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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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EU's General Court rules that gas, nuclear investments can be sustainable
Austria, backed by Luxembourg, argued that including gas and nuclear in the EU’s green taxonomy amounted to greenwashing and undermined efforts to direct finance towards renewables.
Russia to double its nuclear power plant fleet with 38 new reactors
Russia has announced an ambitious programme to double its nuclear power plant fleet with 38 new reactors, according to the state-owned nuclear power agency Rosatom.
Estonia’s Fermi Energia, Canada’s Aecon sign 3-year deal to advance BWRX-300 small modular reactor project
Estonian nuclear start-up Fermi Energia has signed a cooperation agreement with Canadian builder Aecon to support deployment of GE Hitachi’s BWRX-300 small modular reactor (SMR) in the country.
Turkey launches domestic nuclear reactor development call
Turkey’s Minister of Industry and Technology, Mehmet Fatih Kacir, has launched a "Domestic Nuclear Reactor Development Call".
Kosovo’s electricity consumption falls 16.9% in July
Kosovo’s electricity consumption fell sharply in July, dropping 16.9% year-on-year to 334.56 GWh, the country's statistics office said on September 16.
Hungary signs nuclear co-operation deal with China, vows to speed up Paks NPP project
Hungary deepened nuclear cooperation with China at the IAEA’s annual conference in Vienna on September 15, as Foreign Minister Péter Szijjártó also pledged to accelerate construction of two new Rosatom-built reactors at Paks.
Laramide to begin 15,000m drilling campaign at Chu-Sarysu uranium project in Kazakhstan
Laramide Resources, a uranium mine development and exploration company with assets in the UK and Australia, has announced plans to undertake 15,000 metres of drilling across multiple targets at its Chu-Sarysu Project in Kazakhstan.
Hungary spends €1.25bn on household energy subsidies in H1
Slovenia's Elektro Gorenjska completes sale of Gorenjske elektrarne to GEN Group members
Slovenia’s power distributor Elektro Gorenjska announced on September 15 that it has completed the sale of its subsidiary Gorenjske elektrarne. The buyers are GEN energija, which acquired a 22% stake, and Savske elektrarne Ljubljana (SEL), which took
Moody’s downgrades Electric Networks of Armenia to Ba3, outlook negative
Moody’s Ratings cut Electric Networks of Armenia’s long-term corporate family rating to Ba3 from Ba2 and assigned a negative outlook, citing heightened regulatory and nationalisation risks after recent legislative changes.
Kazakhstan strikes Chinese energy deals worth $1.5bn
Kazakhstan concluded more than $1.5bn worth of oil and gas projects with Chinese partners during President Kassym-Jomart Tokayev’s visit to Beijing last week.
EU’s top court strikes down on state aid for Paks II NPP, casting doubt on future of the project
Kazakhstan signs agreement with Germany’s Nukem for nuclear waste management expertise
Kazakhstan’s Atomic Energy Agency has signed a memorandum of understanding with Germany’s Nukem Technologies Engineering Services GmbH to cooperate on nuclear decommissioning and radioactive waste management, World Nuclear News reported.
Czechia to invest CZK15bn to strengthen its energy transmission system
Moldova unveils €43bn energy strategy to 2050 focused on renewables and storage
Ambitious strategy aims to strengthen energy security, reduce greenhouse gas emissions and align Moldova with European sustainability standards.
DTEK and US partner launch Ukraine’s largest energy storage complex
Ukrainian energy group DTEK, in partnership with US company Fluence, has launched the country’s largest energy storage complex, a project seen as a milestone in strengthening Ukraine’s power resilience.
Mongolia’s coal and lignite exports calculated as up 30% m/m and 8.2% y/y in August
Mongolia's coal & lignite exports, which are shipped almost entirely to China, jumped by 30.3% m/m in August to 8.52mn tonnes, Mysteel Global calculated on the basis of data from Mongolia's Customs General Administration.
Slovenia’s ELES and Hitachi Energy launch next generation control system project
Slovenian transmission system operator ELES and Hitachi Energy have launched the “Next Generation Control System” project by signing a strategic cooperation agreement to develop advanced digital solutions for transmission grid control centres.
Public consultation on Slovenia’s Krsko 2 nuclear power plant spatial plan extended
The Slovenian Ministry of Natural Resources and Spatial Planning said on September 11 it has extended the public consultation on the draft national spatial plan for the second unit of the nuclear power plant Krsko for a month, until October 30.
Kyrgyzstan building mega dam in “very dangerous place”, says Academy of Sciences head in earthquake warning
Officials deny pushing ahead with multibillion-dollar Kambarata-1 hydroelecric project with inadequate seismic surveys.
ACWA Power to build Central Asia’s first wind plant with utility-scale battery storage in Uzbekistan backed by $51mn ADB loan
The Asian Development Bank (ADB) and Saudi Arabia's ACWA Power have inked an agreed $51mn loan package that will help finance the latter as it develops Central Asia’s first wind power plant with a utility-scale battery storage system in Uzbekistan.
Kam Group signs landmark $2bn Afghanistan energy deal
Kam Group, a private Afghan company, has signed a $2bn contract with national utility Da Afghanistan Breshna Sherkat (DABS) to produce 2,000 megawatts of electricity, Tolo News reported on September 7.
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