Energo - CEE/FSU Power
Looking at ramifications of China’s shifting energy usage patterns on Central Asia
Renewables are up, fossil fuels down.
Mongolian coal miner SouthGobi updates market on tax audit case
SouthGobi Resources, a coal mining company in Mongolia listed on the Hong Kong Stock Exchange and the TSX Venture Exchange, has updated the market on a tax audit case.
Report says Turkey ranks ninth in world for operational hydroelectric capacity
Turkey ranks ninth in the world for operational hydroelectric capacity, according to a report by Global Energy Monitor.
Montenegro’s EPCG showcases key clean energy projects at OSCE conference
Key clean energy projects currently under development by Montenegro’s Electric Power Company (EPCG) took centre stage at the OSCE Parliamentary Assembly’s Silk Road Group conference in Budva.
Uzbekistan breaks energy monopolies in move toward WTO membership
Uzbekistan has dismantled the decades-long natural gas transmission monopoly held by Uztransgaz as part of reforms designed to help liberalise the country’s economy and meet conditions for World Trade Organization (WTO) membership.
Kazakhstan imposes pricing rules to cap discounts on nuclear material transactions
Kazakhstan’s government has introduced regulations capping discounts on the sale of key nuclear materials, including uranium hexafluoride and enriched uranium products, at a maximum of 15%.
Bosnia secures €80mn World Bank loan to finance coal phase-out and energy transition
Funds to back project to repurpose post-mining lands in Banovići, Zenica and Kreka, and facilitate the closure of underground mining operations in Zenica.
North Macedonia set to adopt new energy law with stronger consumer protections and renewables push
North Macedonia’s Parliament is preparing to adopt a new energy law that introduces key reforms in meter reading, renewable energy investment, and consumer protection.
Turkey under pressure to reconcile ambitious industrial strategy with Net Zero targets
Decarbonisation realities mean Turkey is having to reconcile its industrial and technology strategy—with ambitious targets such as a a near-doubling of industrial exports to $400bn by 2030—with challenging Net-Zero-by-2053 targets.
Romania’s Electrica secures €620mn loan for green energy and grid investment
Romanian energy group Electrica (BVB: EL) has secured a RON3.1bn (€620mn ) syndicated loan to refinance existing debt and fund major investments in green energy and electricity distribution.
Hungary’s state energy company delivers robust earnings even as revenues retreat
Hungarian state-owned energy giant MVM Group posted a net profit of HUF324bn (€800mn) for 2024, down from the record HUF369bn a year earlier but still one of its strongest results on record.
French EDF files lawsuit against the Czech Dukovany nuclear tender
French Électricité de France (EDF) filed a lawsuit at the regional court in Czechia’s second-largest city, Brno, over the selection of the South Korean Hydro and Nuclear Power as the contractor for the €16bn Dukovany NPP enhancement project.
Kazakhstan agrees 10-year deal with Tajikistan for “Rogun” electricity, but export start date is anybody’s guess
Kazakhstan has inked a 10-year deal to import electricity from Tajikistan, but power is to flow from latter’s Rogun Dam hydro megaproject, and there is little clarity on when infrastructure will be ready to deliver enough electricitity to export.
Artificial Intelligence and electricity: a new energy challenge
The rapid growth of Artificial Intelligence is transforming how industries operate, particularly the electricity sector.
ERG and China’s TCC to build Kazakhstan’s first ferroalloy-gas power plant
Luxembourg-headquartered Eurasian Resources Group (ERG) has signed an engineering, procurement and construction (EPC) contract with China Tianchen Engineering Corporation (TCC) to build Kazakhstan’s first ferroalloy-gas utilisation power plant.
Romania to fast-track completion of hydropower projects under national security designation
Romania will classify its unfinished hydropower infrastructure as a national security priority in May, with the aim of accelerating their completion and integrating them into the national grid, acting President Ilie Bolojan announced.
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