Energo - CEE/FSU Power

Energy Community Secretariat sends reasoned opinion to Serbia

The Energy Community Secretariat has sent a reasoned opinion to Serbia addressing non-compliance with the Energy Community electricity rules, the secretariat announced on March 1.

Eesti Energia posts 2022 net profit of €128mn, up 300% y/y

State-owned Estonian electricity generator Eesti Energia reported net profits of €128.3mn for 2022, a 300% rise y/y. The group's sales revenues also rose by almost 70% y/y.

Greek PPC close to €1.3bn deal for Enel’s assets in Romania

Hidroelectrica’s profits up 30% y/y on energy price rally in Romania

North Macedonia’s power bourse set to start operations on May 10

Greek-Albanian joint venture interested in building thermal power plant in Albania

Polish power companies to add 22 GW of new capacity by 2036

Bulgarian police raid coal-fired power plants in EPPO fraud probe

Investigation concerns suspected EU Emissions Trading System fraud causing millions of euros of losses to the state and EU budget.

Lithuanian foreign minister says EU latest Russia sanctions overlooking Rosatom “regrettable”

Five turbines erected at Estonia’s Enefit Green's new wind farm

Spain's Aquila Clean Energy to erect wind farms in Lithuania

Azerbaijan increased revenue from electricity exports by 75% in 2022

ENERGO: Wind, solar slash gas costs in EU by $12.7bn since Russia invaded Ukraine

Wind, solar slash gas costs in EU by $12.7bn since Russia invaded Ukraine

The growth of wind and solar power has helped to cut natural gas costs by €12bn ($12.7bn) in the EU since Russia invaded Ukraine just over a year ago.

North Macedonia’s power utility ESM picks Makpetrol for gas supply in March

Russian occupation and shelling has cost Ukrhydroenergo 1,500 MW of power capacity

Since Russia launched a full-scale invasion of Ukraine one year ago, the state-run hydroelectric company Ukrhydroenergo has lost 1,500 MW of generating capacity, Interfax Ukraine reported on February 23.

Hidroelectrica IPO in Romania likely in May-June

Polenergia to raise up to PLN750mn for investment

Slovenia adopts bill on placement of renewable power generation facilities

CEZ begins talks with bidders for Dukovany NPP

China’s Dongfang to upgrade Bosnia’s Tuzla 6 coal-fired unit

EPH to build a €.1.1bn power and battery project in the UK

Estonia seeks to collect €411mn from CO2 emissions allowances in 2023

The lights of Lviv are dim but its spirit remains bright

In the face of energy instability and missile strikes on critical facilities, Lviv, western Ukraine's largest city, has dimmed its street lights. But cafes, bars, shops and restaurants continue to buzz as life shines through the smog of war.