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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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Hungary's solar capacity climbs over 6,700 MW
Demand for new solar panels surged after the government reduced utility subsidies for households in August 2022.
Romania imports electricity heavily as one nuclear reactor shuts down due to malfunction
Romania imported electricity heavily over the weekend after one of the two nuclear reactors of the Cernavoda nuclear plant operated by Nuclearelectrica was automatically disconnected from the country’s power grid.
Romania to move forward on small modular reactors programme with NuScale
Nuclearelectrica aims to build a SMR with capacity of 462MW to replace a former coal-fired thermal power plant.
Kosovo’s gross electricity output down 2.5% y/y in May
Kosovo’s gross electricity output in May declined by 2.5% y/y to 491.6 GWh, according to data from the country’s statistics institute released on July 19.
Azerbaijan, Kazakhstan and Uzbekistan taking steps toward fulfilling green energy export vision
Draft agreement outlines scope of cooperation.
PPC borrows €200mn from EBRD-led syndicate for its power distribution networks in Romania
Rețele Electrice companies, part of the PPC Group, signed on July 18 credit agreements worth RON1bn (€200mn) with the EBRD, Banca Transilvania, BCR and ING Bank Romania, as part of a syndicated financing in which the EBRD was the leader.
Heatwave sparks surge in electricity use in coal-dependent Balkans
Vicious circle as increased use of electricity for air conditioners drives demand from coal-heavy power sector.
Auto plant production and solar power construction projects launched during Japarov state visit to Uzbekistan
Baltic States notify Russia and Belarus of departure from Russian power system BRELL
The Baltic power transmission system operators on July 16 informed Russia and Belarus that they will not extend the BRELL contract and will withdraw from the Moscow-controlled post-Soviet electricity system in February 2025.
Western Balkans can skip gas and move straight to renewables, says Bankwatch
NGO CEE Bankwatch says anticipated solar and wind projects in the region are expected to generate four times more electricity over their lifetimes than prospective gas-fired power plants.
Ukraine faces prolonged blackouts amid power generation crisis
Ukrainians will have to endure regular blackouts for an extended period due to the extensive damage to the country’s power generation infrastructure and a lack of resources for swift restoration.
Turkish delegation visits Niger with country’s uranium riches reportedly high on agenda
World Bank says Western Balkans must invest $37bn to protect region from climate change impact
Region increasingly plagued by floods, drought, heatwaves and forest fires.
Record growth in renewables must be significantly topped up, says IRENA
The world risks missing the tripling renewables target pledged at COP28 in November. That is although renewables are becoming the fastest growing source of power, says the International Renewable Energy Agency.
Ukraine seeks international financing for energy projects amid $700mn cost for 1 GW of power generation
Ukraine needs international financing to address its energy crisis, as the construction of 1 GW of power generation costs $700mn. The country is looking to build 8-9 GW to meet its energy needs.
Czech solar spike slows down
There were 24,000 new photovoltaic power plants brought into operation in Czechia in the first half of this year, which is 21,200 less year on year.
Orlen Lithuania has not recovered over €8mn in losses from Inter RAO Lithuania
Orlen Lietuva, the Lithuanian subsidiary of Poland's Orlen oil group, has been unsuccessful in recovering more than €8mn in damages and interest from Inter RAO Lietuva.
Baltic States to decouple from Russia, Belarus grid by 2025
The Baltic States will completely decouple from the Moscow-controlled post-Soviet power grid by February 2025, media outlet LRT reported on July 14.
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