Energo - CEE/FSU Power

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.

Afghanistan needs to import 80% of its electricity: UNDP

Afghanistan imports around 80% of its electricity, with more than 90% of those imports coming from Central Asia and the remainder supplied by Iran, according to a United Nations Development Programme report.

Delivery of all key reactor hall equipment for Turkey’s Akkuyu nuclear power plant reportedly completed

The delivery of all key reactor hall equipment for Turkey’s first nuclear power plant (NPP), Akkuyu on the country’s southern Mediterranean coast, has been completed, a trade journal has reported.

Russian hydropower major RusHydro doubles 1Q26 profit despite rising debt burden

Kyrgyzstan would be logical participant in Central Asia-Azerbaijan Green Energy Corridor, says minister

Kyrgyzstan would be a logical participant in the planned Central Asia-Azerbaijan Green Energy Corridor, the country’s Energy Minister Taalaibek Ibrayev said on the sidelines of Baku Energy Week on June 1.

Uzbekistan scraps coal price controls and shifts to market-based system

Uzbekistan has said it will abolish state-set coal prices (effective from June 1) and shift the coal industry to market-based pricing as part of an effort to attract investment, elevate production and improve efficiency.

Montenegro lowers excise duty on unleaded gasoline until June 29

Shareholders of Prague bourse leader ČEZ greenlight company restructuring and nationalisation

ČEZ plans to move sales, distribution, trading and energy activities under a new subsidiary, while production is placed under full state control

Uzbekistan’s industrial output rises 8% y/y in Jan-April despite decline in gas, oil production

Uzbekistan's industrial enterprises produced UZS 394.7 trillion ($33bn) worth of goods in January to April, equivalent to a 7.8% y/y increase, according to the national statistical committee.

Expert urges Romania to renegotiate or reconsider strategic SMR project

Romania should, at a minimum, renegotiate the terms of its small modular reactor (SMR) project at Doicești and, if key strategic concerns cannot be addressed, consider abandoning it altogether, energy expert Cătălin Dragostin argues.

Latvia’s Latvenergo strengthens its energy export position in the Baltics

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North Macedonia extends fuel tax relief until June 15

Georgia targets crypto mining in Mestia after electricity use hits 13 times national average

Polish utility ZE PAK trims losses in Q1 2026 while speeding up brown coal phase-out

Polish power group ZE PAK has made significant strides in its pivot away from fossil fuels, announcing that it has halted continuous brown coal extraction and electricity generation as it targets a total exit from the coal business by mid-2026.

Renewables make up nearly two-thirds of Turkey’s installed power capacity

Turkey’s installed electricity capacity stood at 125,410 megawatts by the end of April, according to the Ministry of Energy and Natural Resources.

Putin visit to Kazakhstan fails to clarify nuclear power plant financing issue

Astana trying to stay in Kremlin’s favour.

Montenegro adopts €5.74bn infrastructure investment plan for 2026-2030

Poland's Orlen beats Q1 expectations on retail resilience, lowest EU fuel prices

Poland’s largest energy multi-utility Orlen reported Q1 results that beat market expectations on May 28 while offering Polish consumers the lowest fuel prices in the EU in the times of oil market volatility.

Estonian firm to invest €100mn in hybrid energy park in Latvia, partner with Rolls-Royce

Sunly has emerged as one of the Baltic region’s fastest-growing renewable energy developers, focusing on solar, wind and storage projects across the Baltics and Poland.

OA Energy Trade seeks Bosnia electricity trading licence