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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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Call made for boycott of Turkey’s Zorlu Holding, operator of power plants in Israel
Hungary’s utility giant to pay €810mn advanced dividend to state
Hungarian state utility giant MVM announced on November 27 that it is making an advanced dividend payment of HUF309bn (€810mn) to its sole shareholder, the state at the expense of this year's profit, boosted by successful foreign operation.
Uzbekistan’s president launches two energy projects with participation of ACWA Power
Slovenia’s HSE says situation under control after cyber attack
Zagreb Power Plant set up Block L's gas turbine ignition
North Macedonia invites investments in PV plants to transform free industrial zones
Poland’s renewable energy company Polenergia reports net profit in Q3
Warsaw-listed Polish renewable energy company Polenergia posted an adjusted net profit of PLN43.9mn (€10mn) in the third quarter, a changeover from a net loss of PLN11.3mn in Q3 2022, the company said in a market filing.
Mongolia announces record-breaking 60mn tonnes of coal exports
Mongolia has already exported a record-breaking 60mn tonnes of coal this year, local media reported on November 24, citing data from the National Committee for the Revival of Border Ports.
Ukraine targeted with 75 Russian drones in biggest attack ever
Ukraine was struck by an attack of 75 drones on the night of November 24, the biggest single attack ever, but air defences managed to shoot down 71, Kyiv reports.
Romania slashed one fifth of coal use in less than two years
High prices depressed domestic demand for electricity, allowing Romania to cut the amount of coal burnt in power plants.
Albania's electricity production rose by 17.5% y/y in 3Q23
Montenegro’s EPCG, Polish Respect Energy sign agreement on joint renewables projects
Ukraine suffering from energy ‘deficit’ as winter temperatures begin to see demand surge
Ukraine is grappling with a severe energy crisis, with the country’s grid operator Ukrenergo reporting on November 23 that it is unable to generate sufficient electricity to meet the surging demand for heating.
Gotion InoBat Batteries JV to build gigafactory in Slovakia
Chinese-Slovak joint venture to build 20 GWh battery plant that will employ 1,500.
Saudi Arabia's ACWA wins another wind power plant construction tender in Uzbekistan
Hungary bows to pressure from EU to relax tight rules on wind farms
Previous rules made it virtually impossible for developers to set up wind turbines anywhere in the country.
Nordex Group secured 56-MW wind farm order in Croatia
Moldova’s foreign trade returning to normal after energy price shock
Moldova’s foreign trade was severely impacted by the political conflict with Russia, which abandoned preferential prices starting in Q4 2021.
Azerbaijan plans to increase the share of renewable energy sources in the power system capacity to 33% by 2028
Azerbaijan plans to commission 1,870 MW of green energy capacity by 2028, which will result in the share of renewable energy sources in the energy sector reaching 33%, Deputy Energy Minister Samir Valiyev said on 22 November.
ENERGO: Uranium moves past the $80-per-pound mark, a level not seen in over 15 years
Uranium moves past the $80-per-pound mark, a level not seen in over 15 years
Uranium prices have surged past the $80-per-pound mark, for the first time in over 15 years.
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