Energo - CEE/FSU Power
Vestas reins in outlook as inflation and the energy crisis continue
Wind giant Vestas has reduced its financial expectations for the year because of pressures from inflation and the energy crisis that followed Russia’s invasion of Ukraine.
Croatia’s Dalekovod to build power transmission line in Norway
Bulgarian nuclear unit to be reconnected to grid within days
Estonia's electricity output up 22.3% y/y in September
Estonia's Narva Power Plants to become more resilient by 2025
Armenia and Iran to increase trade and cooperation
Wave of PV projects in Romania spurred on by expected CfD scheme
Investors are accumulating portfolios of PV projects in Romania, encouraged by a contracts for difference scheme reportedly planned by the government.
Greek PPC denies reports of imminent takeover of Enel Romania
North Macedonia’s PM says construction of ESM's 100 MW photovoltaic plant to start soon
Croatian government approves HEP loan plans
Poland says Koreans should build its second nuclear power plant
Government now talking about building three nuclear power plants, with two reactors each.
Ukraine to receive energy equipment as Russian attacks on infrastructure cause GDP decline
Ukraine’s allies will send the war-torn country 954 pieces of energy equipment as Russia continues to wreak havoc on Ukrainian infrastructure, Ukraine Business News reported on November 1.
Latvian-Estonian wind farm location confirmed
Transnistria threatens to cut off Moldova's electricity supplies
Moldova has failed to sign a contract with MoldGRES in separatist Transnistria, leaving the country short of power and facing blackouts.
Russian grid major RosSeti confirms subsidiary dividends
Green energy arm of Israeli BIG Holding announces new projects in Bosnia and Romania
BIG Energia Holdings aims to become a leading renewable energy player in Eastern Europe and the Balkans.
Russia launches another relentless tidal wave of attacks on Ukraine
Another tidal wave of Russian strikes hit cities across Ukraine on the morning of October 31, damaging 18 buildings in 10 regions and injuring at least 13 people, Ukrainian sources reported.
Poland picks Westinghouse Electric to build first nuclear power plant
US company chosen ahead of France’s EDF and the Korean company KHNP.
Hungary to spend €250mn on upgrading electricity grid
Energy Community launches proceedings against Bosnia for not shutting down thermal power plants
Slovenia to turn off lighting on motorways to save electricity
Climate window set to slam shut, warns Guterres
The world is heading for a 2.8°C rise in global warming by 2100 unless governments urgently improve their emissions targets, the UN warned, otherwise the window of opportunity to take the required climate action will slam shut.
Two thirds of Czechs save on energy consumption, survey shows
Ukraine won't resume electricity exports to the EU until March 2023
Russia’s attacks on Ukraine’s energy facilities have forced the country to stop electricity exports until March 2023, Ukraine Business News reported on October 28.
Kyiv may face electricity deficit of 30% after attack
A Russian attack on Kyiv's energy facilities this week has resulted in an electricity deficit of up to 30% in the capital, Ukraine Business News reported on October 28.
ENERGO: Kyiv may face electricity deficit of 30% after attack
Ukraine war boosts green hydrogen to the tune of $73bn
The war in Ukraine has prompted new investment in green hydrogen to reach over $73bn as costs fall, making fossil fuel-produced hydrogen uneconomic as gas prices soar.
Romgaz doubles electricity production in January-September
Korean nuclear tech company KHNP to sign letter of intent with ZE PAK on Poland’s nuclear power programme
The KHNP-ZE PAK project would run concurrently with the government-led nuclear power programme.
Carbon emissions to peak in “historic turning point” IEA says
Global carbon emissions will peak in 2025 as the world reaches a “historic turning point” and governments pour investment into renewables to counteract the energy crisis that has gripped the world this year.
Flattening the emissions curve: too slow, too late, say UN climate scientists
The combined climate pledges of 193 governments would limit global warming to 2.5°C by 2100, way above the Paris Agreement goals of 1.5°C.
Ukraine's largest private energy company suffers $40mn losses in 2 weeks due to fresh Russian aggression
DTEK, Ukraine’s largest private investor in the energy sector, has lost $40mn since October 10, when Russia began targeting energy facilities, the Kyiv Independent reported on October 27.
Ukraine begins tests to import electricity from EU
The European Union is finding ways to support Ukraine’s energy infrastructure after massive damage caused by Russian strikes, Ukraine Business News reported on October 27.
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