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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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Turkish energy minister outlines “critical role” of nuclear power in appearance at Atomexpo in Russia
EBRD and Erste greenlight €91.4mn loan for Serbian wind farm
The EBRD and Erste Group Bank AG, along with its Serbian subsidiary Erste Bank Novi Sad, have greenlit a €91.4mn financing package for Enlight Renewable Energy's (Enlight) latest venture: a wind farm in Serbia.
Croatia's Rimac Energy expands operations with new UK facility
Rimac Energy, a Croatian energy storage company, has inaugurated a new 1,850-square metre facility in Witney, Oxfordshire, UK, the company said in its press release on March 27.
Ukraine faces potential summer electricity shortage, utility executive warns
Ukraine may confront an electricity shortage this summer due to significant damage inflicted on numerous power generation facilities.
Ukraine plans record electricity imports amid power outages
Ukraine imported a record volume of electricity on March 26, aiming to bring in 18,649 MWh since the start of the year, according to a statement from Ukrenergo, the country's national energy company.
Profits of Czech EPH’s infrastructure unit dropped by 15% y/y to €1.22bn
EPIF has, in the past, made profits by transporting Russian gas to Central Europe. EPIF stated that “the gas transmission segment’s performance in 2023 was adversely impacted by one-off risk mitigation measures”.
Slovenian tie-up led by Riko awarded contract for Krsko nuclear waste repository construction
Moody’s assigns negative outlook to Czech CEZ after Gasnet takeover
The Gasnet acquisition comes amid the efforts of the Czech state to gain a stronger footing in the energy infrastructure and diversification from its dependency on Russian energy supplies.
Ukraine's energy infrastructure devastated by Russian attacks, recovery prospects grim
Ukraine's energy sector faces a protracted period of recovery after sustaining extensive damage from recent Russian attacks, with major energy companies grappling with significant disruptions to operations.
Russia, Ukraine trade attacks on energy infrastructure
While Russia launches missile after missile at Ukrainian energy infrastructure, Ukraine is maintaining its drone campaign against Russian refineries.
Azerbaijan aims to speed up implementation of past goals at COP29
Azerbaijan, as the host of the upcoming UN COP29 climate summit, wants to focus on speeding up the implementation of goals set at the previous COP28 event in Dubai.
Hungarian foreign minister presses for removing 'ideology' from energy deals with Russia
Kazatomprom records 43% y/y revenue growth in 2023
Serbia's President Vucic reportedly plans to end moratorium on nuclear power plants
President Aleksandar Vucic of Serbia has announced plans to lift the moratorium on the construction of nuclear power plants, citing the pressing need to meet the country's escalating energy demands.
Years needed to restore Dniprovska Hydroelectric Power Plant after missile attack
The extent of the damage inflicted on the Dniprovska Hydroelectric Power Plant by a recent missile attack is severe, requiring years to fully restore the facility to its previous state, with Ukraine losing 1,000 MW of manoeuvrable power.
Why are the bonds of Ukrainian power company Ukrenergo trading at a premium to the sovereign bonds?
Bonds of Ukrenergo, the Ukrainian state-owned power company, have surged in the last month after an announcement that a bondholder group had formed for the company, which now trades at a premium to the sovereign bonds, the FT reported on March 25.
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