Energo - CEE/FSU Power
According to US investment giant BlackRock, the right public sector reforms and private sector innovation could release as much as $4 trillion in green investment in emerging markets by mid-century.
Where does the EU’s hopes for a deal to phase out fossil fuels leave coal-dependent aspiring members from the Western Balkans?
Orlen’s shares fall nearly 8% in wake of incoming government plan to make it pay for energy price freeze in 2024
Armenia is planning to ramp up the import of natural gas from Iran under a gas for electricity program, Armenian Minister of Territorial Administration and Infrastructure, Gnel Sanosyan, said.
UK-based Urenco has signed off on a deal with Ukraine's Energoatom, extending the supply of enriched uranium until 2035.
A pipeline rupture killed four Polish miners in the Sobieski coal mine in Jaworzno, Poland’s State Mining Authority (WUG), the mining sector’s oversight body.
Serbia’s Ministry of Construction, Transport and Infrastructure has unveiled a draft proposing amendments and additions to the spatial plan of the special-purpose area for the construction of a hydropower plant system on the Ibar river.
Zorlu Holding sells additional 1.4% stake in Istanbul-listed Zorlu Enerji via private placement to institutional investors
Reliance on outdated and inefficient coal-fired power plants in Bosnia, Kosovo and Serbia complicates the transition to renewable energy.
Hungarian state utility giant MVM announced on November 27 that it is making an advanced dividend payment of HUF309bn (€810mn) to its sole shareholder, the state at the expense of this year's profit, boosted by successful foreign operation.
Warsaw-listed Polish renewable energy company Polenergia posted an adjusted net profit of PLN43.9mn (€10mn) in the third quarter, a changeover from a net loss of PLN11.3mn in Q3 2022, the company said in a market filing.
Mongolia has already exported a record-breaking 60mn tonnes of coal this year, local media reported on November 24, citing data from the National Committee for the Revival of Border Ports.
Ukraine was struck by an attack of 75 drones on the night of November 24, the biggest single attack ever, but air defences managed to shoot down 71, Kyiv reports.
High prices depressed domestic demand for electricity, allowing Romania to cut the amount of coal burnt in power plants.
Ukraine is grappling with a severe energy crisis, with the country’s grid operator Ukrenergo reporting on November 23 that it is unable to generate sufficient electricity to meet the surging demand for heating.
Chinese-Slovak joint venture to build 20 GWh battery plant that will employ 1,500.
Previous rules made it virtually impossible for developers to set up wind turbines anywhere in the country.
Moldova’s foreign trade was severely impacted by the political conflict with Russia, which abandoned preferential prices starting in Q4 2021.
Azerbaijan plans to increase the share of renewable energy sources in the power system capacity to 33% by 2028
Azerbaijan plans to commission 1,870 MW of green energy capacity by 2028, which will result in the share of renewable energy sources in the energy sector reaching 33%, Deputy Energy Minister Samir Valiyev said on 22 November.