Energo - CEE/FSU Power
Ukraine faces prolonged blackouts amid power generation crisis
Ukrainians will have to endure regular blackouts for an extended period due to the extensive damage to the country’s power generation infrastructure and a lack of resources for swift restoration.
Turkish delegation visits Niger with country’s uranium riches reportedly high on agenda
World Bank says Western Balkans must invest $37bn to protect region from climate change impact
Region increasingly plagued by floods, drought, heatwaves and forest fires.
Record growth in renewables must be significantly topped up, says IRENA
The world risks missing the tripling renewables target pledged at COP28 in November. That is although renewables are becoming the fastest growing source of power, says the International Renewable Energy Agency.
Ukraine seeks international financing for energy projects amid $700mn cost for 1 GW of power generation
Ukraine needs international financing to address its energy crisis, as the construction of 1 GW of power generation costs $700mn. The country is looking to build 8-9 GW to meet its energy needs.
Czech solar spike slows down
There were 24,000 new photovoltaic power plants brought into operation in Czechia in the first half of this year, which is 21,200 less year on year.
Orlen Lithuania has not recovered over €8mn in losses from Inter RAO Lithuania
Orlen Lietuva, the Lithuanian subsidiary of Poland's Orlen oil group, has been unsuccessful in recovering more than €8mn in damages and interest from Inter RAO Lietuva.
Baltic States to decouple from Russia, Belarus grid by 2025
The Baltic States will completely decouple from the Moscow-controlled post-Soviet power grid by February 2025, media outlet LRT reported on July 14.
Kosovo’s KESCO urges citizens to save electricity amid high import costs
Kosovo’s electricity supply company (KESCO) has issued a call for citizens on July 15 to conserve electricity as much as possible, announcing that the country is importing energy at a cost of €1mn per day.
Investment into green energy to top $2 trillion in 2024 for first time – IEA
The world now invests almost twice as much in clean energy as it does in fossil fuels, according to a report by the International Energy Agency (IEA), but there are major imbalances in investment with Emerging Markets lagging the developed world.
DTEK Renewables secures extension on Eurobond payments, advances Tyligulska wind farm
DTEK Renewables has successfully extended €325mn of its green Eurobond payments and gained support for constructing the second stage of the Tyligulska wind farm.
International energy firms pressed to support Ukraine energy fund
Head of EU-backed agency seeks to ramp up financial and in-kind support for war-ravaged power sector.
Kosovan opposition slams government over €21mn payout to Contour Global
As Pristina seeks to promote renewables, the cancelled Kosova e Re coal fired power plant project remains a headache for PM Albin Kurti’s government.
Serbia signs memorandum on nuclear energy development
Serbia took a significant step towards embracing nuclear energy as representatives from key ministries and academic institutions signed a memorandum of understanding aimed at developing nuclear technologies.
Ukraine faces decade-long loss of Zaporizhzhia nuclear plant capacity
Ukraine has lost the capacity of Europe's largest nuclear power plant, the Zaporizhia nuclear power plant (ZNPP), for at least a decade, according to Prime Minister's adviser Yuriy Boyko.
Eight companies win hybrid PV auction in Albania
The Albanian government announced the winners of its hybrid photovoltaic auction, with eight companies securing bids and an average price of €51.3 per MWh.
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