Energo - CEE/FSU Power

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Power

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Overview

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. 

We have interviewed leading industry figures and analysts, providing a unique and exclusive insight into the stories that matter.

Energo customers comprise of; major power companies, investment banks, consultancies, government agencies, law firms, accountancies, academics and economists. Its scope covers news and intelligence, broken down by geographic area to include Central Europe, Balkans, Baltics, Eastern Europe, the Caucasus and Central Asia.

Energo is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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North Macedonia plans state ownership for Cebren hydropower project

8 June 2025

North Macedonia’s planned Cebren hydropower plant (HPP) should be a fully state-owned project, according to Energy Minister Sanja Bozinovska, who stressed the strategic importance of the facility for the country’s energy future.

Slovenia launches €64.5mn tender to boost solar and wind energy projects

8 June 2025

Slovenia’s Ministry of the Environment, Climate and Energy has launched a public call worth €64.5mn to co-finance investments in new solar and wind power plants between 2025 and 2029.

Moldova secures €400mn EBRD loan to bolster energy security

6 June 2025

State energy trader Energocom will receive a €400mn ($434mn) loan from the European Bank for Reconstruction and Development to finance the purchase of natural gas and electricity.

Global energy investment to reach a record $3.3 trillion in 2025, but problems with grids remain – IEA

5 June 2025

Global energy investment is projected to reach a record $3.3 trillion in 2025, despite continued economic uncertainty and heightened geopolitical risks, according to the International Energy Agency.

SOCAR: Energy grids' limits remain top challenge for renewables integration

5 June 2025

SOCAR: Energy grids' limits remain top challenge for renewables integration

Cornerstone laid for Kyrgyzstan’s first wind power plant

4 June 2025

The cornerstone for what will be Kyrgyzstan’s first wind power plant has been laid, the Ministry of Water Resources, Agriculture and Processing Industry said on June 4.

Bulgaria expects to sign deal on two new units at Kozloduy NPP by end-2026

4 June 2025

Bulgaria expects to sign a final contract for the construction of two new units of its Kozloduy nuclear power plant by the end of 2026, after determining the value of the project, Energy Minister Zhecho Stankov said on June 4.

Protective measures considered early in EstLink 3 subsea cable project

4 June 2025

Protective measures are already being integrated into the planning of the EstLink 3 submarine electricity cable, which will connect Finland and Estonia, amid more concerns about the vulnerability of critical undersea infrastructure in the Baltic Sea.

Czech Supreme Court lifts blocking of Dukovany nuclear contract

4 June 2025

The Czech Supreme Administrative Court has lifted the blocking of the contract between the South Korea Hydro & Nuclear Power and the Czech side for the major €16bn Dukovany nuclear power plant enhancement.

Central Asian states are sharing water resources

4 June 2025

Hydropower is part of the equation.

Uzbekistan generates monthly record 1.1bn kWh from solar and wind in May, equals 17% of power output

4 June 2025

Uzbekistan generated a record 1.104 bn kWh of electricity from solar and wind in May, making up 17% of the country’s power output for the month.

Turkish firm Egesa Enerji to build two solar power plants in Serbia

3 June 2025

Turkish renewable energy company Egesa Enerji will construct two solar power plants with a combined capacity of 8.6 MW in Serbia’s northern province of Vojvodina, as the Balkan country moves to boost its renewable energy output.

Kazakhstan may seek new investor as Russia delays financing for CHP projects

3 June 2025

Kazakhstan may consider alternative investment partners for the construction of three combined heat and power (CHP) plants after delays by Russia in securing concessional export financing for the delivery of equipment, Kursiv has reported.

Russian utility major InterRAO ups revenue 13% in 1Q25

3 June 2025

Russian state utility major InterRAO reported IFRS revenue increase of 12.6% year on year to RUB441bn ($4.96bn) in 1Q25, while EBITDA climbed 11.5% y/y to RUB54.6bn ($614mn), according to financial results published by the group.

Bulgaria’s Anti-Corruption Fund reveals massive secret energy cartel

2 June 2025

NGO’s investigation finds cartel comprising over 150 companies with turnover of €2.6bn owned by controversial businessman Hristo Kovachki.

China offers Kazakhstan $5.5bn nuclear plant deal, slashing cost estimates

2 June 2025

China National Nuclear Corporation (CNNC) has proposed constructing two nuclear power plant (NPP) units in Kazakhstan with a total capacity of 2.4 gigawatts for $5.47bn, nearly halving the previously projected cost of the project.

Kosovo Chamber of Commerce sues over abrupt electricity market liberalisation

2 June 2025

Lawsuit follows protest by businesspeople demanding a transition period before full liberalisation.

Gas and power infrastructure expanding across Karabakh amid green transition push

1 June 2025

Gas and power infrastructure expanding across Karabakh amid green transition push

Russian grid operator RosSeti plans investment restructuring

1 June 2025

As followed by bne IntelliNews, financially distressed RosSeti has recently stepped up its lobbying to boost revenues, such as getting involved in cryptocurrency mining, or regulating industrial consumers’ tariffs.

Russian hydropower major RusHydro posts profit growth in 1Q25

1 June 2025

Russian state hydropower major RusHydro posted 12% year-on-year increase in revenues to RUB194bn ($2.16bn) in 1Q25 under IFRS, with a 28% y/y increase in EBITDA to RUB52.8bn ($588mn) and net profit increase of 14% y/y to RUB18.9bn ($210mn).

Russia's Inter RAO rules out switching power stations to run on coal instead of gas

1 June 2025

Andrei Kiselev, a member of Inter RAO’s board, said the company’s strategy was in fact geared towards expanding the share of gas in its fuel mix.

Ukraine restores power capacity but remains dependent on electricity imports

1 June 2025

Ukraine has restored up to 5GW of power generation capacity since 2022 but continues to rely heavily on electricity imports to maintain energy system stability.

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