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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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Cameco and Kazatomprom joint venture Inkai resumes uranium production
Canadian Cameco’s joint venture project, JV Inkai, in Kazakhstan has resumed uranium production, according to an announcement made by Kazatomprom, the Central Asian country’s national uranium producer.
Kazatomprom reports 10% y/y increase in uranium output
Kazakhstan's national nuclear company Kazatomprom has reported a 10% increase in uranium production in 2024. Output reached 23,270 tonnes, the company said in its 4Q24 results and trading update released on January 27.
Czech-based Doosan Skoda Power announces IPO
Producer of energy equipment Doosan Skoda Power, based in Pilsen, Western Bohemia, has announced its upcoming IPO at the Prague Stock Exchange.
EU gives Moldova €30mn as short-term fix to energy crisis and promises longer-term plan
Targeted support to restore electricity and heat supply in the separatist Transnistria region.
Romanian energy minister slams EU’s "green shock therapy"
Sebastian Burduja’s comments align with growing resistance to EU green policies in Central and Eastern Europe.
BP eyes late-2024 ACG gas output, invests $200mn in solar, restores Shah Deniz platform
BP Azerbaijan expects first production under the Azeri-Chirag-Gunashli (ACG) gas development project by late 2024, according to BP Azerbaijan spokesperson Tamam Bayatli.
North Macedonia’s minister highlights success of domestic electricity exchange
North Macedonia's domestic electricity exchange has seen significant progress over the past two years, with 37 registered participants trading more than 1.3 terawatt hours of electricity.
Kosovo’s KOSTT enhances energy infrastructure with strategic investments
Kosovo's electricity transmission system operator, KOSTT, announced on January 27 the successful implementation of a series of strategic energy infrastructure projects, worth over €13mn.
PANNIER: Taliban’s relations with Central Asia imperilled as Trump turns off aid taps
Afghanistan pays for electricity and food imports with US development assistance. No more?
EBRD lends €35mn to Montenegro’s CEDIS for energy sector digitalisation
The European Bank for Reconstruction and Development (EBRD) said on January 27 that it is lending up to €35mn to Montenegro’s electricity distribution company CGES for digitalisation of the energy sector.
Ulaanbaatar adopts new asset class, OTC bond placement to IFC will finance 50-MW BESS
The Governor’s Office of Ulaanbaatar has issued its first OTC market bond through a private placement to the World Bank Group’s International Finance Corporation (IFC), with the funds raised to finance a 50-megawatt battery energy storage system.
Slovenia’s electricity output drops in December
Slovenia’s total net electricity generation reached 1,275 GWh in December 2024, marking a 5% decrease compared to November and a 4% decline from December 2023.
Uzbekistan boasts Central Asia’s best wind and solar energy potential, says expert
At the same time, projects face difficulties including corruption, resource management inefficiencies and climate threats such as sandstorms.
Mongolia reportedly anticipates multi-billion-dollar green hydrogen, renewable energy agreements with Saudi Arabia
Mongolia reportedly expects to ink several billion dollars’ worth of green hydrogen and renewable energy agreements with Saudi Arabia in coming months.
Kosovo’s KEK launches major rehabilitation project for Kosovo A thermal power plant
The Kosovo Energy Corporation (KEK) has launched the tender for the first phase of the upgrade of unit A3 at the Kosovo A thermal power plant.
Ukraine offers coal and experts to settle Transnistria’s energy crisis without Russia
If Ukraine solves the energy crisis in Moldova, it would thwart Russian efforts to exploit the crisis to pursue its political interests in Moldova.
NLB partners with MK Fintel Wind to expand Kosava wind farm in Serbia
Slovenia’s NLB Group and its subsidiary, NLB Komercijalna banka, have signed an agreement with MK Fintel Wind to finance the expansion of the Kosava wind farm in Serbia,
Ukraine’s DTEK ready to expand in Moldova
Ukraine’s DTEK energy holding is ready to help Moldova ensure its energy stability, said its CEO Maksym Timchenko following a meeting with Moldovan Prime Minister Dorin Recean on the sidelines of the World Economic Forum.
North Macedonia’s gross power generation down 4.5% y/y in November
North Macedonia’s gross electricity generation fell by an annual 4.5% to 541.4 GWh in November, with domestic production accounting for 82.3% of the country’s gross domestic consumption.
NLB Group to finance expansion of Kosava wind farm in Serbia
NLB Komercijalna Banka and its parent company, Slovenia's NLB Group, have secured a financing agreement with MK Fintel Wind to expand the Kosava wind farm in northeastern Serbia.
DTEK invests €450M in Eastern Europe’s largest wind farm project since 2013
Ukrainian energy company DTEK is investing €450mn to expand the Tyligulska Wind Power Plant, marking the largest private investment in Ukraine since the Russian invasion began.
Ukraine sees record electricity imports amid energy infrastructure challenges
Ukraine imported nearly 4.5mn megawatt-hours (MWh) of electricity last year, marking the highest level in 11 years.
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