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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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Poland’s power giant PGE reports €1.3bn net loss in Q4
Poland's largest power utility, state-controlled PGE, reported a consolidated net loss of PLN5.9bn (€1.3bn) for the fourth quarter of 2024, narrowing from a PLN8bn deficit in the same period the previous year.
Romania braces for Easter electricity oversupply driven by prosumers and renewables
If Easter Sunday is sunny, Romania will experience very high production of solar energy and extremely low electricity consumption.
OMV Petrom and CE Oltenia to build 550 MW solar parks on former coal sites in Romania
OMV Petrom and the CEO group will build solar parks with a combined capacity of 550 MW on the site of former coal mines in Romania.
Sahara Group signs 20-year deal with Amigo LNG for Mexican exports
International energy and infrastructure giant Sahara Group has signed a 20-year LNG Sales and Purchase Agreement with Amigo LNG S.A. de C.V., the Mexican arm of Singapore-based LNG Alliance, the company announced in a press release on April 16.
Raiffeisen Bank Ukraine joins EBRD-backed energy security initiative with €100mn facility
Kosovo’s gross available electricity jumps 17% y/y in February
Kosovo’s gross available electricity in February increased by an annual 17% to 776.6 GWh, data from the country’s statistics institute showed on April 15.
Czech Republic’s CEZ signs contract with Kazatomprom on long-term uranium supply
CEZ Group, the Czech Republic’s state-controlled electricity utility, announced on April 16 the signing of a contract with Kazatomprom, Kazakhstan’s state-owned uranium producer, for the long-term supply of natural uranium.
Tusk backs economic nationalism, urges cheap energy over profits
Tusk also called for domestic energy firms to prioritise affordable electricity ahead of profitability – a statement that triggered a sharp sell-off in state-controlled energy stocks.
Tusk pledges €12bn to Polish firms for first nuclear project
Polish companies will make €12.4bn for their role in building the country’s first nuclear power plant, Prime Minister Donald Tusk said on April 15.
Czech energy utility ČEZ adds Kazakh Kazatomprom to its uranium suppliers
Majority state-owned energy utility ČEZ added Kazakh National Atomic Company Kazatomporom JSC (Kazatomprom) to its natural uranium suppliers after it signed a seven-year deal with Kazatomprom on April 15.
Alcazar Energy and IFC deepen partnership with landmark wind project in North Macedonia
Alcazar Energy Partners has signed a new agreement with the International Finance Corporation (IFC) to support the development of the Stip Wind Farm, set to become North Macedonia’s largest wind power project.
Albania opens largest solar plant in the Western Balkans
Russian Railways coal shipments disrupted
Russian Railways (RZD) has reported a sharp 30% gap between contracted and actual coal shipments in the westerly direction since late January, against just a 2% gap in 1Q24, according to Kommersant daily citing deputy CEO of RZD Mikhail Glazkov.
Russia to require 31 GW of gas turbine capacity by 2042, energy ministry estimates
Russia will require 31 GW of gas turbine capacity – or 258 units – by 2042 to meet growing electricity demand and replace ageing infrastructure.
Managing methane emissions in the Trump era: interview
Beyond an earnest desire to minimise the environmental impact of operations, it also pays for investors to take the issue seriously, Clayton Nash, the director of emissions solutions at Colorado-based Tegre, tells Newsbase.
Czech EP Group Energy of oligarch Křetínský announces revenue of €34.5bn in 2024
The energy segment of the Czech EP Group of energy and media oligarch Daniel Křetínský announced a pro-forma unaudited revenue of €34.5bn and a pro-forma Ebitda of €5.5bn in 2024.
Uzbekistan generates 2bn kWh from solar and wind since start of 2025
Uzbekistan has generated 2bn kilowatt-hours (kWh) of electricity from solar and wind sources since the start of 2025, according to official data released on April 12.
US strikes mineral deals with Uzbekistan – Tashkent report
Nuclear energy cooperation also in play.
Tajikistan: Rogun Dam project going under microscope
World Bank’s financing role facing scrutiny.
Kazakhstan pitches uranium supply deal to support Turkey’s nuclear ambitions
Kazakhstan has proposed a uranium mining and fuel supply agreement to bolster Turkey’s rapidly expanding nuclear energy programme, Kursiv.media reported, citing CEO of the Chemical Engineering Design Bureau Baurzhan Duisebayev.
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