Energo - CEE/FSU Power

BP eyes late-2024 ACG gas output, invests $200mn in solar, restores Shah Deniz platform

BP Azerbaijan expects first production under the Azeri-Chirag-Gunashli (ACG) gas development project by late 2024, according to BP Azerbaijan spokesperson Tamam Bayatli.

Slovenia’s Velenje coal mine reopens two extraction sites following fatal accident

North Macedonia’s minister highlights success of domestic electricity exchange

North Macedonia's domestic electricity exchange has seen significant progress over the past two years, with 37 registered participants trading more than 1.3 terawatt hours of electricity.

Kosovo’s KOSTT enhances energy infrastructure with strategic investments

Kosovo's electricity transmission system operator, KOSTT, announced on January 27 the successful implementation of a series of strategic energy infrastructure projects, worth over €13mn.

PANNIER: Taliban’s relations with Central Asia imperilled as Trump turns off aid taps

Afghanistan pays for electricity and food imports with US development assistance. No more?

EBRD lends €35mn to Montenegro’s CEDIS for energy sector digitalisation

The European Bank for Reconstruction and Development (EBRD) said on January 27 that it is lending up to €35mn to Montenegro’s electricity distribution company CGES for digitalisation of the energy sector.

Ulaanbaatar adopts new asset class, OTC bond placement to IFC will finance 50-MW BESS

The Governor’s Office of Ulaanbaatar has issued its first OTC market bond through a private placement to the World Bank Group’s International Finance Corporation (IFC), with the funds raised to finance a 50-megawatt battery energy storage system.

Slovenia’s electricity output drops in December

Slovenia’s total net electricity generation reached 1,275 GWh in December 2024, marking a 5% decrease compared to November and a 4% decline from December 2023.

Uzbekistan boasts Central Asia’s best wind and solar energy potential, says expert

At the same time, projects face difficulties including corruption, resource management inefficiencies and climate threats such as sandstorms.

Mongolia reportedly anticipates multi-billion-dollar green hydrogen, renewable energy agreements with Saudi Arabia

Mongolia reportedly expects to ink several billion dollars’ worth of green hydrogen and renewable energy agreements with Saudi Arabia in coming months.

Kosovo’s KEK launches major rehabilitation project for Kosovo A thermal power plant

The Kosovo Energy Corporation (KEK) has launched the tender for the first phase of the upgrade of unit A3 at the Kosovo A thermal power plant.

Ukraine offers coal and experts to settle Transnistria’s energy crisis without Russia

If Ukraine solves the energy crisis in Moldova, it would thwart Russian efforts to exploit the crisis to pursue its political interests in Moldova.

NLB partners with MK Fintel Wind to expand Kosava wind farm in Serbia

Slovenia’s NLB Group and its subsidiary, NLB Komercijalna banka, have signed an agreement with MK Fintel Wind to finance the expansion of the Kosava wind farm in Serbia,

Ukraine’s DTEK ready to expand in Moldova

Ukraine’s DTEK energy holding is ready to help Moldova ensure its energy stability, said its CEO Maksym Timchenko following a meeting with Moldovan Prime Minister Dorin Recean on the sidelines of the World Economic Forum.

North Macedonia’s gross power generation down 4.5% y/y in November

North Macedonia’s gross electricity generation fell by an annual 4.5% to 541.4 GWh in November, with domestic production accounting for 82.3% of the country’s gross domestic consumption.

Wind energy projects of combined 942-MW output await EIA approvals in Slovakia

Istanbul-listed canned food maker Tat to invest $1mn in 2-MW solar plant

NLB Group to finance expansion of Kosava wind farm in Serbia

NLB Komercijalna Banka and its parent company, Slovenia's NLB Group, have secured a financing agreement with MK Fintel Wind to expand the Kosava wind farm in northeastern Serbia.

DTEK invests €450M in Eastern Europe’s largest wind farm project since 2013

Ukrainian energy company DTEK is investing €450mn to expand the Tyligulska Wind Power Plant, marking the largest private investment in Ukraine since the Russian invasion began.

Ukraine sees record electricity imports amid energy infrastructure challenges

Ukraine imported nearly 4.5mn megawatt-hours (MWh) of electricity last year, marking the highest level in 11 years.

Consortium of Lorinc Meszaros wins first CCGT power plant tender in Hungary

The consortium led by Status KPRIA, a company owned by Lorinc Meszaros, has won the first tender to build a combined-cycle gas turbine power plant. The consortium offered to construct the new plant, at Visonta, northern Hungary, for €14.7mn.

Kosovo's Ferizaj 3 power substation becomes operational

Kosovo’s Ministry of Economy announced on January 23 that the new Ferizaj 3 power substation has officially begun operations, marking a significant step towards improving the region's power supply.

Dutch firm Vitol dominates auction for electricity from Slovenia's Sostanj power plant

At a public auction held on January 9 for the sale of electricity produced at Slovenia’s Sostanj thermal power plant (TES), the Dutch company Vitol Gas and Power emerged as the largest buyer.

Russian coal industry could normalise in 2027

The ongoing coal industry crisis in Russia and globally will continue until at least 2027, while the problems of Russian miners are multiplied by risks of access to foreign markets and logistical constraints.

Poland's PGE eyes acquisition of ZE PAK gas power project and nuclear stake

Poland's largest listed utility, the state-controlled PGE, reached a preliminary agreement to acquire the PAK CCGT gas-fired power plant project from ZE PAK, another listed utility.