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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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EBRD not an investor in Hidroelectrica’s "landmark" IPO
The European Bank for Reconstruction and Development (EBRD) has confirmed that it did not invest in Hidroelectrica's IPO because its strategy targets companies that use financing from listing offers for development, as opposed to exits.
New Slovak NPP bloc is at 75% of full output
Estonian firm KC Energy to obtain 13 solar parks
Heatwave forces Paks nuclear power to curb output
EU carbon tax could shave 0.2% off Russian GDP
The entry into force of the EU Carbon Border Adjustment Mechanism (CBAM) may lead to a 0.17% drop in Russian GDP, according to the estimates of NIFI Centre for Macroeconomic Research cited by Kommersant daily.
HEP surplus gas sale situation to be resolved, says Croatian PM
Croatian Prime Minister Andrej Plenkovic confirmed on July 13 that the issue of HEP power utility's surplus gas sale will be “fully addressed”, with necessary decisions taken if required.
Kyrgyzstan asks Turkey to consider exchanging state debt owed by Bishkek for green energy project participations
Lithuania's Ignitis Group will not lodge bid for second 700 MW Baltic Sea wind farm tender
Ignitis, Ocean Winds provisional winners of Lithuanian offshore wind tender
Ignitis Renewables and Ocean Winds submitted the highest development fee at the tender for the 700-MW Lithuanian offshore wind project. They are expected to be announced provisional winners.
Permitting starts for offshore wind transmission in Black Sea
Black Sea Oil & Gas and its Midia Gas Development Project partners, Petro Ventures Resources and Gas Plus Dacia, have started the permitting process for a power corridor to connect future offshore wind farms to the Transelectrica national power grid.
Kazakhstan restarts idle wells after blackout
Kazakhstan's state-run oil and gas producer, KazMunayGaz, along with regional producers, is restarting thousands of idle wells following a blackout that affected the Mangistau and Atyrau oil provinces in the western part of the country.
OMV Petrom reports subdued operations in Q2
Romania’s major oil and gas company OMV Petrom reports in a trading update that its power generation unit has not operated in Q2, while the refinery utilisation rate plunged to 31% and the extraction operations have diminished as well.
Croatian HEP saves €370.6mn on gas purchases with regulated prices
Croatia's national power company, HEP, saved €370.6mn by purchasing gas at a regulated price set by the government, Jutarnji List reported on July 11.
Bosnia’s Solar Park-Livno to build Nase Sunce solar plant
Bosnia & Herzegovina’s private company Solar Park-Livno will build the Nase Sunce solar farm in the town of Livno, after being granted a concession contract by the local authorities.
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