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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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Russia to raise industrial electricity costs by 15% in 2025-2026
The Russian government plans to raise the capacity prices for industrial electricity consumers by an additional 15% for 2025 and 2026, potentially adding RUB39bn ($538mn) in 2025 and RUB64bn ($883mn) in 2026 to industry costs,
Ukrainian firms invest nearly UAH29bn in over 1 GW of autonomous power generation
Ukrainian businesses have invested nearly UAH29bn ($690mn) in developing over 1 GW of autonomous power generation since the start of the war, as part of efforts to counter continued attacks on the national energy system.
Hungary’s power imports sink to 12-year low as fossil fuel and solar output surge
Hungary’s reliance on electricity imports dropped to its lowest level in more than a decade last month, as rising domestic energy production and record-breaking solar output reshaped the country's energy landscape.
Melnik heat plant to convert into largest steam line energy source in Czechia
Melnik heat plant is set to become the largest steam line energy source in Czechia by 2029 after its parent company, majority state-owned energy utility CEZ, signed a CZK13.5bn (€0.54bn) contract for the reconstruction of the Melnik plant.
Czechia gets nuclear fuel delivery from Westinghouse as it moves away from Russian supplies
Prague is pushing to replace the Russian state agency Rosatom and its TVEL arm, on which Czech nuclear power plants relied for years.
Bulgaria opens EU’s largest battery energy storage facility
Energy Minister Zhecho Stankov says facility is “first step” towards Bulgaria's ambition of reaching 10,000 MWh of operating battery capacity.
Ukraine tests domestic graphite battery prototype as BGV eyes full production by 2025
Ukraine has successfully tested a prototype lithium-ion battery using domestically sourced graphite, marking a significant step in the country’s ambition to establish a full-cycle battery manufacturing industry.
IAEA praises Slovenian Krsko nuclear power plant’s long-term safety measures
An International Atomic Energy Agency (IAEA) team has completed a review of the long-term operational safety of Slovenia’s Krsko nuclear power plant (NPP).
Belarus and Hungary sign nuclear cooperation roadmap for 2025-2027
Belarus and Hungary signed a roadmap on nuclear energy cooperation for 2025-2027, as part of efforts to strengthen ties in the nuclear sector, Belarusian energy officials said.
Hungary's energy giants sign oil trade deal to strengthen regional energy security
Hungarian oil and gas company MOL and the state-owned energy group MVM have signed an oil trading agreement that aims to further diversify the region's energy supply portfolio, with a focus on landlocked Hungary and Slovakia, MOL said.
Polish utility Tauron posts PLN2.33bn EBITDA in Q1 as distribution segment drives earnings
Polenergia sees earnings decline in Q1 but eyes solar capacity boost
Adjusted net profit at Warsaw-listed energy group Polenergia dropped to PLN60.5mn (€14.25mn) in the first quarter, marking a decline of PLN81.4mn from a year earlier, the company said in an earnings report on May 22.
Turkey in talks with Canada’s Candu, other companies for second, third nuclear power plants
Westinghouse hires seven more Bulgarian companies for two new reactors at Kozloduy NPP
US Westinghouse Electric said it has signed memoranda of understanding with seven Bulgarian firms to strengthen the local supply chain for the planned deployment of two AP1000® nuclear reactors.
Montenegro’s EPCG to end 2025 with significant loss amid repair of Pljevlja coal plant
Montenegro’s state-owned power company Elektroprivreda Crne Gore is expected to end the year with a significant financial shortfall due to the months-long overhaul of the Pljevlja coal-fired power plant.
Croatia interested in small modular reactors, minister says
Croatia is preparing to invest in small modular nuclear reactors as part of its long-term strategy to secure electricity production and transform the country into a nuclear energy player.
Czech Kretinsky’s EPETr to acquire 50% share in German brown coal electricity plant Lippendorf
EP Energy Transition (EPETr) of EP Group, controlled by the Czech energy and media oligarch Daniel Kretinsky, is to acquire a 50% share in the German brown coal-fired electricity plant Lippendorf.
Russia files WTO complaint against EU's carbon border adjustment mechanism
Russia argues the measure violates global trade rules and unfairly restricts access for non-EU producers.
Ukraine may allocate Chernobyl Exclusion Zone land for small modular reactors
Ukraine is considering allocating plots of land within the Chernobyl Exclusion Zone for the installation of small modular reactors (SMRs).
Russia pushes to grow its influence in Africa’s nuclear future
Russia, under sanctions from the West over the war in Ukraine, is using nuclear partnerships to grow its influence in Africa.
Equinor and Polenergia greenlight €6.4bn offshore wind investment
Listed Norwegian energy company Equinor and its Polish peer Polenergia have approved final investment decisions for the construction of the Bałtyk 2 and Bałtyk 3 offshore wind farms.
Alternative energy company Alteo reports higher revenues but lower profits in Q1
Alternative energy company Alteo reported double-digit revenue growth in nearly all business segments during Q1, except energy services, the BSE-listed company announced on May 19.
South Korean KHNP is to file complaint against blocking of the Czech Dukovany nuclear tender
South Korean Hydro and Nuclear Power (KHNP) will file a complaint against the blocking of the Dukovany nuclear tender. “We think that the current situation can cause significant damages to Czech national interests as well as to the KHNP company."
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