Energo - CEE/FSU Power
Ukraine plans $2.2bn in energy sector support in 2027
Ukraine's draft 2027 state budget envisages UAH97.3bn ($2.2bn) in programmes to support the energy sector, with the largest allocation aimed at protecting and restoring infrastructure damaged by Russian attacks.
South Korean YPP considers $2bn green hydrogen and ammonia project in Kazakhstan
Korea's YPP Corporation is considering establishing a $2bn green hydrogen and ammonia complex in Kazakhstan’s East Kazakhstan Region, with planned annual production of up to 55,000 tonnes of green hydrogen or 310,000 tonnes of green ammonia.
Kazakhstan remains main market for Russian electricity exports in Jan-Aug
Russian electricity exports remained broadly stable in January-August compared to the same period in 2025, with Kazakhstan continuing to account for the largest share of Russia’s foreign power sales.
Renovatio Solar and Greenvolt Power develop 918 MWh battery storage project in Romania
Renovatio Solar, the EPC division of Romanian energy group Renovatio, has signed a strategic partnership with battery manufacturer CATL for the construction of the 918 MWh Borzești Energy Storage project, the largest so far in Romania.
PPC reportedly in talks to acquire Romanian electronics retailer Flanco
Greek utility group PPC is reportedly in talks to acquire Romanian electro-IT retailer Flanco Smart Discounter. The potential Flanco acquisition would follow a strategy similar to PPC’s purchase of Greek electronics retailer Kotsovolos.
Croatia proposes new framework to speed up energy georesources investment
Croatia's government sent parliament a draft law on September 17 creating a unified framework for exploring and exploiting energy georesources, including oil, gas, geothermal energy and underground carbon storage, as it seeks to...
DFC approves €85mn loan to DTEK to expand battery storage in Ukraine
The US International Development Finance Corporation (DFC) has approved an €85mn loan to DTEK, Ukraine's largest private energy company, to support the expansion of the country's battery energy storage capacity.
Head of key Slovak refinery says fuel prices are sensitive to steep rise
Kazakhstan studies South Korean small modular reactor technology
Kazakhstan is studying South Korean small modular reactor (SMR) technologies as it considers the potential use of smaller nuclear reactors in its long-term nuclear energy strategy.
Solar, wind shares in Turkey’s energy mix surge
Turkey has sharply expanded the role of solar and wind power in its electricity mix over the past decade, with solar's share rising 28-fold and wind's share more than doubling.
Slovakia signs agreements with U.S. Steel - Nippon Steel for EU-funded decarbonisation
Uzbekistan adds 2.5 GW of solar, reducing gas consumption by 1bn cubic metres
Uzbekistan installed 2,508 MW of small-scale solar capacity between 2023 and August 13 this year, generating 4.07bn kWh of electricity, according to the Ministry of Energy.
Czech PM Babiš warns of energy challenges as his government mulls renewing caps on fuel prices
Hungary’s MVM Group posts €770mn profit in H1
State utility giant MVM Group posted a consolidated net profit of HUF282bn (€770mn) in H1, up 27% y/y, while revenue increased 1.9% to HUF2.05 trillion and EBITDA rose 8.6% to HUF519bn.
Ukraine's energy sector needs at least $91bn in investment as Kyiv seeks Canadian capital
Ukraine's energy sector will require at least $91bn in investment over the coming decades, Energy Minister Denys Shmyhal said, as Kyiv seeks to attract Canadian companies and capital to help rebuild and modernise its power system.
Iran gives green light to large industries to import electricity
The Iranian Energy Ministry will allow major industries to import power directly from neighbouring countries, seeking to take pressure off the national grid, a senior official said.
Poland's Tauron to increase capex on renewable energy, expects output to remain flat in 2026
Poland's major power group Tauron said on September 11 it expects renewable energy production in 2026 to be on a par with the previous year due to adverse weather conditions, whilst announcing a significant step-up in renewables investment in H2 2026
Hungarian government introduces targeted diesel compensation amid surging prices
Instead of reintroducing a general fuel price cap, the Hungarian government has introduced targeted compensation for diesel users following a sharp rise in fuel prices, Prime Minister Peter Magyar said.
Kosovo’s KEK carries out controlled shutdown of Kosova A unit A4
Orano CEO outlines ambitious end-of-decade outlook for emerging uranium mine in Mongolia
France’s Orano expects that it will be annually producing "multi-million pounds" of uranium per year from its Mongolia operations by the end of the decade, the fuel cycle company’s CEO told the World Nuclear Symposium 2026 in London.
Polish PM Tusk warns Europe cannot compete with US and China because of high energy prices
Polish Prime Minister Donald Tusk has warned that Europe cannot compete effectively with the US and China while energy prices remain at current levels, calling for the EU to block measures that would push costs still higher.
China is Uzbekistan’s choice for second nuclear plant project, reveals Serbia’s president
Vladimir Putin has appeared peeved with Tashkent lately. Analysts will wonder if this is one reason why.
Follow us online