Energo - CEE/FSU Power
Just 111 of the world’s biggest companies are causing $28 trillion worth of climate damage, says study
Just 111 of the world’s largest fossil fuel companies are collectively responsible for an estimated $28 trillion in climate-related economic damage, and just ten of those companies are responsible for half of that total.
Slovenian chambers push for cost-based electricity pricing for industry amid high energy costs
Slovenia’s largest industrial consumers face significantly higher electricity prices than their EU counterparts, prompting calls for both short- and long-term measures to restore competitiveness.
Moldova may cut electricity prices after sharp rise in January
Electrocoty supply companies in Moldova propose lower end-user prices, to reverse part of the sharo rise in January.
Kosovo A3 rehabilitation project not cancelled, only temporarily suspended – KEK says
The Kosovo Energy Corporation (KEK) has issued a statement rejecting claims that the capital project for the rehabilitation and modernisation of unit A3 at the Kosova A thermal power plant has been cancelled.
Uzbekistan’s solar and wind power plants generate 5bn kWh since start of 2025
Uzbekistan’s solar and wind power plants have generated more than 5bn kWh of electricity so far in 2025, surpassing the country’s total renewable output for the whole of last year, according to the Ministry of Energy.
MET Group acquires German gas storage operator KGE
Swiss-based energy company MET Group has acquired 100% of Kommunale Gasspeichergesellschaft Epe (KGE), a gas storage operator located in North Rhine-Westphalia.
Russian consumers urge government not to hike domestic gas prices
The measure, ordered by President Vladimir Putin in January, is intended to help compensate Gazprom for lost revenues from reduced European exports and to cover the cost of maintaining underground gas storage facilities.
Ukraine’s electricity export capacity to EU rises by nearly 40% amid summer solar surplus
Ukraine will be able to increase its electricity exports to the EU by nearly 40% after the latter raised the export capacity limit from Ukraine and Moldova to EU countries from 650 megawatts to 900 megawatts.
Czech power grid suffers major power cut
A large-scale outage struck the Czech Republic’s electricity grid on July 4, temporarily cutting power to several regions, in what the country’s transmission system operator described as a rare and significant disruption.
Isbank Group acquires 15% stake in Turkish wind turbines maker Ates for €45mn
Isbank Group has acquired a 15% stake in Izmir-based wind turbine maker Ates Celik for a consideration of €45mn, according to a statement from Isbank (ISCTR), one of the largest private lenders in Turkey.
Armenian parliament passes controversial law to nationalise power grid
The Armenian National Assembly has fully adopted a fast-tracked bill enabling the government to nationalise the country’s electricity grid. This move is widely seen as targeting the jailed billionaire Samvel Karapetyan.
Ukraine’s largest steel plant warns of closure amid soaring power prices
ArcelorMittal Kryvyi Rih, Ukraine’s largest steel mill, may be forced to shut down operations due to surging electricity prices.
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