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Energo follows key project, policy and investment in the power sector across the FSU and CEE. This has included extensive coverage of the Czech Republic and Lithuania’s efforts to build new nuclear reactors, changing renewables policies in Poland and Romania and the privatisation and modernisation of Russia’s power sector.
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South Korea’s KHNP holds meeting with Kazakhstan’s Nuclear Energy Agency in Astana
Korea Hydro & Nuclear Power (KHNP), a subsidiary of Korea Electric Power Corporation, and Kazakhstan’s newly formed Nuclear Energy Agency (NEA) held a meeting in Astana to explore potential collaboration in the development of nuclear energy.
Uzbekistan to supply uranium to France under €9mn transit deal with Kazakhstan
Uzbekistan has signed a contract with Kazakhstan’s TOO Logistic Centre to transit uranium concentrate to France via Russia’s St Petersburg port, according to data from Uzbekistan’s Commodity Exchange (UZEX).
Kyrgyzstan warmed twice as fast as global average between 1960 and 2023 says UNEP Atlas report
The UN Environment Programme (UNEP) has released its Atlas of Environmental Change for Kyrgyzstan, with the warning that average annual temperatures in the Central Asian country rose by 1.2°C between 1960 and 2023, or double the global average.
Oschadbank signs €9.6mn loan deal with KNESS for energy storage projects
Ukraine’s state-owned Oschadbank has signed a nearly six-year investment loan agreement worth €9.6mn with international Ukrainian company KNESS to finance and refinance the construction of energy storage facilities.
EU approves acquisition of majority in largest Slovak power company by Czech oligarch Kretinsky
The European Commission has approved the obtaining of a majority in the largest Slovak power company Slovenske elektrarne by regional energy behemoth EPH of Czech energy and media oligarch Daniel Kretinsky.
Slovenia secures €96mn from EIB for electricity grid modernisation
Slovenia has secured €96mn from the European Investment Bank as part of a broader €236mn investment scheme aimed at upgrading electricity transmission and distribution networks.
Turkish energy company Margun buys $16mn geothermal power plant
Turkish energy company Margun Enerji has acquired Izmir Seferihisar Geothermal Power Plant (GPP) from RSC Elektrik for TRY605mn ($16mn).
Serbia partners with China on development of nuclear power
Serbia has entered into a new partnership with China to advance its nuclear energy sector, marking another significant step in the country’s pivot towards nuclear power.
North Macedonia’s gross power generation down 7.5% y/y in January
North Macedonia’s gross electricity generation fell by an annual 7.5% to 541 GWh in January, with domestic production accounting for 69.7% of the country’s gross domestic consumption.
Green energy debts could derail Ukraine's green transition
A chronic debt crisis is threatening to undermine Ukraine’s efforts to attract investment into renewable energy sources.
German firm first to buy electricity origin guarantees in Ukraine
A German company has become the first buyer of electricity guarantees of origin in Ukraine, marking a key step in the country’s renewable energy market development.
Poland’s Polenergia plans to triple generation capacity by 2030
Polish energy company Polenergia aims to expand its generation capacity to 1.5 GW by 2030, up from 0.6 GW, by focusing on offshore wind development.
Croatia, Italy mull building undersea power cable
Kretinsky’s Czech energy EP Group becomes sole shareholder in German LEAG
EP Energy Transition of EP Group of Czech energy and media oligarch Daniel Kretinsky acquired the remaining 30% share from the richest Czech investment group PPF to become the sole shareholder in German LEAG.
Kremlin posts list of energy assets covered by temporary ceasefire agreement
The Kremlin has posted on its website a list of Russian and Ukrainian installations covered by a temporary moratorium on strikes, agreed between Moscow and Washington in Riyadh during meetings between March 23-25.
Poland’s Duda signs PLN60.2bn nuclear power plant funding into law
Polish President Andrzej Duda signed a law allocating PLN60.2bn (€13.5bn) for the construction of Poland’s first nuclear power plant, the president’s office said on March 25.
Uzbekistan’s small nuclear plant project to stay within $2bn budget, says UzAtom chief
Slovenia’s electricity output declines in February
Slovenia’s total net electricity generation reached 1,168 GWh in February, marking a 8% decrease compared to January and a 9% decline from the same month in 2024.
Ukraine’s Energoatom to cut nuclear plant repair times further in 2024
Ukraine’s state nuclear energy company, Energoatom, plans to continue reducing the duration of repair campaigns at its nuclear power plants in 2024, following efficiency improvements achieved over the past year.
Russian Power Machines wins $0.5bn arbitration in Vietnam
Russian engineering and machinery contractor Power Machines (Silovye Mashiny) of steel tycoon Alexei Mordashev (Mordashov) has won a $570mn arbitration award in an ongoing dispute over supplies to Vietnam’s PetroVietnam.
Rusal’s parent En+ group posts 90% profit jump to $1.35bn in 2024
Net profit of En+ metals and energy group jumped by 88% year on year to $1.35bn in 2024, according to Vedomosti daily citing the company’s annual report.
Russia's Rosatom has presented small nuclear power plant proposal to Tajikistan, says report
Tajikistan is studying a proposal from Russia for the construction of a small nuclear power plant (NPP), TASS has reported.
Global energy demand doubled in 2024 driven by extreme temperatures, but renewables covered 80% of the increase, says IEA
Global energy demand growth surged in 2024 to almost twice its recent average, driven by rapidly rising electricity use, the International Energy Agency said in its global energy review 2025 report on March 23.
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