Energo - CEE/FSU Power

Ukraine’s green energy disaster is sliding towards a power crisis

Ukraine is heading towards a power crisis in the next few weeks if the government cannot come to terms with the irate owners of the country’s burgeoning green energy sector

CEZ estimates Romanian assets for sale at over €1bn

Czech billionaire Kretinsky's energy holding EPH to issue additional bonds

Once-in-a-1,000-year snow melt floods hydropower plant on Russia’s far northern coast

There were more melting permafrost problems for Russia’s energy infrastructure after the TGK1 power station near Murmansk reported that two of its hydropower units were flooded with “abnormal water inflow” due to melting snow.

Rushydro CEO might change in September

Poland’s PGE gets grid connection requirements for offshore wind farm in the Baltic Sea

Ukraine state property agency sees $70mn of net losses at power generating major Centrenergo

Kazakhstan’s wealth fund sells 6.3% stake in world’s biggest uranium miner Kazatomprom

Privatisation programme of Central Asia’s biggest economy takes another baby step.

Renewables’ share in Turkey’s installed electricity capacity moves up to 45%

Turkey’s natural gas imports down 10% last year

Bulgaria to get new state fuel company to take on oil companies and force prices down

Russian RusHydro hydropower major 1Q20 results strong, reiterates dividends

Czech energy company Sev.en Energy to acquire US coal producer Blackhawk Mining

Albania starts procedure for construction of HPP Skavica with own funds

Average electricity price for Slovenia’s households down 9% y/y in 1Q20

Croatia calls tender for geothermal water exploration at four deposits

EBRD support for green energy continues during COVID-19 crisis

Renewables energy projects have continued to be approved during the COVID-19 lockdown period, despite fears that governments would abandon climate change and sustainability and rely on tried-and-tested fossil fuels to stimulate their economies.

Russian fuel spill declared federal emergency

The Kremlin has declared a spill of diesel fuel at the power plant of Norilsk Nickel metals major in the Krasnoyarsk region as a federal emergency, and heads may start rolling as deep structural ESG dangers are exposed.

Iran ‘signs two-year deal to export electricity to Iraq’ despite 120-day length of US sanctions waiver

Samruk-Kazyna to sell 4.55% stake in world's largest uranium producer Kazatomprom

Romanian state-controlled companies to bid for CEZ assets