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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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Serbian authorities arrest 15 in EPS corruption case
Ukraine needs 5.4 GW of new power generation by 2026 to prevent electricity shortages
Ukraine must install 4.3 GW of renewable energy and 1.1 GW of gas-fired power plants by 2026 to meet its immediate electricity needs.
Russia could cancel RusHydro’s dividends until 2028
Albania’s gas plans in the doldrums
Beyond providing the stable and dispatchable baseload energy supply Albania lacks, gas could also spur economic growth and industrial development, in the right conditions.
North Macedonia signs €55mn agreement with KfW for renewable energy projects
The government of North Macedonia announced on February 11 the signing of a €55mn agreement between state-run power producer ESM and Germany’s KfW development bank for the construction of two new renewable energy capacities.
International consortium partners to be added to Russian-led project to build Uzbekistan a nuclear power plant
Uzbekistan has decided to establish an international consortium for the building of its planned small nuclear power plant (SNPP), according to the head of the Atomic Energy Agency (Uzatom).
Solar panel maker Kalyon sells 11% stake via Istanbul IPO for TRY 3bn
Kalyon Gunes Teknolojileri (KLYPV), or Kalyon PV, has sold 46mn shares, amounting to a 11% stake, via a Borsa Istanbul IPO.
Output of Romania's Hidroelectrica drops 21% y/y in 2024
Romania’s state-controlled hydropower group Hidroelectrica (BVB: H2O) has reported a 21% year-on-year decline in net electricity production to 13,864 GWh in 2024, according to its preliminary operational report.
Albania partners with Israeli companies on renewable projects
Slovakia spends €4bn on state energy aid
The Slovak state spent more than €4bn on energy aid from the end of 2022 until the end of last year, a calculation by online energy news outlet Energie Portal shows. Costs include subsidising gas, electricity and heat prices.
Turkey completes tenders for 800 MW of solar
Half a billion dollars will be invested in building the plants. Sixty-seven companies placed 146 initial bids.
Poland to invest $16bn into power grid development by 2035
Poland will invest PLN65bn ($16bn) over the next decade into its electricity transmission infrastructure, Finance Minister Andrzej Domański said on February 10 at a conference hosted by the Warsaw Stock Exchange (WSE).
Baltics successfully synchronise their power grids with Western Europe
In a historical move, Lithuania, Latvia and Estonia, the three Baltic states, synchronised their power grids with Western Europe on the afternoon of February 9.
Kaliningrad becomes an energy island after Baltic States cut Russian grid connection
The Russian exclave on the Baltic Sea has become an energy island after the Baltics States cut themselves off from the Soviet-era BRELL power grid on February 8, thus becoming vulnerable to sanctions.
Hungary’s atomic energy watchdog orders partial halt of construction at Paks NPP expansion site after incident
Hungary's National Atomic Energy Authority has ordered a partial halt to construction at the Paks II nuclear power plant after a section of the southern wall of the excavation pit collapsed.
Local investors in Moldova plan two solar parks with combined capacity of 90 MWp
The Ministry of Energy in Moldova on February 7 announced that it proposed for approval two projects for the development of PV parks with capacities of 40 MWp and 50 MWp respectively.
Doosan Skoda Power stocks register growth on the first market day
Shares of the Czech-based Doosan Skoda Power nuclear supplier registered growth on their first day on the Prague stock exchange.
Poland plans to spin-off state-owned coal assets as energy transformation plans slowly gather momentum
Poland's Ministry of State Assets will present a comprehensive plan for the spin-off of coal assets from state-owned power companies to Parliament on February 13, as the government's energy transformationd plans gather pace.
The Baltics are leaving the Moscow-controlled electricity network and joining European grid
On February 8-9, the Baltic States – Lithuania, Latvia and Estonia – will disconnect from the BRELL electricity network, which still connects them to the Russian and Belarusian electricity systems and integrate with the European power grid.
MVM expects to complete E.ON takeover in Romania in June-July
Karoly Matrai, the CEO of Hungarian state-owned company MVM Group, said that he expects to get all the necessary permits for taking over the majority stake in E.ON Energie Romania in Q2 and complete the deal in June or July.
Montenegro, Serbia to soon release cross-border impact study for Buk Bijela HPP
Montenegro and Serbia should soon release a cross-border impact study for the construction of the Buk Bijela hydropower plant on the Drina River.
Mongolia set to ask China to approve rail link that could drive up coal exports
Mongolia will reportedly next week ask China to give the green light to the building of a cross-border railway link that could further strengthen an already expanding coal trade between the two countries.
Expect CASA-1000 power transmission project to start up in 2027, says Tajikistan
The launch date for the Central Asia-South Asia power transmission project (commonly known as CASA-1000) has been announced as 2027 by the Minister of Energy and Water Resources of Tajikistan Daler Juma.
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