Energo - CEE/FSU Power

20 July 2023

North Macedonia secures €100mn loan from the EBRD to address energy crisis

19 July 2023

North Macedonia’s government has been provided with €100mn from the European Bank for Reconstruction and Development to support the liquidity of the state-run power producer ESM as part of efforts to deal with the energy crisis.

Slovenia achieves victory in arbitration with Bosnia’s Ugljevik TPP

19 July 2023

The Slovenian energy company Holding Slovenske elektrarne (HSE) will receive compensation of €67mn from Bosnian coal mine and power station Ugljevik for its failure to supply electricity in the period during the war in Bosnia, media reported.

Solar and wind to supply more than 33% of world power by 2030

18 July 2023

A new analysis by RMI in partnership with the Bezos Earth Fund, reveals that surging solar, wind and battery capacity out to 2030 is now in line with ambitious net-zero scenarios.

Poland tables coal assets spin-off offer to key utilities

18 July 2023

PGE, Tauron, Enea, and Energa received offers from the Ministry of State Assets for the spinoff of their coal-fired generation assets to a new state-owned vehicle.

EBRD not an investor in Hidroelectrica’s "landmark" IPO

18 July 2023

The European Bank for Reconstruction and Development (EBRD) has confirmed that it did not invest in Hidroelectrica's IPO because its strategy targets companies that use financing from listing offers for development, as opposed to exits.

EU carbon tax could shave 0.2% off Russian GDP

14 July 2023

The entry into force of the EU Carbon Border Adjustment Mechanism (CBAM) may lead to a 0.17% drop in Russian GDP, according to the estimates of NIFI Centre for Macroeconomic Research cited by Kommersant daily.

HEP surplus gas sale situation to be resolved, says Croatian PM

14 July 2023

Croatian Prime Minister Andrej Plenkovic confirmed on July 13 that the issue of HEP power utility's surplus gas sale will be “fully addressed”, with necessary decisions taken if required.