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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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Czech ČEZ to build new pumped-storage hydro plant
Mongolia wants Borteeg coal deposit brought into economic circulation this year, says report
The Mongolian government wants the Borteeg coal deposit to be brought into economic circulation this year in line with plans to mine 15mn tonnes of coal at the South Gobi resource annually and export 10mn tonnes of that output, says a report.
EIB re-engages with Turkey, enters into two €100mn financing operations for green on-lending
Dummy fuel assemblies loaded at Turkey’s Akkuyu nuclear power plant project
The loading of 163 dummy nuclear fuel assemblies in the first unit of Turkey's Akkuyu Nuclear Power Plant marks a key part of the commissioning process for the country’s first such power station, says a trade journal.
Kyrgyzstan’s energy minister of four years fired
Kyrgyzstan’s President Sadyr Japarov has dismissed Energy Minister Taalaibek Ibrayev.
GEF supports Uzbekistan renewable energy investment facility set to unlock major private capital
Global environmental policymakers have approved $77.6mn in new financing for climate and biodiversity projects, including support for a renewable energy investment facility in Uzbekistan expected to unlock at least $1bn in private capital.
Record Orlen payout guarantees Polish state budget dividend windfall
Poland’s state coffers are guaranteed to receive a larger financial boost than originally anticipated this year, after shareholders at the country’s top state-controlled firms approved record-breaking payouts.
COP31 co-hosts Turkey, Australia to push ‘35% by 2035’ target in electrification of energy use
Turkey and Australia, the hosts of this year’s United Nations climate conference, COP31, on June 9 said that they will push for the world’s governments to back a call for all countries combined to electrify 35% of global energy use by 2035.
France’s Orano, Mongolia mark construction start on uranium development project
French state-controlled nuclear fuel cycle company Orano and subsidiary Badrakh Energy, along with Mongolian partners, attended a ceremony marking the start of the construction phase of a joint uranium project in Mongolia.
Romania’s largest solar park comes online
The 169 MW Iepurești photovoltaic park in Giurgiu County, fully owned by Israeli developer Nofar Energy, has entered the operational phase and is moving towards commercial operation, the company announced.
EBRD lends €175mn to PPC for renewables in southeast Europe
The EBRD will provide a €175mn loan to Greece’s Public Power Corporation (PPC) to support wind and solar projects in Bulgaria, Greece and Romania.
Russian Mosenergo genco to pay 2025 dividend
Ukraine’s energy future hinges on reform as war damage tops $88bn - KSE
Ukraine’s ability to keep the lights on through another wartime winter will depend as much on reform as reconstruction, according to a new report by the Kyiv School of Economics (KSE).
Czech PM Babiš wants to import Azerbaijani gas and oil via Ukraine
Czech Prime Minister Andrej Babiš and leader of the populist Ano party wants his country to import Azerbaijani gas and oil via Ukraine.
MOL gets US extension for talks over acquiring stakes in NIS
Hungary's MOL granted a few more days to acquire a controlling stake in Serbia's NIS as three-party talks with Serbia and NIS' Russian owners are advancing to the final stages.
Russian construction of Uzbekistan's first nuclear plant launched as leaders meet at St Petersburg International Economic Forum
In speech, Mirziyoyev tells delegates business is "shifting into the realm of technology, algorithms, logistics and infrastructure".
Estonia’s Sunly and Rolls-Royce strike Baltics’ largest private battery storage deal
After Baltic region's synchronisation with the European electricity network and disconnection from the Russian grid, demand for balancing and frequency-control services has increased sharply.
EBRD provides €44mn financing for major battery storage project in Romania
The European Bank for Reconstruction and Development (EBRD) will provide up to €44mn in financing for the development of a large-scale battery energy storage system (BESS) in Scornicești, Romania.
Ukraine remains net electricity importer despite surge in exports
Ukraine remained a net importer of electricity in May despite an increase in exports, highlighting the continuing challenges facing the country's energy system more than four years after Russia began targeting power infrastructure on a large scale.
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