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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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Number of Czech plug-in stations exceeds number of gas stations
The number of plug-in stations for electric vehicles in Czechia increased to 3,182 at the end of the first half of this year, the Czech Press Agency reported, quoting figures from the country’s Ministry of Industry and Trade.
Slovak populist PM Fico is reportedly to visit White House
Fico’s left-right government announced plans to launch a new nuclear tender in 2027. The new nuclear reactor would be located at the existing Jaslovské Bohunice nuclear power plant site, which already has two reactors.
Tajikistan, Uzbekistan set initial electricity price for future Rogun hydropower exports
Tajikistan and Uzbekistan have struck an agreement that means future electricity supplies from the former’s Rogun Hydropower Plant (HPP), when power packages become available, will be exported to the Uzbek market at an initial price of $0.034/kWh.
North Macedonia signs €1bn energy deal with Turkey’s Kazanci to boost energy independence
North Macedonia and Turkey’s Kazanci Holding signed a Memorandum of Understanding (MoU) on July 22 for the implementation of a €1bn strategic energy project aimed at reinforcing the country’s energy independence.
Czechia is to pay CZK422bn to South Korea's KHNP for Dukovany project and for nuclear fuel
Czechia is to pay CZK407bn (€16.5bn) to South Korea Hydro & Nuclear Power (KHNP) in the major Dukovany nuclear power plant enhancement project. The country will pay an additional CZK15bn for nuclear fuel.
Resalta acquires Statkraft's Croatian renewable energy business
Slovenia-based Resalta says it aims to support Croatia’s efforts to develop sustainable and reliable energy systems aligned with European climate goals.
Armenian government moves to seize tycoon’s energy firm
On Friday, July 18, the Armenian government took a major step towards seizing Electric Networks of Armenia, the country’s national electricity distributor, by appointing an interim manager.
Brussels proposes €678mn for Lithuania’s Ignalina NPP decommissioning during 2028-2034
The European Commission proposed setting aside €678mn in its upcoming long-term budget to support the dismantling of Lithuania’s Ignalina Nuclear Power Plant, the Energy Ministry announced.
Delegation of Vietnam’s ROX Group visits Kyrgyzstan to discuss progress on delivery of 1.9-GW solar power plant
The building of a 1.9-gigawatt solar power plant was top of the agenda as representatives of Vietnam-based international investment group ROX Group visited Kyrgyzstan.
Czech energy utility ČEZ and UK’s Rolls-Royce sign agreement to build first SMR
The majority state-owned energy utility ČEZ and the United Kingdom’s Rolls-Royce SMR have signed an agreement to begin preparatory works to build the first small modular nuclear reactor in Czechia.
Kazakh activists face trial over nuclear referendum protests
Five activists in Kazakhstan have gone on trial for allegedly planning to incite unrest around the country’s 2024 referendum on nuclear energy, amid ongoing concerns from rights groups over the criminalisation of dissent.
Five consortia apply to rehabilitate unit A3 at Kosovo A power plant
The Kosovo Energy Corporation (KEK) received five applications from international and local consortia for the pre-qualification phase of the project for the rehabilitation and modernisation of unit 3 at the Kosovo A thermal power plant.
Hungary’s MVM acquires majority stakes in two Serbian energy firms
Hungarian state-owned utility MVM Group has signed an agreement with Serbia’s Maneks Group to raise its stakes in two Serbian energy infrastructure companies to 60%.
Slovenia’s GEN-I sees 30% drop in 2024 revenue, but profit surges 45% to €36mn
Slovenian 100% state-owned energy trader GEN-I reported on July 16 that its net sales revenue declined by 30% year-on-year to just over €2bn in 2024, despite a sharp rise in profitability.
Russian Atomenergoprom places US dollar bonds
Bulgaria inks strategic partnership with US Citi for construction of two new nuclear units
Bulgaria signed a strategic partnership agreement with US Citi Bank on the financing of the construction of units 7 and 8 at the Kozloduy nuclear power plant, the Ministry of Energy said in a statement on July 16.
Slovenia to submit Velenje coal mine closure bill after summer recess
Slovenia's government has agreed to submit a bill on the gradual closure of the Velenje coal mine to the Parliament following the summer holidays, the Ministry of Natural Resources and Spatial Planning said on July 16.
Kosovo’s gross available electricity down 1.1% y/y in May
Kosovo’s gross available electricity in May fell by an annual 1.1% to 486 GWh, after rising by 8.6% in April.
Alcazar Energy launches $500mn wind park project in North Macedonia
Renewable energy company Alcazar Energy has officially launched construction of a $500mn (€430mn) wind park in the eastern North Macedonia’s town of Stip on July 16, marking one of the largest single energy investments in the country.
Oxford study warns countries betting too heavily on carbon removal to hit climate goals
A new analysis by researchers at the University of Oxford raises red flags over the widespread dependence on carbon dioxide removal in national climate strategies.
Kazatomprom signs uranium supply agreement with Slovakia’s largest power producer
Kazakhstan’s national nuclear company Kazatomprom has signed a memorandum of understanding with Slovenske elektrarne a.s. (SEAS), Slovakia’s largest electricity producer, to explore future uranium exports.
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