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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.
We have interviewed leading industry figures and analysts, providing a unique and exclusive insight into the stories that matter.
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Ukraine, allies invest in restoring war-damaged energy infrastructure
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
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
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
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
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
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.
Kazakhstan to allocate $10bn-12bn for nuclear power plant construction pending referendum approval
Emergency measures in Ukraine’s energy sector cast doubt on surviving through winter
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
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
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.
Energo: Ukrainian PM says energy situation ‘extremely difficult,’ revises lost capacity estimate to 9 GW
Ukrainian PM says energy situation ‘extremely difficult,’ revises lost capacity estimate to 9 GW
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
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
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
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
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
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
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
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
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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