Energo - CEE/FSU Power
Germany’s power consumption falls to the 1990 level as industry withers
Germany’s deindustrialisation is gathering pace as the boomerang effects of the extreme sanction on Russia bounce back and affect the Germany economy more than any other in Europe, according to a note by Oxford Economics released on January 9.
Commercial fusion reactors breakthrough expected in 2024
A breakthrough in producing power by fusion reactions is expected in 2024, according to S&P Global.
More than 1,000 towns and villages in Ukraine suffering from power outages
Ukraine is currently grappling with a severe winter weather crisis as over 1,000 towns and villages across nine regions find themselves plunged into darkness due to power outages.
Azerbaijan announces the master plan of Baku
Turkish Fortis Energy plans to build 2 GW of renewable capacities in five Balkan states
Solar panels company to invest $13mn in Armenia
Vega Solar installs rooftop PV plant for Alba Cosmetic International
Albanian photovoltaic system company Vega Solar has completed the installation of a 500-kW photovoltaic (PV) plant for Alba Cosmetic International, Vega announced in a Facebook post.
Slovenia's HSE reportedly considers strategic restructuring to tackle financial challenges
Montenegro’s EPCG sees 2023 profit at record-high €70mn-80mn
OMV Petrom steps towards green future with renewables and electromobility deals
Southeast Europe’s biggest energy company buys into wind and solar power company and EV charging network.
ArcelorMittal challenges Tauron's claim to exercise put option to sell Tameh Holding stake
Steel giant says it has not bought Polish energy group out of power utility joint venture.
North Macedonia fails yet again to get €1bn Cebren HPP project started
14th tender for the Cebren hydropower plant with one of the world's tallest dams fails after efforts that started back in the 1960s.
Hungary relaxes rules in bid to boost wind power
Output of Czech nuclear power plants dropped by 0.6 TWh y/y in 2023
Czech nuclear power plants Dukovany and Temelin delivered 30.6 TWh of electricity to the domestic energy grid in 2023.
Russia’s nuclear power company Rosatom plagued by problems
Russia’s nuclear power company Rosatom is plagued by problems that are affecting its operations and leading to delays in completing several flagship projects.
Belarus’ Russian-built nuclear power plant leak in February 2022 reported
Leaked documents seen by Bloomberg suggest that there was an incident at Belarus’ Russian-built Ostrovets (aka Astravets in Lithuanian) nuclear power plant in February 2022
Final COP28 agreement is a cop-out
The final COP28 agreement calls for a "historic" transition away from fossil fuels and a trebling of renewables. But in the end it seems the fossil fuel lobby won.
Slovenia’s NPP Krsko to produce 10% less electricity in 2023 due to temporary shutdown
Bulgaria aims to pay €12bn for two new units of Kozloduy NPP, put them in operation by 2035
Kosovo’s gross available electricity down 3.1% y/y in October
European Commission provides €1.2bn to Bulgaria for green transition in coal regions
Engie begins developing 37MWp solar park in central Romania
Kazakhstan: Freezing temperatures cause infrastructure failures – again
Officials have sought to downplay the problems, describing them as “technological disruptions”.
New Polish state assets minister removes PiS-linked member from Orlen’s supervisory board
EDB planning to commit $130mn to Tajikistan’s multi-billion-dollar Rogun hydroelectric mega project
Greece’s TSO IPTO explores investment opportunities in Balkan peers
Report finds huge rooftop solar potential in Turkey
Tajikistan set to hike electricity tariffs by 16%
Czech Emma Capital to complete largest solar park in Moldova
$65mn to extend the operating life of Unit 2 of nuclear power station
The closed joint-stock company Armenian Nuclear Power Plant is going to sign a contract with the company Rusatom Service to extend the operating period of the second unit of Metsamor nuclear power plant.
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