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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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Diplomatic progress prompts cautious resumption of Hormuz transit
The tentative reopening of the Strait of Hormuz has allowed critical LNG and crude tankers to resume transit amid progressing US-Iran diplomatic negotiations.
Ukraine launches 1.3 GW power generation tender as rebuilding of destroyed plant continues
Ukraine has announced a competition to build more than 1.3 gigawatts of new power generation capacity in regions hardest hit by electricity shortages.
Kazakhstan plans gas and renewable energy mix for Alatau City
Kazakhstan plans to supply the future Alatau City near Almaty with electricity generated from a combination of gas-fired power plants and renewable energy sources.
Hungary in talks to buy 1bn cubic metres of Romanian Black Sea gas annually
Hungary's new government is expected to decide within weeks on a contract to buy 1bn cubic metres of gas annually from Romania's Neptun Deep Black Sea field, Index has reported, citing informed sources.
Kazakhstan targets $4.5bn in local content in construction of nuclear plants
Kazakhstan plans to increase domestic participation in the provision of goods, equipment and services in the construction of its planned nuclear power plants to 30%, The Astana Times reported on May 21.
Construction of waste-to-energy plant to begin in Almaty
Kazakhstan will begin construction of a waste-to-energy plant in Almaty on May 29 following the signing of an investment agreement with China’s Hunan Junxin Environmental Protection.
Czech coal baron Tykac acquires US oil wells
EBRD lends €70mn to Slovenia’s NGEN for battery storage projects
The financing, supported by the EU’s InvestEU Fund de-risking framework, will fund five large-scale battery energy storage systems (BESS) in Latvia, Poland, Romania and Slovenia.
Russia plans to build nine fast-neutron nuclear power units by 2042
Russia plans to build nine fast-neutron nuclear power units by 2042 as part of its long-term electricity generation strategy, according to Alexander Lokshin, first deputy director-general of the state nuclear corporation Rosatom.
Slovak electricity producer SE reports rise in net profit to €979mn in 2025
The largest electricity producer in Slovakia, the power company Slovenské elektrárne (SE), reported a net profit of €979.03 last year, which is up by more than 20% year-on-year.
Kazakhstan launches first pilot project for green hydrogen production
Kazakhstan launched its first full-cycle pilot project for green hydrogen generation during the Fourth International Seminar on Hydrogen Energy held in Atyrau at the local branch of KMG Engineering, a subsidiary of KazMunayGas.
Study estimates Tajikistan could recover 10,000 tonnes of uranium ore from waste sites
Tajikistan could recover around 10,000 tonnes of uranium ore if dumps made up of the material in the north of thre country were reprocessed, according to a study.
Solar, wind surpass coal in Turkey’s electricity generation for first time
Electricity generated from solar and wind energy exceeded coal-fired power generation in Turkey for the first time in April, according to data from Energy Exchange Istanbul (Epias).
Turkish floating power plant operator Karpowership poised to assist Iraq, says report
Turkish floating power plant operator Karpowership was on May 18 poised to provide Iraq with emergency electricity supplies within days, according to a local report.
Ukraine secures financing for wartime energy storage and bioenergy projects
Ukraine has secured financing for a major energy storage facility backed by international insurance coverage, while plans are advancing for a new bioenergy complex in the country’s west, as Kyiv seeks to strengthen its energy resilience.
Poland's Polenergia Q1 EBITDA misses consensus on weaker wind, normalising prices
Poland's renewables-focused power group Polenergia reported on May 18 its estimated results for Q1 2026, with core earnings landing below market expectations due to less favourable weather conditions and a normalisation of energy prices.
Kazakhstan’s 2025 coal output up 7% y/y
TMK Energy, largest Mongolian LPG company Dashvaanjil link up for gas-to-power projects
TMK Energy (ASX:TMK) on May 18 announced in a stock market filing that it has entered into a gas-to-power memorandum of understanding (MoU) with Dashvaanjil Group, Mongolia’s largest liquefied petroleum gas (LPG) import and distributor.

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