Energo - CEE/FSU Power

Bosnia’s electricity output rises y/y in September, renewables gain share

Bosnia & Herzegovina generated 1,061 gigawatt-hours (GWh) of electricity in September, slightly higher than the same month a year earlier but below August levels, the national statistics office said on November 26.

Afghanistan switches coal exports from Pakistan to Uzbekistan

Afghanistan is to ship its coal exports to Uzbekistan instead of Pakistan, according to Afghanistan International, which cited Haji Zaid, spokesman for the Taliban governor in the northern province of Balkh.

Turkey, World Bank to start talks on power grid upgrade financing package worth up to $6bn

Turkey and the World Bank have agreed to start talks on a financing package worth up to $6bn that would be used in upgrading the country’s electricity transmission system.

Kazakhstan to construct waste-to-energy plants in Astana, Almaty and Shymkent

Kazakhstan plans to construct waste-to-energy plants in its largest cities, Astana, Almaty and Shymkent.

Poland’s coal firm JSW extends losses in Q3 on low prices pressure and ailing steel industry

JSW Group, the European Union’s largest producer of hard coking coal, reported consolidated net loss of PLN793.7mn (€187.7mn) in Q3 2025, in line with its mid-November estimates and down from PLN308.9mn (€73.1mn) loss a year before.

Second Baltic electricity trading exchange, Epex Spot, launches

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North Macedonia boosts electricity production in September as output exceeds consumption

North Macedonia generated more electricity than it consumed in September 2025, with gross domestic production reaching 391.7 GWh — 4.9% above total domestic consumption.

Lithuanian PM expects Orlen Lithuania will stick with Mazeikiai refinery upgrading plan

Hitachi Energy to build $70mn transformer plant in Turkey

Switzerland-headquartered technology company Hitachi Energy, part of the Japanese conglomerate Hitachi Ltd (6501.T), is preparing to build a power transformer factory in Dilovasi in Turkey’s northwestern industrial province of Kocaeli.

Kazakhstan, Uzbekistan agree power supplies for energy crisis-hit Kyrgyzstan that will allow country to conserve water

Kazakhs & Uzbeks agree deal to supply electricity to Kyrgyz Republic through autumn-winter period, a move that will help country conserve and restore depleted water supplies that would otherwise have to be put into hydroelectric power generation.

Hungarian Derivative Energy Exchange closes as liquidity dries up

Montenegro plans sharp increase in electricity output in 2026

Montenegro plans to produce 3,798 GWh of electricity in 2026, a 57.6% rise compared with the estimated realisation in 2025, according to the government’s newly adopted energy balance for next year.

Uzbekistan raises winter coal target to 10mn tonnes

UK to end Russian uranium imports by 2028 as it backs US-led nuclear fuel initiative

The United Kingdom will end all imports of Russian uranium by 2028—two years earlier than initially planned—as it joins a broader effort led by the US to curtail Moscow’s influence over global nuclear fuel supply chains.

Premier Energy expands Romanian renewables platform with 400 MWh storage project

Premier Energy Group (BVB: PE) has acquired a 100% stake in a €75mn, 400 MWh ready-to-build battery energy storage system (BESS) project near Iași, marking a major expansion of its Romanian renewable energy platform.

UK removes sanctions on two subsidiaries of Russian Lukoil in Bulgaria

UK issues a license temporarily lifting sanctions from two Bulgarian subsidiaries of Russian oil major Lukoil

EBRD announces completed upgrade and relaunch of Soviet-era Qairokkum hydro plant in Tajikistan

The upgrade and relaunch of Tajikistan’s Soviet-era Qairokkum hydroelectric power plant (QHPP) has taken place.

Uzbekistan to help keep Afghanistan powered in 2026

Uzbekistan will continue to supply electricity to Afghanistan in 2026, as announced by its Ministry of Energy.

Belarus pushes ahead with its third nuclear reactor, Vilnius is razzed

MACRO ADVISORY: Will dark water take the shine off Kyrgyzstan’s golden growth?

The Kyrgyz Republic has reported average annual GDP growth of 9% for the past three years and will again be close to that growth in 2025. But while the economy is doing well, Kyrgyzstan and its neighbours are facing a major power and water crisis.

Greek PPC plans €3bn investments in Romania over next three years

PPC is already Romania's largest investor in renewable energy with about 1.3GW of capacity.

Turkey urged to commit to faster action to unlock its geothermal potential

Turkey needs to commit to faster action to unlock its geothermal potential through exploration and plant construction, according to Ufuk Senturk, chairman of the board of the Turkish Geothermal Power Plant Investors Association.

Turkey’s Aksa Elektrik secures $1bn PPP concession to modernise Uzbek grid in Samarkand

Aksa Elektrik, a subsidiary of Turkish conglomerate Kazanci Holding, has signed a 30-year and $1bn public-private partnership (PPP) concession with the Uzbek government to modernise and strengthen the grid in southeastern region Samarkand.

Poland's Enea Group posts a 23.05% y/y decline in net profit in Q3

Poland's Enea Group reported a 23.05% year-on-year (y/y) decline in net profit for the third quarter of 2025, the company reported on November 18, attributing the broader revenue slump partly to changes in wholesale energy prices.

Montenegro may seek one-year delay in EU carbon border fee, EPCG says

Montenegro’s state-run power utility EPCG says there is a possibility that the EU’s planned Carbon Border Adjustment Mechanism (CBAM) — which introduces a levy on imported electricity produced from coal — may be delayed for non-EU countries.