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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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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.
ProCredit Kosovo inaugurates 3-MWp solar power plant
ProCredit Bank Pristina, a Kosovo unit of the Germany banking group, has opened on July 10 its 3-MWp photovoltaic plant as a significant step towards sustainable development.
Indonesian minister targets Germany, Poland for criticism on coal imports
Indonesia’s Chief Investment Affairs Minister Luhut Binsar Pandjaitan, speaking at an event recently, lashed out at Western nations, in particular Germany and Poland, in addition to wider attitudes towards coal use.
Turkey plans to invest $200bn in energy to reduce foreign dependency
Turkey plans to invest up to $200bn in energy projects by 2035 to reduce the country’s dependency on foreign resources, new Energy Minister Alparslan Bayraktar has said.
Ukraine interested in LNG transportation via Bulgaria, joint renewable energy projects
Ukraine is interested in the transportation of liquefied natural gas via Bulgaria and its storage at the Chiren facility, as well as in joint renewable energy projects with Bulgaria.
Bosnia, Montenegro set up joint body to decide on Buk Bijela HPP construction
Montenegro and Bosnia & Herzegovina have set up a joint working group to resolve issues related to the launch of construction of the Buk Bijela hydropower plant on the Drina River.
Turkey hikes wholesale electricity price ceiling by 4%
Turkey’s energy watchdog EPDK has hiked the price ceiling on the Day Ahead Market at Energy Exchange Istanbul (EPIAS) to TRY2,700/MWh from TRY2,600/MWh, effective as of July 1, the authority said on July 3.
Croatian government ends HEP's obligation to purchase gas from INA
The government had previously implemented a decree in September 2022 that obligated HEP to purchase gas on the domestic market to address disruptions in gas supplies.
Russian generation companies could pay $275mn in windfall tax
The Russian power generation sector will have to pay an aggregate RUB25bn ($275mn) in the so-called “windfall tax”, Kommersant daily calculated.
Kakhovka HPP disaster drained 80% of dam's water supply and destroyed ecosystems
The explosion at the Kakhovka hydroelectric power plant drained 10 cubic kilometres of water, equating to 80% of the dam headwaters, Ukraine Business News reported on July 6.
Wind farm to start operation in Serbia’s South Banat by early 2025
A new wind farm in Serbia’s region of South Banat is planned to be connected to the electricity grid by early 2025.
Threat of nuclear catastrophe at ZNPP "gradually decreasing" but IAEA stresses urgent need for full inspection
The International Atomic Energy Agency inspected part of the Zaporizhzhia nuclear power plant following warnings from Kyiv that Russian troops had placed explosives on the roofs of power units.
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