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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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US extends waiver on Russian oil by 30 days
Poland's Polenergia Q1 EBITDA misses consensus on weaker wind, normalising prices
Poland's renewables-focused power group Polenergia reported on May 18 its estimated results for Q1 2026, with core earnings landing below market expectations due to less favourable weather conditions and a normalisation of energy prices.
Kazakhstan’s 2025 coal output up 7% y/y
TMK Energy, largest Mongolian LPG company Dashvaanjil link up for gas-to-power projects
TMK Energy (ASX:TMK) on May 18 announced in a stock market filing that it has entered into a gas-to-power memorandum of understanding (MoU) with Dashvaanjil Group, Mongolia’s largest liquefied petroleum gas (LPG) import and distributor.
Hungarian government releases motor fuel from strategic reserves to help smaller fuel stations
The Hungarian government has ordered the release of 575mn litres of fuel from strategic reserves to secure regulated fuel supply as small operators faced supply shortages due to price caps and depletion of reserves.
French Framatome to cooperate on nuclear fuel development with Czech Research Centre Řež
Kosovo electricity output rises in March as thermal generation and coal production increase
Serbia’s power utility EPS posts €129mn profit in first quarter
Serbia’s state-owned power utility Elektroprivreda Srbije (EPS) reported a net profit of RSD15.1bn (€129mn) in the first quarter of 2026, exceeding both its business plan and year-earlier performance.
Romania's Hidroelectrica reports 2.2 times y/y larger profit in Q1 on stronger output
Hidroelectrica (BVB: H2O), Romania’s largest state-owned energy producer with a market capitalisation of RON80bn (€15.4bn), reported a 2.2-fold increase in net profit year-on-year.
Ukraine plans post-war energy system centred on nuclear power
Ukraine plans to rebuild its post-war energy system around nuclear generation while significantly expanding renewable energy capacity, as the country prepares for long-term reconstruction following repeated Russian attacks on critical infrastructure.
Mongolia’s SouthGobi swings to 1Q operational profit, advises on outlook for coal in China’s energy mix
Mongolia’s SouthGobi Resources (HKEX:1878, TSX-V:SGQ) coal miner on May 14 announced in a press release its financial and operating results for the first quarter, recording a $4.6mn profit from operations.
Slovenia allocates €40mn to support industry electricity costs and battery storage investments
Turkey identifies four zones for first offshore wind energy tenders
Four sites off Turkey’s western coast have been designated candidate zones for the country’s first offshore wind energy projects.
Kyrgyz civil servants told to toss the jacket and tie to cut office use of power for air cooling
Kyrgyz civil servants have been instructed to forgo jackets and ties in the office during the hot months in order to reduce electricity consumption required for air conditioning.
ENKA, GE Vernova launch 852-MW gas-fired Kirklareli power plant in Turkey
Istanbul-based ENKA Insaat ve Sanayi (IST: ENKAI) and Massachusetts-based GE Vernova Inc (NYSE: GEV) on May 12 announced the start of commercial operations at the 852-megawatt (MW) Kirklareli power plant in Turkey.
German wind turbine maker ENERCON commits to setting up rotor blade factory in Turkey
Germany’s ENERCON said on May 13 in a press release that it will establish a rotor blade production facility in Bergama, western Turkey, for its E-175 EP5 E2 onshore wind turbine.
Russia and India could strike rare minerals deal
Tajikistan signs $1bn deal for solar panels installation offering 2,000 MW in capacity
Tajikistan has signed a $1bn solar energy agreement with a Dushanbe-based company, Rooftop LLC, for the installation of solar panels with a combined capacity of 2,000 megawatts across company facilities and other energy consumers.
Norwegian companies mull €1bn hydrogen plant in Estonia
Hydrogen development across the Baltic states is accelerating as governments seek to reduce emissions, expand offshore wind capacity and cut dependence on Russian energy.
Kazakhstan aims to end Russian electricity imports by 2027
Kazakhstan reportedly plans to stop importing electricity from Russia by 2027 as new domestic power generation facilities come online.
Montenegro, EIB launch €250mn investment package for healthcare, railways and energy transition
China’s Goldwind inks contract for 43.5-MW wind, BESS project in Turkey
Chinese wind turbine maker Goldwind Science & Technology (SHE:002202) said on May 11 it has inked a cooperation agreement with Turkish energy company Ova Enerji for the 43.5-megawatt Cayirlar hybrid project in western Turkey.
Rosatom signals interest in Bulgarian nuclear projects
Russian state nuclear corporation Rosatom is ready to develop nuclear projects in Bulgaria, Hungary and Slovakia, CEO Alexei Likhachev said on the sidelines of talks between Russian President Vladimir Putin and Slovak Prime Minister Robert Fico.
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