Energo - CEE/FSU Power
Montenegro’s EPCG cancels €58mn tender for battery storage plants
Montenegro’s state-owned power utility, Elektroprivreda Crne Gore (EPCG), has annulled a €58mn tender for the construction of two modern battery plants for electricity storage after failing to obtain government approval to take on new debt.
Romania's Nuclearelectrica signs contracts with EDF on nuclear unit retooling and medical isotope project
Romania’s state-controlled Nuclearelectrica has signed two agreements with subsidiaries of France’s EDF Group for the refurbishment of Unit 1 at the Cernavoda nuclear power plant and to develop a new medical radioisotope production facility.
Uzbekistan, Japan’s Mitsubishi discuss new PPP initiatives in energy and industry
Uzbekistan and Japan’s Mitsubishi Corporation are exploring new joint initiatives that would be based on public-private partnership (PPP) principles. Both parties are looking to expand cooperation in energy and industrial development.
Indian refiners reportedly resume yuan payments for Russian oil
Indian state-run refiners have resumed settling payments for Russian oil in Chinese yuan
Montenegro and Italy discuss progress on second undersea power cable
Montenegro’s Minister of Energy and Mining, Saša Šahmanović, met in Podgorica with representatives of Terna, the Italian transmission system operator and implementer of the Italy–Montenegro energy interconnection project.
Russia’s China pipeline push unlikely to boost gas exports before mid-2030s
Russia’s planned Power of Siberia 2 gas pipeline to China is unlikely to increase gas exports for at least a decade, with key terms still unsettled and a lengthy construction timeline ahead
Feasibility study for trans-Caspian power line to be ready in 2026 – report
Europe-bound electricity unlikely to flow before 2030.
Romania's Electrica seeks shareholder approval to borrow €1bn for acquisitions
State-controlled electricity utility group is eyeing acquisitions including Distribuție Energie Oltenia, currently owned by Macquarie.
European Commission says Slovakia won’t be able to cover state energy aid costs with EU funds
Turkey’s Cengiz Enerji secures €164mn loan from European banks for 550-MW power plant in Uzbekistan
Slovenia moves forward with plan to close Velenje coal mine by 2033
Slovenian government said on October 7 that it began reviewing the draft act on the gradual closure of the Velenje coal mine, which sets out a comprehensive legal framework for winding down operations in the Velenje mining area.
Mongolia’s PM looks forward to budget surplus on big turnaround at coal miner and exporter ETT
Mongolia’s Prime Minister Zandanshatar Gombojav has thanked a special government team for turning around the performance of the country’s largest coal exporter, state-owned Erdenes Tavan Tolgoi (ETT).
Bosnia’s EPBiH extends life of Tuzla power plant unit
Bosnia’s state-owned power utility Elektroprivreda BiH (EPBiH) has completed a BAM30mn (€15.3mn) overhaul of Block 4 at its Tuzla coal-fired power plant.
China's Envision Energy to supply turbines for 1-GW Mirny wind project in Kazakhstan
Chinese renewable energy group Envision Energy has signed a letter of award to supply turbines for Kazakhstan’s 1-gigawatt Mirny onshore wind power project, which is being developed jointly by TotalEnergies, Samruk-Energo and KazMunayGas.
Romania requests EU approval to delay closure of coal-fired power plants
The Romanian government is seeking approval from the EC to keep several coal-fired power units operational beyond year-end, despite earlier commitments. Otherwise, the risk of blackouts and the electricity price are rising, Romania officials claim.
Romania aims to expand power storage capacity to 2,000 MW by end-2026
Romania plans to increase the power of its electricity storage facilities to 2,000 MW by the end of 2026 to ensure stability during peak consumption periods.
Low reservoir water levels mean tough winter for hydro-dependent Kyrgyzstan
Energy minister says government taking measures to prevent blackouts.
Iraq partners with Russia to develop peaceful nuclear energy projects
Iraq’s Ministry of Electricity announced that it has signed memorandums of understanding (MoUs) with Russia to explore the use of peaceful nuclear energy, as part of a wider national strategy to boost power generation capacity by 11,000MW
Uzbekistan, France and Japan advance new uranium mining phase
Uzbekistan’s state-owned Navoiyuran, France’s Orano Group and Japan’s ITOCHU Corporation have finalised a new phase of their partnership in the Nurlikum Mining uranium joint venture.
Hungary’s MVM acquires majority stakes in two Serbian energy firms
Hungarian state-owned utility giant MVM Group has increased its ownership in two Serbian energy companies, finalising an agreement signed with Serbia's Maneks Group in July.
Hungary signs long-term LNG contract with Engie in Budapest on October 2.
Hungary's state-owned MVM CEEnergy signed a contract with French-owned Engie for the supply of 4 bcm of LNG over ten years from 2028 to 2038,
Turkey says second nuclear plant could result from trilateral deal with US and South Korea
Turkey is considering working with the United States and South Korea in constructing a second planned nuclear power plant (NPP), Energy Minister Alparslan Bayraktar told CNN Turk on October 2.
Czech energy and media tycoon Křetínský backs down on JV plans with German Thyssenkrupp
The news comes as the European steel industry copes with continued challenges, including the Russian invasion of Ukraine and Asian competition.
