kyrgyzstan’s golden growth?

The Kyrgyz Republic has reported average annual GDP growth of 9% for the past three years and will again be close to that growth in 2025. But while the economy is doing well, Kyrgyzstan and its neighbours are facing a major power and water crisis.

Greek PPC plans €3bn investments in Romania over next three years

PPC is already Romania's largest investor in renewable energy with about 1.3GW of capacity.

Turkey urged to commit to faster action to unlock its geothermal potential

Turkey needs to commit to faster action to unlock its geothermal potential through exploration and plant construction, according to Ufuk Senturk, chairman of the board of the Turkish Geothermal Power Plant Investors Association.

Turkey’s Aksa Elektrik secures $1bn PPP concession to modernise Uzbek grid in Samarkand

Aksa Elektrik, a subsidiary of Turkish conglomerate Kazanci Holding, has signed a 30-year and $1bn public-private partnership (PPP) concession with the Uzbek government to modernise and strengthen the grid in southeastern region Samarkand.

Poland's Enea Group posts a 23.05% y/y decline in net profit in Q3

Poland's Enea Group reported a 23.05% year-on-year (y/y) decline in net profit for the third quarter of 2025, the company reported on November 18, attributing the broader revenue slump partly to changes in wholesale energy prices.

Montenegro may seek one-year delay in EU carbon border fee, EPCG says

Montenegro’s state-run power utility EPCG says there is a possibility that the EU’s planned Carbon Border Adjustment Mechanism (CBAM) — which introduces a levy on imported electricity produced from coal — may be delayed for non-EU countries.

Around 40 people may be linked to Ukrainian energy corruption scandal, lawmaker says

Around 40 individuals could be implicated in a widening corruption scandal in Ukraine’s energy sector linked to leaked recordings known as the “Mindyche tapes.”

Ukraine outlines sweeping overhaul of state energy companies after corruption scandal

Ukraine’s government has approved a broad plan to reshape the leadership of its state-owned energy companies following a corruption scandal earlier this month, Prime Minister Yulia Svyrydenko said on 16 November.

UAE, South Korea sign seven deals on AI, space, biohealth and energy

Moldova launches consultation on new tenders for wind projects with storage

Moldova’s Ministry of Energy has opened public consultations on the procedure for granting large eligible producer status to wind energy projects equipped with storage systems. A first tender was successfully completed in June.

Belgium's Aukera Energy advances 500 MWh battery storage project in southern Romania

Czech energy and media billionaire Křetínský sets up joint venture with TotalEnergies

EPH of Czech energy and media tycoon Daniel Křetínský is to set up a new 50/50 joint venture with French oil company TotalEnergies.

Romania's Hidroelectrica reports lower nine-month profit but remains within target

Kosovo Supreme Court annuls key electricity market liberalisation provisions

The Supreme Court Panel of Kosovo ruled on November 17 that parts of the country’s electricity market liberalisation framework were unlawful, siding with the Kosovo Chamber of Commerce (KCC) in its case against the Energy Regulatory Office (ERO).

European gas prices edge up in November amid cold snap

A small rally in futures reflects increasing heating needs as colder weather approaches.

PANNIER: Dire power deficit pits Kyrgyz president against city mayors and kettle against washing machine

Disco lights ordered off by 10pm. Crypto farms unplugged.

Kazakhstan selects official name for first nuclear power plant

Kazakhstan has completed the national contest to select a name for its first nuclear power plant, choosing “Balkhash Nuclear Power Plant” as the official title.

Armenia moves to strip power grid operator ENA of licence

Croatia’s energy consumption drops in September as gas and fuel demand weakens

Ukraine secures new funding for energy upgrade and housing reconstruction at ReBuild Ukraine forum

Ukraine clinched fresh financing deals for energy modernisation, water infrastructure and social housing at the ReBuild Ukraine 2025 exhibition in Warsaw, as international lenders expanded support for the country’s wartime reconstruction efforts.

GEN-I and Sunotec sign 5-year partnership to manage large battery storage projects in Bulgaria

Ukraine’s Energoatom corruption stole money to protect Ukraine’s power stations, caused blackouts

A Russian missile barrage has plunged Ukraine into darkness as winter approaches but could have been avoided. Money earmarked to build effective defences against Russia’s sustained missile attacks was stolen, leaving them defenceless.

Russian coal exports rebound 10% in October

Russian coal exports rebound in October on strong demand in Asia, prices recover

Kosovo’s gross available electricity down 1.2% y/y in September

Kosovo’s gross available electricity reached 444.92 GWh in September 2025, down 1.2% year-on-year.

Hungary global leader in share of solar energy, report shows

Solar power accounted for close to 30% of electricity generation in Hungary in H1 2025, more than in any other country covered in a global report by international independent think tank Ember.

Rosatom and Kazakhstan’s NNC sign memorandum on radioactive waste management cooperation

Rosatom’s fuel division, TVEL, and Kazakhstan’s National Nuclear Centre (NNC) have signed a memorandum of intent to strengthen cooperation in radioactive waste management and the decommissioning of nuclear and radiation-hazardous facilities.

Mongolia informs Rio Tinto it would like to nominate and appoint Oyu Tolgoi mine development CEO

Mongolia’s PM has told Anglo-Australian mining giant Rio Tinto (RIO:NYSE) that having the CEO of the enterprise developing the massive Oyu Tolgoi copper-gold mine nominated and appointed from the Mongolian side would be a significant step.