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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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Bosnia’s Republika Srpska ordered to pay €46mn to Slovenian Viadukt for terminated contract
Russia's nuclear diplomacy binding emerging markets to the Kremlin
Currently, Rosatom controls approximately 70% of the world export market for the construction of nuclear power plants where emerging powers in the global south are trying to boost their energy production and turning to Moscow for nuclear power.
Russia targets 106 infrastructure sites in Ukraine
Russian forces launched attacks on 106 infrastructure facilities across nine regions in Ukraine within the past day, according to a report by the Defence Ministry's Military Media Centre issued on May 12.
Power outages gripping seven Ukrainian oblasts
Consumers in seven Ukrainian oblasts are grappling with power outages as a result of Russian bombardments and technical disruptions, the country's Energy Ministry revealed in a statement.
Ukraine’s energy crisis deepens as it turns to imports to meet demand
Amid relentless assaults on its energy infrastructure by Russian forces, Ukraine finds itself grappling with a deepening energy crisis, prompting a surge in electricity imports, but even imports won't cover the winter's demand for power.
Western Balkans urged to embrace renewable energy for district heating
Fossil fuels are still being burned in district heating networks across the Western Balkans, despite the pressing need to prepare for the transition to green energy, finds a Bankwatch report.
Renewables surpass 30% of global electricity supply
Renewable energy made up over 30% of global electricity for the first time last year, driven by a rapid surge in wind and photovoltaic solar power, according to new data from climate think-tank Ember.
Novatek to use domestic gas turbines at Arctic LNG-2
Russia’s Novatek plans to use domestically-produced gas turbines to power the Arctic LNG-2 terminal, following the failure of a Chinese supplier to provide the units on time.
Premier Energy’s IPO in Bucharest heavily oversubscribed by retail investors
Retail investors placed orders for 47mn shares of Premier Energy, during the first three days of the one-week IPO carried out by the natural gas and electricity utility company; more than six times the 7.5mn package initially earmarked
Ukraine facing funding shortage to repair power grid before winter
Foreign financial aid to Ukraine saw a sharp decline to $1.7bn in April, complicating the urgent need to restore its power grid amid Russian attacks.
WBIF grants Albania €2.6mn for floating PV plant
The Western Balkans Investment Framework (WBIF), as the EU's regional arm, has granted €2.6mn for Albania to develop a 12.9-MW floating solar photovoltaic power plant at the Vau i Dejes hydropower plant reservoir in north-western Albania.
Ukraine restricts electricity to business amid power crisis
Ukraine has announced increased restrictions on energy usage for businesses and industries as the country grapples with a significant shortage of electricity amid Russian strikes.
Serbia inks €2.7bn energy deals with Chinese firms
Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic announced on May 9 that two major deals, with a total value of around €2.7bn, were signed during Chinese President Xi Jinping’s visit to Serbia earlier this week.
Austria’s Energie AG acquires 29.4% stake in Slovenian renewable energy firm AAE Gamit
Austria's energy company Energie AG announced that it acquired 29.4% stake in AAE Gamit, a prominent wind and photovoltaic developer in Slovenia.
UK to build uranium enrichment plant to break Russian monopoly
The United Kingdom will attempt to break Russia's virtual monopoly no the production of enriched uranium used to power nuclear plants by building its own enrichment plant.
Russia attacks three thermal power plants in Ukraine, inflicting severe damage
Russia launched a devastating assault on three thermal power plants owned by Ukraine's leading private energy company, DTEK, overnight on 7-8 May, causing significant destruction.
Hidroelectrica gets environmental permit for 17ha floating PV park
Hidroelectrica (BVB: H2O) announced that it received the environmental permit for the first floating PV park in Romania, a 17ha installation to be placed on its accumulation lake of Ipotesti hydropower plant on the Olt river.
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