Energo - CEE/FSU Power

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Power

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Overview

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. 

We have interviewed leading industry figures and analysts, providing a unique and exclusive insight into the stories that matter.

Energo customers comprise of; major power companies, investment banks, consultancies, government agencies, law firms, accountancies, academics and economists. Its scope covers news and intelligence, broken down by geographic area to include Central Europe, Balkans, Baltics, Eastern Europe, the Caucasus and Central Asia.

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Ukraine, allies invest in restoring war-damaged energy infrastructure

11 June 2024

The Ukrainian government and businesses are collaborating to restore energy facilities destroyed by Russian attacks. The extensive damage has resulted in the loss of 50% of Ukraine's power generation capacity, Prime Minister Denys Shmyhal reported.

World Bank approves $40mn for energy transition project in Armenia

11 June 2024

The investment aims to rehabilitate power transmission substations, introduce reforms to access private financing and modernise the energy sector while promoting regional cooperation.

Ukrainian biogas leader faces operational hurdles amid raw material shortage

10 June 2024

Ukraine's leading biogas energy producer, Clear Energy, is struggling to restore operations at three of its biomass thermal power plants, which collectively generate 22 MW, due to a shortage of affordable raw materials.

Ukraine faces $11bn loss from Kakhovka HPP attack

10 June 2024

Ukraine has suffered $11bn in damages following the destruction of the Kakhovka hydroelectric power plant on June 6, 2023, in an attack it attributed to Russian forces.

Baltic energy in Kremlin's propaganda eyes

10 June 2024

The energy sector in Lithuania, Latvia and Estonia is constantly under the Kremlin's propaganda spotlight, Aidas Petrosius, head of business development at Mediaskopas said, presenting the media monitoring company's study on Russian electronic media,

Ukraine reconnects nuclear plant unit amid power crisis

10 June 2024

A 1,000-MW unit at one of Ukraine's nuclear power plants has been reconnected to the grid after planned maintenance, potentially easing the country's ongoing energy crisis.

Emergency measures in Ukraine’s energy sector cast doubt on surviving through winter

7 June 2024

Russia has destroyed over 60% of the Ukraine's energy production capacity. One official told the FT that Ukrainians should prepare for "life in the cold and the dark" this winter.

Swiss Axpo plans 300MW power storage capacities in Romania

6 June 2024

Swiss renewable energy group Axpo, owned by cantons of Switzerland and cantonal utilities, applied for a permit to develop up to the “ready to build” stage more power storage plants in Romania with a combined delivery capacity of 300MW.

Shares of Romanian grid operator Transelectrica up 7.35% after higher fees endorsed

6 June 2024

The shares of Romanian state-controlled power grid operator Transelectrica (BVB: TEL) leapt up by 7.35% on June 5, after the company announced in a note to investors that it would increase by 40% the regulated tariff charged for system services.

Ukrainian PM says energy situation ‘extremely difficult,’ revises lost capacity estimate to 9 GW

6 June 2024

Ukrainian PM Denis Shmyhal has described the country's energy situation as "extremely difficult," noting that over 9 GW of power generating capacity have been lost.

Ukraine to embrace long-term electricity savings amid rolling blackouts

6 June 2024

Ukrainian Prime Minister Denys Shmyhal has highlighted the necessity for long-term electricity savings as a consequence of the extensive damage inflicted on Ukraine's energy sector by Russian attacks amid rolling blackouts since early May.

Hungary's MVM acquires stake in Shah Deniz gasfield

6 June 2024

Acquiring a stake in this gas field "provides us with protection against significant energy price fluctuations", says Hungarian Foreign Minister Peter Szijjarto.

Serbia to boost wind power capacity 40% by end of 2024

5 June 2024

Serbia is set to increase its wind power capacity by 40% by the end of 2024, announced the Minister of Mining and Energy, Dubravka Đedović Handanović, at the Bloomberg Adria conference on business sustainability on June 5.

North Macedonia's first private wind park inaugurated

5 June 2024

The wind park Bogoslovec, the first private wind park in North Macedonia, developed by Thor Impex, has been inaugurated on June 5.

Russia destroys 9.2 GW of Ukrainian power

5 June 2024

Russia's recent missile attacks have led to the destruction of 9.2 GW of Ukrainian power generation capacity.

Slovenia’s NGEN inks contract to build €50mn battery facility in Germany

4 June 2024

Slovenia’s NGEN, a company for production of large electricity storage tanks, recently signed a contract with German power storage giant Uniper for the construction of a storage tank, worth almost €50mn.

Slovenia's HSE unveils plans for Druzmirje floating solar power plant

4 June 2024

Slovenia’ state-run power utility, HSE, has revealed on June 3 its floating solar power plant project at the Druzmirje Lake, near Sostanj in the northern part of the country.

Belarus to extend its Russian-built nuclear power station

4 June 2024

Belarus plans to expand its Russian-built Ostrovets (aka Astravets in Lithuanian) nuclear power plant, according to management of Russia’s state-owned Rosatom. The decision to build a second NPP in Belarus is a done deal.

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