Energo - CEE/FSU Power

21 March 2024

Bulgaria launches tenders for 1.43 GW of renewables

20 March 2024

Bulgaria’s Ministry of Energy has launched two tenders to add 1,425 MW of renewable power generation to the grid along with 350 MW of battery energy storage system (BESS) projects.

Oschadbank to collaborate on construction of 520-MW wind power plant in Western Ukraine

20 March 2024

Oschadbank, Ukraine's state-owned bank, has announced its participation in the development of a major wind power project in western Ukraine.

Global wind turbine orders break records

20 March 2024

A new Wood Mackenzie report says global wind turbine order intake reached new highs last year with 155 GW of capacity recorded, and with both the Chinese and Western markets breaking records.

GECF strikes bullish tone on gas demand growth

20 March 2024

The Gas Exporting Countries’ Forum (GECF) has come out with a bullish prediction that consumption of the fuel will surge by 34% by the middle of the century.

Fall in CO2 emissions quota prices will deepen drought in Estonian state coffers

20 March 2024

The price of CO2 emission quotas has fallen to around €50-60 per tonne in recent months, as a result of the Europe-wide downturn, said Armen Kasparov, head of energy trading at the Estonian state-owned Eesti Energia.

Serbia’s EPS reports record RSD114bn profit in 2023

20 March 2024

Serbia’s Elektroprivreda Srbije (EPS AD) announced it had achieved a record profit of RSD114bn (€970mn) last year, as reported by both the company and the Ministry of Mining and Energy.

Cheap coal from Putin fires Turkey up the dirty power generation league

18 March 2024

Country dislodges Poland from second spot in Europe for electricity made with coal. Ankara took advantage of lower Russian shipment prices caused by EU embargo.

NGO warns Bulgaria over plans to swap coal for fossil gas

14 March 2024

CEE Bankwatch says Sofia's intention to replace coal-fired with gas-fired power plants is unfeasible given it has no strategy or financial plan.

Poland’s Duda says US investor should build second Polish nuclear power plant

14 March 2024

Duda and Prime Minister Donald Tusk were in the US earlier this week to commemorate Poland’s 25 years in Nato and also discuss war in Ukraine as well as issues of bilateral cooperation such as energy.

Latvia ponders going nuclear in future

14 March 2024

In order not to increase Latvia's dependence on electricity from other countries, the possibility of developing nuclear energy should be considered, the Ministry of Climate and Energy (KEM) stated.