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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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Kakhovka dam crisis triggers urgent need for aid and increased electricity imports
Ukraine needs an additional $310mn in humanitarian aid and increased electricity imports from the EU to combat the unfurling crisis caused by the destruction of the Kakhovka dam, Ukraine Business News reported on June 8.
State-owned Polish firms win offshore wind leases
State-owned Polish firms PKN Orlen and PGE Group have provisionally secured the rights to develop an additional six offshore wind farm sites in the country’s Baltic Sea waters.
Ukraine plans new $1bn hydroelectric plant to replace destroyed Kakhovka HPP
The construction of a new hydroelectric plant (HPP) to replace the destroyed Kakhovka HPP will cost $1bn according to Ukraine’s Ministry of Economy, Ukrainian Pravda reported on June 7.
Romanian hydropower giant Hidroelectrica announces imminent IPO
Upcoming IPO to be the largest in the history of Romania's capital market.
Ukraine calls for further sanctions against Russia as Kakhovka dam crisis worsens
Ukraine has called on the EU and G7 to implement a new round of sanctions against Russia following the destruction of the Kakhovka dam in occupied Kherson on June 6.
Nova Kakhovka dam destroyed, unleashing a tidal wave of flood waters into southern Ukraine
The massive Nova Kakhovka dam was destroyed in the early hours of June 6, releasing a tidal wave of flood water that quickly swamped towns and villages downstream in southern Ukraine and triggered evacuation orders by local authorities.
Hungarian PM, FM meet with Rosatom chief in Budapest
Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto met with Alexey Likhachev, the director-general of Russian nuclear energy company Rosatom, the general contractor for the construction of two new blocks at Hungary's Paks NPP, on June 5.
Armenia to build a facility for reprocessing low- and medium-level spent nuclear fuel
According to general director of the Armenian NPP Movses Vardanyan, Armenia has constructed a storage facility for SNF. However, it is intended to be temporary and will only last for the next half-century.
Europe saves €100bn from the switch to renewables due to the Ukraine war
European electricity consumers will save some €100bn on their energy bills, due to the rapid expansion of renewable energy sources caused by the Russian induced energy crisis the International Energy Agency said in a report.
Croatia’s ENNA to launch IPO, invest €1bn in green energy
Croatian investment group is already preparing a major investment cycle focused on developing renewable energy.
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