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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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DTEK outlines critical winter survival factors and plans to restore Ukraine's energy capacity
DTEK, Ukraine's leading energy company, has identified four critical factors essential for navigating the upcoming winter: air defences, repairs, decentralisation and imports.
Serbia sets ambitious new climate targets for 2030
The Government of Serbia has adopted a national energy and climate plan with ambitious new targets, including sourcing 45% of electricity from renewables by 2030, the Minister of Mining and Energy announced on July 25.
Romania hires US consultant Fluor Corporation for SMR nuclear project
Romanian project company RoPower Nuclear, 50% controlled and massively financed by state-controlled Nuclearelectrica, signed a $153mn (subject to revision) FEED 2 contract with Fluor Corporation for Doicesti Small Modular Reactors (SMR) project.
Premier Energy completes takeover of 80MW wind farm in Romania
The transaction by which utilities group Premier Energy (BVB: PE), controlled by Czech businessman Jiri Smejc, takes over an 80MW wind farm in Eastern Romania from Iberdrola was cleared by the Competition Council. Iberdrola exits Romania's market.
Czech power producer Decci launches largest battery storage system in the country
The project is located in the Central Bohemian region in Vranany, Melnik district, and combines 30 MW of BESS with another 22.4 MW of gas generators to provide grid balancing services to the transmission system.
EBRD grants €26.4mn loan to North Macedonia's MEPSO for electricity transmission grid enhancement
Russian hydropower major RusHydro to invest $9bn by 2028
Russian state hydropower major RusHydro plans to invest RUB800bn ($9bn) by 2028, Tass reports citing a meeting of the holding’s CEO Viktor Khmarin with Russian President Vladimir Putin.
Renewables generation to exceed coal next year for first time – IEA
The amount of electricity generated by renewables worldwide in 2025 is forecast to eclipse the amount generated by coal for the first time, says a new report by the International Energy Agency (IEA).
EU grants €100mn to Ukrenergo for energy system restoration
The EU has committed to providing Ukrenergo, Ukraine's state energy company, with a €100mn grant to aid in the restoration and protection of its energy infrastructure.
Rivneazot completes 30 MW power plant, boosts fertiliser production
Ukrainian fertiliser producer Rivneazot has announced the completion of its own 30-MW power generation plant, enabling the company to fully load its production capacities.
Kosovo’s Economy Minister discusses JETA project with MCA Kosovo representatives
Kosovo’s Economy Minister, Artane Rizvanolli, met with representatives of the Millennium Challenge Account Kosovo to discuss the JETA Project and its upcoming implementation.
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.
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