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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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Uzbekistan’s solar and wind power plants generate 5bn kWh since start of 2025
Uzbekistan’s solar and wind power plants have generated more than 5bn kWh of electricity so far in 2025, surpassing the country’s total renewable output for the whole of last year, according to the Ministry of Energy.
MET Group acquires German gas storage operator KGE
Swiss-based energy company MET Group has acquired 100% of Kommunale Gasspeichergesellschaft Epe (KGE), a gas storage operator located in North Rhine-Westphalia.
Russian consumers urge government not to hike domestic gas prices
The measure, ordered by President Vladimir Putin in January, is intended to help compensate Gazprom for lost revenues from reduced European exports and to cover the cost of maintaining underground gas storage facilities.
Ukraine’s electricity export capacity to EU rises by nearly 40% amid summer solar surplus
Ukraine will be able to increase its electricity exports to the EU by nearly 40% after the latter raised the export capacity limit from Ukraine and Moldova to EU countries from 650 megawatts to 900 megawatts.
Czech power grid suffers major power cut
A large-scale outage struck the Czech Republic’s electricity grid on July 4, temporarily cutting power to several regions, in what the country’s transmission system operator described as a rare and significant disruption.
Isbank Group acquires 15% stake in Turkish wind turbines maker Ates for €45mn
Isbank Group has acquired a 15% stake in Izmir-based wind turbine maker Ates Celik for a consideration of €45mn, according to a statement from Isbank (ISCTR), one of the largest private lenders in Turkey.
Armenian parliament passes controversial law to nationalise power grid
The Armenian National Assembly has fully adopted a fast-tracked bill enabling the government to nationalise the country’s electricity grid. This move is widely seen as targeting the jailed billionaire Samvel Karapetyan.
Ukraine’s largest steel plant warns of closure amid soaring power prices
ArcelorMittal Kryvyi Rih, Ukraine’s largest steel mill, may be forced to shut down operations due to surging electricity prices.
Abkhazia to start buying Russian electricity from August to tackle winter shortages
According to the Abkhaz authorities, although the region tends to face power shortages from October, starting imports as early as August at a reduced rate will lower costs significantly.
Amid political tensions, Armenia moves to nationalise power grid
Radio Free Europe/Radio Liberty reported that a bill to nationalise the Armenian Electric Power Grid (ENA), which is currently owned by imprisoned billionaire Samvel Karapetyan, passed its first reading in Parliament on Tuesday, July 1.
Vestas to sell turbines to Eurowind for Romanian projects
Danish wind turbine manufacturer Vestas has received an order for 143-MW turbines by Danish renewable energy company Eurowind Energy for three wind projects in Romania, it said in a press release on its website.
Russian hydropower major RusHydro fail to approve dividends
Previously RusHydro board proposed two options: either paying RUB0.076 per share dividend, implying a 16.4% yield, or skipping payouts entirely. The company last paid dividends for 2022.
Russia's Rosatom to present feasibility studies for Sinop nuclear plant in Turkey this year
Turkey’s annual solar panel production capacity reach 50 GW versus 4-5 GW of domestic demand
Despite the excess capacity, Turkish panel producers are not able to export their output. The Chinese producers sell 1-MW panels for $90-100,000 in Europe while Turkish producers’ costs stand at $150-160,000 per MW.
Slovak opposition accuses government of siding with Hungary in ending Gabčíkovo-Nagymaros dispute
Slovak opposition parties accused the left-right cabinet of Prime Minister Robert Fico of securing favourable terms for Hungary by bringing the long-standing Gabčíkovo-Nagymaros hydroelectric power plant System dispute to an end.
Energy Community praises Moldova’s landmark electricity law as key step toward EU market integration
The Energy Community has praised on July 1 Moldova’s recent adoption of a landmark Electricity Law on as a decisive step toward full integration into the EU internal electricity market.
Poland allocates over $12.4bn in National Recovery Plan backed loans for power grid upgrades
More than PLN50bn ($12.4bn) in preferential loans have been granted to finance investments in Poland’s power grid infrastructure, Prime Minister Donald Tusk announced at a conference.
Hungarian energy firm Alteo strengthens circular economy portfolio with new deal
Alternative energy company Alteo has completed its acquisition of waste management firm Eltex from Global Refuse Holding, the Budapest-listed group partly owned by MOL, it announced on June 30.
US lifts sanctions related to Paks nuclear plant upgrade
The expansion of the Paks II nuclear power plant could now gain "new momentum" following Washington's decision to lift sanctions related to the project.
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