Saudi Arabia’s ACWA Power and India’s Larsen & Toubro sign EPC contracts for Sazagan Solar projects in Uzbekistan
Kazakhstan to build second nuclear power plant also in Almaty Region
Kazakhstan has identified two sites in Almaty Region for the construction of the country’s second nuclear power plant (NPP), The Astana Times reported on October 1, citing Atomic Energy Agency chair Almasadam Satkaliev.
Iran-Armenia power line set for mid-2026 launch despite delays
The first phase of the long-awaited Iran-Armenia high-voltage power transmission line is expected to be commissioned by July 2026.
Bulgaria aims to become regional leader in small modular reactors, says energy minister
Bulgaria will leverage its favourable geographical location and diverse energy mix, Minister of Energy Zhecho Stankov said.
Zaporizhzhia nuclear plant faces record power outage as Russia seeks reactor restart
The Russian-occupied Zaporizhzhia Nuclear Power Plant (ZNPP) has been disconnected from Ukraine’s electricity grid for a record 120 hours, raising safety concerns as Moscow attempts to restart its reactors.
China’s Dongfang has plan to invest $250mn in Turkish wind power manufacturing says minister
Energy minister says Chinese energy giant Dongfang Electric Corp has a plan for a major push into Turkey’s renewable sector with the construction of a $250mn wind turbine production facility.
Kyrgyzstan, Russia’s Rosatom sign agreement on cooperation in lithium-ion batteries and energy storage systems
An agreement on cooperation in the production of lithium-ion batteries and energy storage systems has been signed by the Cabinet of Ministers of the Kyrgyz Republic, the Fuel Division of Russia’s Rosatom, Energy Solutions Kyrgyzstan LLC and Elbrus.
EBRD plans €29mn loan to support Kosovo’s power grid upgrades
The European Bank for Reconstruction and Development (EBRD) is considering a loan of up to €29mn to Kosovo’s Transmission, System and Market Operator (KOSTT) to modernise key parts of the country’s electricity network.
Tokayev announces creation of two “science cities” to support Kazakhstan’s nuclear programme
President Kassym-Jomart Tokayev has unveiled plans to establish two “science cities” in Almaty and Kurchatov to strengthen Kazakhstan’s nuclear energy and nuclear medicine sectors, The Times of Central Asia reported on September 29.
Eni’s Plenitude launches first phase of hybrid power project in Kazakhstan
Plenitude, the renewable energy arm of Italy’s Eni, said in a press release on September 27 it has commissioned a 50-MW solar power plant in Zhanaozen in Kazakhstan’s Mangystau Region, marking the first stage of a 247-MW hybrid project.
Yellow Cake raises $175mn, plans uranium purchase from Kazakhstan
Yellow Cake, a UK-based uranium investment company, has raised $175mn through the issue of around 23mn new shares to institutional investors, Kursiv reported on September 26.
Turkey and US sign memo on strategic nuclear energy
Turkey and the US have signed a memo on strategic nuclear energy, though few details of what it specifies have been released.
Bakhvi Hydropower Cascade nears completion in Georgia’s Guria region
Construction of the Bakhvi Hydropower Plant (HPP) cascade on the Bakhvistskali River in Ozurgeti Municipality has entered its final stage, with all three plants expected to be operational by the end of 2025.
Overhaul begins at Slovenia’s Krsko NPP after record fuel cycle
A regular overhaul has begun at the Slovenia’s Krsko nuclear power plant (NPP) on September 28, following the completion of its 34th fuel cycle, Krsko NPP announced.
Georgia's $90mn Bakhvi Hydropower cascade nears completion, commissioning slated by year-end
Located on the Bakhvistskali River, the cascade will have a total installed capacity of 46MW and is expected to generate around 200mn kilowatt-hours (kWh) annually for Georgia’s energy system.
Russia launches a revolutionary industrial-scale closed fuel cycle reactor
President Vladimir Putin claims Russia has made a nuclear technology breakthrough and has developed a closed fuel cycle power system to tackle global uranium shortages.
Poland tops EU gas storage at 100%
Poland’s underground gas reserves have reached full capacity, Energy Minister Miłosz Motyka said on September 24.
Uzbekistan releases more details of nuclear power project at Moscow event
Uzbekistan released more details of its first nuclear power plant project at an event in the Russian capital attended by Russian leader Vladimir Putin.
Armenia, Russia deepen nuclear energy cooperation as Pashinyan meets Putin in Moscow
Armenia, Russia deepen nuclear energy cooperation as Pashinyan meets Putin in Moscow
Green energy for millions as Uzbekistan hits 8bn kWh from solar and wind
Uzbekistan’s solar and wind power plants generated 8bn kilowatt-hours (kWh) of electricity in the year to September 23, according to the Ministry of Energy.
Lukashenko proposes new Belarus nuclear plant to supply power to Russian-occupied Ukraine
Belarusian President Alexander Lukashenko has proposed building a new nuclear power plant in Belarus to supply electricity to Russian-occupied territories in Ukraine, state news agency BelTA reported on September 25.
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