Energo - CEE/FSU Power
North Macedonia’s electricity exchange begins trading in euros
Uniper CEO: No contact with Russian Unipro management, sale depends on timing
German energy giant Uniper has had no contact with the management of its Russian subsidiary PJSC Unipro, CEO Michael Lewis said, as the company remains locked out of operational control of the asset.
Kazakhstan officially confirms Almaty Region site for nuclear power plant construction
Turkey’s Kazancı plans to invest €1bn in North Macedonia's energy sector
North Macedonia's Prime Minister Hristijan Mickoski says Kazancı's investment will strengthen energy independence and tackle air pollution.
Russian coal major Raspadskaya posts 83% profit drop in 2024
In 2024 Russian coal miner Raspadskaya posted 21% IFRS revenue decline year-on-year to $1.7bn due to continued decline in coking coal prices, with an EBITDA decline of 58% y/y to $291mn.
Kosovo’s Elen Energy wins contract for 3 MW solar plant
Kosovo’s company Elen Energy has secured a significant project for the construction of a 3 MW photovoltaic plant in the eastern municipality of Istog.
North Macedonia’s gross power generation down 16.7% y/y in 2024
North Macedonia’s gross electricity generation fell by an annual 16.7% to 5,685 GWh in 2024, with domestic production accounting for 70.2% of the country’s gross domestic consumption.
EU to fully integrate Ukraine and Moldova into energy grid by end of 2026
Ukraine and Moldova’s energy markets will be fully integrated into the European grid by the end of 2026, European Commission President Ursula von der Leyen announced on February 24.
Transnistria raises energy prices as Russia replaces subsidies with loans
The authorities of the unrecognised pro-Russian separatist region of Transnistria in Moldova have decided to double natural gas prices and increase electricity prices by 50% for local consumers.
INTERVIEW: Integrating AI with data and experience
AI is rapidly gaining traction in the oil, gas, and renewable energy sectors, as companies seek cost reductions, emissions control and safety improvements.
Serbia’s second renewables auction attracts global investment
Serbia successfully allocated its full 424.8-MW quota in the second round of its renewable energy auction, supported by the EBRD.
Turkey’s Vestel Ventures buys stake in US-based Splitvolt
Vestel Ventures, the venture capital arm of Turkish electronics giant Vestel, has taken a stake in US-based Splitvolt, a company that provides energy efficiency and electric vehicle (EV) charging solutions.
Kosovo opens applications for wind energy project bidding process
The Kosovo Ministry of Economy said on February 20 it publicly opened applications for the competitive bidding process of a wind project with a target capacity between 50 and 100 MW, benefiting from the support scheme.
Uzbekistan aims to save 1.6bcm of gas, 3.5bn kWh of electricity in 2025
Uzbekistan is aimig to save 1.6bn cubic metres (bcm) of natural gas and 3.5bn kilowatt-hours of electricity in 2025 as part of a broader push for energy efficiency.
Ukraine rejects Turkish Karpowership power plants over high costs
Ukraine has opted not to integrate Turkish Karpowership floating power plants into its energy system due to their high generation costs, despite spending approximately UAH300mn ($7.8mn) on infrastructure preparations.
Kazakhstan’s Kazatomprom and Jordanian JUMCO sign MoU on joint study of uranium projects in Jordan
Turkey raises geothermal power equipment localisation rate to 55%
Fourth-largest geothermal power capacity holder in the world Turkey has raised its parts localisation rate to 55%.
Follow us online