Energo - CEE/FSU Power

MOL and TPAO bring upstream partnership to Hungary

Hungarian oil and gas company MOL and Turkish peer TPAO are partnering on hydrocarbon exploration and production in the west of Hungary, Minister of Foreign Affairs and Trade Peter Szijjarto said.

Bulgaria, Romania in talks with US on hydropower, nuclear power plants

DTEK to build 500 MW of energy storage capacity as Ukraine targets power resilience

DTEK Renewables, a subsidiary of Ukraine’s largest private energy group, has announced plans to develop energy storage facilities (ESF) with a total capacity of up to 500 megawatts.

Azerbaijan builds large substation to integrate 2 GW of renewable energy

Energa to allocate 2024 profit to reserves, skips dividend for fourth year

Polish energy group Energa will allocate its entire 2024 net profit to supplementary capital and will not pay a dividend for the fourth consecutive year.

CEZ to sell 80% stake in Dukovany II to Czech state

Czech utility group CEZ will sell an 80% stake in its subsidiary Elektrárna Dukovany II, which is overseeing the construction of a new nuclear unit, to the Czech state for CZK16.3bn ($683mn), PAP Biznes reported on April 29.

Fortum has no intention to return to Russia

Renewable energy major Fortum has no intention to return to Russia, the company said in its 1Q25 interim financial report.

Kazakhstan boosts volume of coal, grain and other cargo transported by rail via Russia in 1Q25

Kazakhstan has sharply expanded the volume of grain, coal and container cargo transported via rail through Russian territory, particularly along the eastern route of the North-South transport corridor.

Output of Romania’s Hidroelectrica down 38% y/y in Q1

Romania’s state-controlled energy producer Hidroelectrica (BVB: H2O) reported a 38% year-on-year drop in gross electricity output in the first quarter of 2025, to 2,735 GWh.

France’s Engie buys 54 MW ready-to-build wind project in eastern Romania

The Romanian subsidiary of the French utility group Engie announced that it has completed the acquisition of a 54 MW ready-to-build wind project in Mereni, Constanța County.

Enevo-led consortium delivers 69 MW solar park to Danish Eurowind in central Romania

A Romanian-led engineering consortium headed by Enevo Group has completed and delivered a 69 MW solar park to Danish renewable energy developer Eurowind in Teiuș, Alba County, central Romania.

Ukraine lowers electricity shortage forecast as decentralised power grows

Ukraine's central bank has revised down its forecast for the country’s electricity shortage over the next two years, citing accelerated repairs and growth in decentralised and renewable power generation.

First concrete pour for Uzbek nuclear plant project expected within year, says Rosatom CEO

The initial concrete should be poured for Uzbekistan’s first nuclear power plant (NPP) within a year, according to Alexey Likhachev, CEO of Russian state nuclear corporation Rosatom.

Uzbekistan sees robust rise in coal production, declines in oil and gas output in 1Q25

North Macedonia's electricity generation drops y/y in February

North Macedonia’s gross electricity generation fell by 5.5% year-on-year to 570.5 GWh in February 2025.

€56.5mn investment to modernise Kosova B power plant launched

An investment of €56.5mn by the Kosovo Energy Corporation (KEK) has officially launched with the start of modernisation works on the B2 unit at the Kosova B power plant.

Poland signs contract with US firms to design first Polish nuclear power plant

Poland has signed a contract with US firms Westinghouse Electric Company and Bechtel to design its first nuclear power plant (NPP), marking a major step forward in Warsaw’s plan to reduce carbon emissions and strengthen energy security.

North Macedonia launches new €17mn tender for electricity interconnection with Albania

North Macedonia’s transmission system operator AD MEPSO has launched a new international tender for the construction of a €17mn 400 kV interconnection with Albania, a project seen as crucial for regional energy integration and national stability.

Azerenerji’s capital increased by nearly 40% as government approves new structure and leadership reshuffle

Moldova expands renewable energy capacity by 78 MW in Q1 2025

The Republic of Moldova increased its renewable energy generation capacity by 77.75 MW in the first quarter of 2025, reaching a total of 657.15 MW, the Energy Ministry announced on April 25.

Slovenia’s Eles forecasts €5.15bn investment in electricity network by 2034

Slovenia’s electricity operator Eles has forecast that €5.15bn will need to be invested in the country’s transmission and distribution networks by 2034, in response to the increased electrification expected during the green transition.

Will quiet Sino-Russian stranglehold damn West’s moves to source more uranium from Kazakhstan?

Brief halt at Kazakh-Canadian producer sparks investor concern and suspicion over Moscow factor.

Russia, Uzbekistan discuss plans to double gas exports during Lavrov visit

Energy cooperation took centre-stage during Russian Foreign Minister Sergey Lavrov’s official visit to Samarkand, Uzbekistan, on April 23.

Fortum to acquire Orange Energia for up to €28mn

The Polish business of Finnish energy group Fortum has acquired electricity supplier Orange Energia for up to PLN120mn (€28mn).

Czech antitrust office turns down French EDF’s complaint over Dukovany nuclear tender in its final decision

The Czech antitrust office, ÚOHS, turned down the complaint filed by the French Electricité de France over the selection of South Korean Hydro and Nuclear Power as the contractor for the Dukovany NPP enhancement project.

Czech coal tycoon Tykač continues buying ČEZ stocks, which have gained 20% in 2025

Czech coal tycoon and billionaire Pavel Tykač, who controls one of the largest Czech energy groups Sev.en, continues to buy stocks of the majority state-owned energy utility, Prague-listed ČEZ.

Azerbaijan and China sign major renewable energy deals

Baku is accelerating its partnerships with major Chinese energy firms in developing large-scale renewable infrastructure, including offshore wind, floating solar and battery storage projects.

Bulgaria’s constitutional court bans renewable projects on agricultural land

Bulgaria’s constitutional court decided to declare for partly unconstitutional regulations that would allow easier construction of renewable energy projects on agricultural land, Lex.bg news portal reported.