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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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Kazakh court sentences anti-nuclear activists to restricted freedom
The Almaly District Court in Almaty on August 26 sentenced five activists detained ahead of last year's Kazakhstan nuclear power plant referendum to four years of restricted freedom and barred them from social and political activity for five years.
World Bank seems to be having second thoughts about Tajikistan’s Rogun Dam
Ball now in Dushanbe’s court to justify high cost.
Turkey’s Aktifbank extends $20mn loan to Fortis Energy for solar investments in Serbia and Albania
Aktif Yatirim Bankasi (Aktif Investment Bank/Aktifbank) has extended a $20mn loan to Fortis Energy for solar power plant investments in Serbia and Albania, according to a press release from the Turkish lender.
Kazakh court expels journalists from trial of nuclear plant activists
Journalists were expelled from a trial in Almaty where five civic activists are facing charges of attempting to organise mass unrest ahead of the nuclear plant referendum that took place in Kazakhstan last year, Radio Azattyq reported on August 25.
Mongolia’s Erdenes Tavan Tolgoi improves coal export performance under special regime imposed by government
Coal exports of Mongolia’s Erdenes Tavan Tolgoi JSC have improved since the government imposed a special regime on the company, according to a report from official state news agency Montsame.
Qatar’s QFFD awards $50mn soft loan to Tajikistan’s Rogun hydro megaproject
Qatar Fund for Development (QFFD) on August 24 announced that it will extend a soft loan of QAR 182mn ($50m) to help finance the 3,780-MW Rogun hydropower plant (HPP) megaproject in Tajikistan.
Montenegrin prosecutors open case against ex-PM Djukanovic over hydropower concession
Turkey’s Akfen reaches 802 MW of renewable power capacity
Turkish renewables company Akfen Yenilenebilir Enerji has announced that the total installed capacity of its renewable power plants has reached 802 megawatts, following the completion of the first phase of the Denizli Wind Power Plant expansion.
Russian gas major Novatek to pay 2024 and 1H25 dividend
The board of Russian natural gas major Novatek recommended an interim dividend of RUB35.5 per ordinary share for 1H25, according to the announcement of the company.
Gas deal with Russia via Azerbaijan almost done, price still sticking point, envoy says
Iran’s ambassador to Moscow said that talks with Russia’s energy giant Gazprom over transferring pipeline natural gas were making headway, with “almost all issues resolved,” though the price tag remained a stumbling block.
Slovak Minister of Foreign Affairs Blanár steps up criticism of Ukraine in response to Druzhba oil flow halts
Slovak populist Blanár criticises Ukraine after the Slovak government assured the public that the halt of Russian Druzhba oil flow does not pose a risk to Slovakia.
Kazatomprom to cut uranium production by 10% in 2026
Kazakhstan’s national atomic company Kazatomprom said it will reduce uranium output by about 10% in 2026, citing an insufficient supply-demand balance and limited uncovered demand in the global market.
Romania opens new CfD auction to attract more wind farm investors
Romania’s Ministry of Energy has launched a call for additional wind farm projects under the country’s contract for difference (CfD) scheme after the most recent auction approved only 1.26 GW of capacity out of a planned 2 GW.
Slovak government expects Druzhba oil pipeline flow to restart by August 25 after another halt
Slovak minister of economy Sakova assured that country has oil reserves for at least 100 days
Czech branch of Polish Orlen reports a loss of CZK5bn in H1
The Czech branch of the Polish refiner incurred a loss amid high energy prices and modernisation investments
Japanese group Sojitz targets $1bn investment in Uzbekistan’s energy and infrastructure
Montenegro’s state energy firms invest €105.3mn in 2024, but miss targets
Montenegro’s state energy companies invested €105.3mn in 2024 in generation, distribution and transmission, though both the distribution and transmission operators fell short of planned targets.
Druzhba oil flow to Slovakia and Hungary is renewed
The oil flow from the Russian Druzhba pipeline was renewed late on August 19 after a Ukrainian drone attack temporarily halted flows.
CENTRAL ASIA BLOG: Might Russia be kicked out of Kazakhstan’s nuclear building programme entirely?
Of three NPP contracts made available by the Central Asian country, two have gone to China. The winner of the other one, Russian state corporation Rosatom, is, meanwhile, struggling with financing issues.
Over 60 Kazakh firms line up to join nuclear power plant project
More than 60 Kazakh companies have expressed an interest in supplying goods, services and construction work for the country’s first nuclear power plant.
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