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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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Serbia is investing €450mn to open new coal mines
Serbia is investing €450mn in its coal industry, with new mines to be opened from 2026, Minister of Mining and Energy Dubravka Đedović Handanović announced during a visit to the Kolubara Mining Basin on May 28.
Premier Energy shares listed on Bucharest exchange at 8.5% above IPO price
Electricity and natural gas utility company with operations in Romania and Moldova, Premier Energy (BVB: PE), controlled by Jiří Šmejc’s Emma Capital, has started trading on the Bucharest Stock Exchange (BVB) 8.5% above the IPO price.
Rosatom completes preliminary feasibility studies for small nuclear plants in Kyrgyzstan, Myanmar
Croatia's INA to splash $400mn annually on oil, gas, renewable projects
Croatia’s largest energy firm INA intends to spend $400mn annually over the next few years in upgrading its oil refinery, expanding renewables and financing upstream projects, the head of its management board, Zsuzsanna Ortutay, told Bloomberg.
EBRD working on energy assistance options to aid Ukraine through winter
The EBRD is devising strategies to provide energy assistance to Ukraine, with a primary focus on bolstering the country's energy system ahead of the coming winter.
Russian utility major InterRAO to pay 2023 dividend
The payout is 15% larger year on year, making a total of RUB34bn ($370mn) or 25% of IFRS net profit and a dividend yield of 7% to the current share price.
Korea’s Global Solar Water spearheading $2bn project to build first solar panel factory in Tajikistan
Russia to build six “mini nuke” reactors in Uzbekistan, officials announce during Putin visit
Ambition is to deliver Central Asia’s first nuclear power plant. Russian leader attempting to firm up relations with Tashkent as "strategic partner and reliable ally".
Energo: Russia to build six “mini nuke” reactors in Uzbekistan, officials announce during Putin visit
Slovenia’s Petrol completes test charging of electric buses as part of sustainable mobility drive
Slovenian energy firm Petrol said on May 27 it completed the successful test charging of two electric buses operated by Ljubljana's public transport provider, LPP.
Slovenia's April electricity output declines, imports rise
Slovenia's net electricity production in April stood at 877 GWh, down by 36% from the previous month, according to data released by the country's statistics office on May 27.
Europe’s CCS advocates call for EC to appoint carbon capture envoy
Many European Union members have yet to take concrete steps to outline their future actions to remove CO2 from the atmosphere and store it away. Without someone to push CCS projects along, targets for carbon removal could be missed.
Turkish energy minister discussed projects in fields including nuclear during China visit
Saraorci solar power plant begins operations in Serbia
The largest solar power plant in Serbia, located in Saraorci near Smederevo, has commenced operations, German investor AVR Group announced on May 24.
Lithuania aims to produce enough electricity for its needs by 2050
Energy Minister Dainius Kreivys called the National Energy Independence Strategy key for the energy sector and one of the strategic documents for the whole country.
Romania cautiously willing to join Serbia in building new Danube hydropower plant
Romania confirmed that the country could join Serbia as an equal partner in the project for a third hydropower plant on the Danube, but it denied that a joint team for the project was set up and highlighted the environment and navigability aspects.
Romania’s commodity exchange integrates into SIDC coupled intraday electricity market
Romania’s Commodity Exchange (BRM) announced that on May 22 it operationalised the intraday trading market, coupled with the European system SIDC (Single Intraday Coupling) and the first deals have already been closed.
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