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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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US halts Ukraine energy aid as Kyiv seeks alternative funding
USAID has been directed by the State Department to terminate initiatives aimed at restoring Ukraine’s energy grid.
Romania will keep providing electricity at capped price to Moldova
The government of Romania will continue to cap the price for “a large part of the electricity purchased by the Republic of Moldova” from domestic producers in Romania.
Azerbaijan’s economic growth to slow as energy transition faces policy challenges, says World Bank
The World Bank projects Azerbaijan’s GDP to grow by 2.7% in 2025, with a gradual slowdown to 2.4% in 2026, 2.3% in 2027 and 2.2% in 2028-2029.
Czech coal mining fell by 17% y/y in 2024
Czechia’s coal mining output fell by 17% year on year in 2024 amid the approaching end of coal burning in the country planned for 2033. In 2023 the output fell by 15% y/y.
AI consuming more electricity than Kyrgyzstan, conference hears
"Voracious" power appetite of algorithms risks turning humans into "energy slaves", digital forum told.
PANNIER: China’s big push into Uzbekistan
Wave of projects in energy, mining, factories and construction and water conservation. Critical minerals could be next.
PowerChina to build 300 MW wind farm near Serbian capital
The project, scheduled to be completed in the second quarter of 2026, will feature 48 turbines, making it the largest wind farm in Serbia upon its completion.
Russian hydropower holding RusHydro posts loss in 2024
Russian state hydropower holding RusHydro posted 2024 revenue growth of 12% year-on-year to RUB243bn under Russian Accounting Standards (RAS), EBITDA growth of 21% y/y to RUB137bn, but showed a net loss of RUB13.4bn in 2024.
Kazakhstan to reduce electricity imports from Russia
Kazakhstan has announced plans to reduce its electricity imports from Russia, Kazinform reported on February 27, citing Deputy Minister of Energy Sungat Yessimkhanov.
Wind energy covered mere 1% of Czech energy consumption in 2024
The share of the wind energy on European consumption increased to 20% in 2024, while the share in Czechia has stagnated in recent years, the Czech Press Agency wrote, quoting figures from the WindEurope report.
State financing of Paks NPP expansion in jeopardy after CJEU advisor sides with Austria
The European Union Court of Justice may overturn a previous ruling that upheld the European Commission’s approval of Hungary’s state aid for the expansion of the Paks nuclear power plant.
Rail link to supercharge Mongolia’s coal exports to China
Mongolian trade minister tells bne IntelliNews the mega-project is a “game-changer” due to his country’s historic reliance on trucking.
As Turkey knocks $3.5bn off energy import bill, researcher points to expansion of domestic renewables production
Turkey in 2024 curbed its energy imports to $65.59bn from $69.11bn in 2023, with the decrease amounting to 5.1%.
Serbia begins cooperation with EDF on nuclear energy development
Serbia has begun cooperation with French energy giant EDF in developing its nuclear energy capabilities, following a historic policy shift in November 2024 that lifted a moratorium on nuclear energy development.
Fortis partners with Pomega for battery storage at North Macedonia’s Oslomej solar plant
Fortis Energy, a prominent player in the renewable energy sector, signed an agreement with fellow Turkish company Pomega Enerji Depolama Teknolojileri for the installation of a 62 MW/104 MWh Battery Energy Storage System (BESS) at Oslomej plant.
Naftogaz secures Norwegian financing for gas purchases as private traders enter market
Ukraine’s state energy firm Naftogaz has secured external financing for gas imports, while private energy traders are also ramping up their involvement in the country’s energy supply.
Ukraine’s energy import costs outstrip export revenues by 44 times in 2024
Ukraine’s energy import costs in 2024 exceeded its export revenues by a factor of 44 in 2024.
Kazakhstan to integrate over 600 MW of renewable energy capacity in 2025
Kazakhstan has opened its rare earth and rare metal deposits to international competition, inviting companies from the US, the EU and China to bid for mining rights at government-held auctions, Kursiv reported on February 26, citing Kanat Sharlapaev.
Slovak government to declare Chinese JV Gotion battery plant a strategic investment
Croatia to invest €50mn in geothermal exploration
North Macedonia’s electricity exchange begins trading in euros
Uniper CEO: No contact with Russian Unipro management, sale depends on timing
German energy giant Uniper has had no contact with the management of its Russian subsidiary PJSC Unipro, CEO Michael Lewis said, as the company remains locked out of operational control of the asset.
Kazakhstan officially confirms Almaty Region site for nuclear power plant construction
Turkey’s Kazancı plans to invest €1bn in North Macedonia's energy sector
North Macedonia's Prime Minister Hristijan Mickoski says Kazancı's investment will strengthen energy independence and tackle air pollution.
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