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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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Azerbaijan submits carbon certificate applications for small hydroelectric plants
Small hydroelectric plants located in Kalbajar and Lachin are undergoing the process of obtaining carbon certificates.
European TSO body Entso-E launches inquiry into Balkan blackout
The European transmission system operator body Entso-E has launched an inquiry into a significant blackout that impacted millions of people and businesses across four Balkan countries on June 21.
Hungary receives exemption from Russian sanctions for Paks NPP project
Hungary receives exemption for the €12bn project by Rosatom to add two 1,200 MW blocks to Hungary's only commercial nuclear power plant.
Preparations for Czechia’s new nuclear unit have already cost CZK3.5bn
Tomas Pleskac, head of the new energy division at the majority state-owned energy utility CEZ, stated on June 24 that most of the costs had arisen from the operations of the CEZ daughter company Dukovany II, its team of experts and land purchases.
Putin makes nuclear power offer to Vietnam
During the visit of President Vladimir Putin to Hanoi Russia offered to help Vietnam develop nuclear power plants, RIA Novosti reports citing Alexei Likhachev, the head of the state nuclear power agency and contractor Rosatom.
Slovakia mulls reuse of nuclear waste
S&P affirms AzerEnergy's credit rating with a stable outlook amid strong government support
International rating agency S&P Global Ratings has affirmed the long-term and short-term issuer credit ratings of Azerbaijan's energy operator AzerEnergy at BB/B with a stable outlook.
The share of "green energy" in electricity production in Azerbaijan has increased to 14%
In the first five months of this year, the share of green energy in Azerbaijan's electricity production has risen to 14%, according to information released by the Ministry of Energy in connection with World Renewable Energy Day.
Small hydro to also play big role in rejuvenating Kyrgyzstan’s worn-out power infrastructure
World Bank experts estimate republic could expand its HPP generation 25-fold.
Slovenia plans to hold referendum on Krsko NPP second unit in November
Slovenia will hold a referendum focusing on the construction of the second unit of the sole nuclear power plant Krsko, known as JEK 2 project, in November.
Czech Tesla promises €90mn factory for power storage in Romania ready by June 2025
With an eight-month delay, the construction works at the power storage devices factory developed by Czech group Tesla in Romania at Braila will begin in July and will be ready by mid-2025, stated investor’s representatives.
Ukraine's solar energy potential requires €5bn investment by 2030
Ukraine has significant potential to expand its solar energy sector, requiring nearly €5bn in investments by 2030, according to a study by Berlin Economics.
Ukrainian company to build wind farm in Croatia
Ahmetov’s DTEK Renewables International buys 126MWp PV park in Romania
DTEK Renewables International, the Dutch-registered renewables division of Ukrainian energy and utility conglomerate DTEK controlled by Rinat Ahmetov, announced that it purchased a ready-to-build PV project in Romania with a 126MWp planned capacity.
Premier Energy acquires two additional PV projects in Romania
Power and gas utility group Premier Energy announced in a note to investors that alongside Motor Oil Renewable Energy Single Member (MORE), has signed the acquisition of two new PV projects with a combined planned capacity of 86MWp in Romania.
Ukraine can only restore 7% of energy needs by winter
Ukraine is set to restore approximately 200-250 MW of its power generation capacity by winter, representing about 7.1% of the required 3.5 GW.
Azerbaijan's energy sector sees decline in production, rise in investments in early 2024
In January-May 2024, the production and services in Azerbaijan's electricity, gas and steam generation, distribution and supply sector amounted to AZN1.3313bn, reflecting a 4.1% decrease compared to the same period in 2023.
EU affirms strategic partnership with Serbia on critical raw materials
The European Commission (EC) remains committed to a strategic partnership with Serbia regarding the supply of critical raw materials, a spokesperson told the European Western Balkans (EWB) on June 18.
Serbia considers nuclear energy collaboration with France
Serbia is laying the groundwork for the implementation of a nuclear energy program in collaboration with France, according to a report by Politika on June 17.
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