Energo - CEE/FSU Power
Ukraine and Russia in preliminary talks to halt energy infrastructure strikes
Ukraine and Russia have entered preliminary discussions aimed at halting attacks on each other’s energy infrastructure, sources familiar with the matter told the FT.
IFC allocates $240mn to support ACWA Power's renewable energy initiatives in Uzbekistan
Decree authorises Turkmenenergo to conclude power production contracts with Japan’s Sumitomo
Turkey’s Enerjisa Uretim obtains $1bn 10-year syndicated loan for 750 MW of wind projects
Dodging €300mn arbitration payout to GreenX Metals “unlikely,” Poland’s PM Tusk concedes
Poland will all but have to pay the multi-million compensation to the Australian miner GreenX Metals following a recent arbitration, as Warsaw’s legal situation is “hopeless,” Polish Prime Minister Donald Tusk said on October 29.
Czech energy utility ČEZ buys 20% share in British Rolls-Royce SMR
The majority state-owned Czech energy utility ČEZ has signed a strategic agreement with British Rolls-Royce, as part of which ČEZ will purchase a 20% minority stake in its small nuclear business Rolls-Royce SMR.
PPC to take over Europe’s biggest onshore wind farm in Romania
PPC, Greece's leading electricity producer and supplier, has been expanding in Southeast Europe, including Romania.
Islamic Development Bank’s ICD extends €15mn loan to Turkey’s Sampa for 21-MW solar investment
Kazakh and Korean officials discuss potential for Korean firms to take part in NPP construction
IMF cuts Ukraine’s economic growth forecast as Russia targets energy infrastructure
The IMF has sharply downgraded Ukraine's economic growth forecast for 2024-2025, citing the impact of Russian strikes on Ukraine’s energy infrastructure and uncertainty over the war’s trajectory.
Russian coal industry to post $350mn loss in 2024
The Russian coal mining industry could become the only loss-making industry in Russia in 2024 with a projected loss of RUB34bn ($350mn) versus RUB783bn and RU 357bn of profit in 2022 and 2023.
Norwegian Statkraft to divest Croatian assets
Framatome to deliver Paks NPP fuel rods from 2027
France-based Framatome has signed a strategic agreement with MVM Paksi Atomeromu to supply fuel rods to Hungary’s Paks nuclear power plant from 2027.
North Macedonia’s gross power generation down 3.3% y/y in August
Slovenia’s electricity generation rises 7% y/y in September
Ukrainian businesses invest in energy independence, see resilience amid war
An EBA study found that 87% of companies in Ukraine were affected by this summer’s power disruptions, with 67% forced to suspend operations, 60% experiencing increased production costs, and nearly 50% altering their work schedules.
Slovenia cancels referendum on Krsko nuclear power plant expansion
Referendum was intended to gauge public support for construction of a second reactor at a cost of up to €15.4bn
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