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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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Ukraine faces potential summer electricity shortage, utility executive warns
Ukraine may confront an electricity shortage this summer due to significant damage inflicted on numerous power generation facilities.
Ukraine plans record electricity imports amid power outages
Ukraine imported a record volume of electricity on March 26, aiming to bring in 18,649 MWh since the start of the year, according to a statement from Ukrenergo, the country's national energy company.
Profits of Czech EPH’s infrastructure unit dropped by 15% y/y to €1.22bn
EPIF has, in the past, made profits by transporting Russian gas to Central Europe. EPIF stated that “the gas transmission segment’s performance in 2023 was adversely impacted by one-off risk mitigation measures”.
Slovenian tie-up led by Riko awarded contract for Krsko nuclear waste repository construction
Moody’s assigns negative outlook to Czech CEZ after Gasnet takeover
The Gasnet acquisition comes amid the efforts of the Czech state to gain a stronger footing in the energy infrastructure and diversification from its dependency on Russian energy supplies.
Ukraine's energy infrastructure devastated by Russian attacks, recovery prospects grim
Ukraine's energy sector faces a protracted period of recovery after sustaining extensive damage from recent Russian attacks, with major energy companies grappling with significant disruptions to operations.
Russia, Ukraine trade attacks on energy infrastructure
While Russia launches missile after missile at Ukrainian energy infrastructure, Ukraine is maintaining its drone campaign against Russian refineries.
Azerbaijan aims to speed up implementation of past goals at COP29
Azerbaijan, as the host of the upcoming UN COP29 climate summit, wants to focus on speeding up the implementation of goals set at the previous COP28 event in Dubai.
Hungarian foreign minister presses for removing 'ideology' from energy deals with Russia
Kazatomprom records 43% y/y revenue growth in 2023
Serbia's President Vucic reportedly plans to end moratorium on nuclear power plants
President Aleksandar Vucic of Serbia has announced plans to lift the moratorium on the construction of nuclear power plants, citing the pressing need to meet the country's escalating energy demands.
Years needed to restore Dniprovska Hydroelectric Power Plant after missile attack
The extent of the damage inflicted on the Dniprovska Hydroelectric Power Plant by a recent missile attack is severe, requiring years to fully restore the facility to its previous state, with Ukraine losing 1,000 MW of manoeuvrable power.
Why are the bonds of Ukrainian power company Ukrenergo trading at a premium to the sovereign bonds?
Bonds of Ukrenergo, the Ukrainian state-owned power company, have surged in the last month after an announcement that a bondholder group had formed for the company, which now trades at a premium to the sovereign bonds, the FT reported on March 25.
Russian banks may finance construction of small nuclear power plant in Kyrgyzstan, says official
Slovenia’s net power production down 7% m/m in February
Belarus’ Russian-built nuclear power plant provides just over 28% of the country's power needs
Belarus’ Russian-built Ostrovets (aka Astravets in Lithuanian) nuclear power plant has generated more than 27bn kWh of electricity since it came on line three years ago and is providing more than 28% of the country’s total energy output.
Albania directed €13.4mn to the energy sector in 2023
The Ministry of Infrastructure and Energy noted that the majority of these funds, accounting for at least 64.5% of the total committed, were sourced from foreign capital.
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