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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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Consortium of Lorinc Meszaros wins first CCGT power plant tender in Hungary
The consortium led by Status KPRIA, a company owned by Lorinc Meszaros, has won the first tender to build a combined-cycle gas turbine power plant. The consortium offered to construct the new plant, at Visonta, northern Hungary, for €14.7mn.
Kosovo's Ferizaj 3 power substation becomes operational
Kosovo’s Ministry of Economy announced on January 23 that the new Ferizaj 3 power substation has officially begun operations, marking a significant step towards improving the region's power supply.
Dutch firm Vitol dominates auction for electricity from Slovenia's Sostanj power plant
At a public auction held on January 9 for the sale of electricity produced at Slovenia’s Sostanj thermal power plant (TES), the Dutch company Vitol Gas and Power emerged as the largest buyer.
Russian coal industry could normalise in 2027
The ongoing coal industry crisis in Russia and globally will continue until at least 2027, while the problems of Russian miners are multiplied by risks of access to foreign markets and logistical constraints.
Poland's PGE eyes acquisition of ZE PAK gas power project and nuclear stake
Poland's largest listed utility, the state-controlled PGE, reached a preliminary agreement to acquire the PAK CCGT gas-fired power plant project from ZE PAK, another listed utility.
Kazakhstan’s first NPP construction project to address sanctions risks
Contracts for the construction of Kazakhstan's first nuclear power plant (NPP), with a planned capacity of 2.4 gigawatts (GW), are set to include specific clauses addressing sanctions risks.
Czech energy utility CEZ to invest CZK80bn into decarbonisation of power plants
The majority state-owned Czech energy utility CEZ is to invest CZK80bn (€3.2bn) by 2030 into decarbonisation and modernisation measures at heat power plants.
Albania awards €13.9mn floating solar project to Chinese-Spanish team
A Chinese-Spanish consortium has won a €13.9mn contract to design, build, and operate a 12.9-MW floating solar power plant on Vau i Dejes lake in Albania.
United Group invests €120mn in renewable energy project in Bulgaria
United Group, a leading telecommunications and entertainment provider in Southeast Europe, said it is entering the green electricity generation market with an initial €120mn investment in three solar power plants and a wind farm in Bulgaria.
Montenegro’s EPCG to reduce electricity bills to poorest households
Montenegro’s power company EPCG said on January 22 it will reduce electricity bills to the poorest households to secure more regular payments.
Velenje coal mine accident in Slovenia claims three lives
Uzbekistan's electricity output up 4.7% in 2024, automotive fuel production falls 4%
Uzbekistan's electricity output up 4.7% in 2024, automotive fuel production falls 4%
Lukashenko mulls building a second nuclear power plant
Belarus President Alexander Lukashenko is mulling the idea of building a second nuclear power plant (NPP) to improve the country’s energy security and earn more money from exports to Russia.
Polish coal miner Bogdanka posts PLN478.5mn net loss for 2024
Azerbaijan can help hook up Iran, Russia power grids, Iranian minister says
Iran has proposed to Azerbaijan that it could serve as an intermediary in setting up an electrical link with Russia, Iranian Energy Minister Abbas Aliabadi said.
Czech electricity production fell by 4% y/y in 2024
Czechia produced 68.7 TWh of electricity last year amid the falling production of coal plants, Czech Press Agency (CTK) reported, citing figures from the oEnergetice.cz website.
Baltic states seek expanded energy security, NATO strengthens regional presence
After a series of supposed accidents in the Baltic Sea in which undersea cables have been heavily damaged, the Baltic states and NATO have taken steps to increase surveillance in the region for the sake of safeguarding energy security.
One miner dead, two missing in Velenje coal mine accident in Slovenia
The incident occurred on the evening of January 20 in the Preloge cave, where an intrusion of mud and water caused devastation at the excavation site. Rescue operations are ongoing, but hopes of finding the missing miners alive are diminishing.
Ukraine’s energy infrastructure suffered huge setbacks in 2024, faces a difficult 2025 – analysts
Ukraine’s energy infrastructure suffered huge setbacks in 2024 and faces a challenging year in 2025 but the supply of power was more or less meeting demand in January, say analysts, UBN reported on January 21.
China’s Envision Energy starts construction of $40mn BESS and wind turbines plant in Kazakhstan-Afghanistan
Romania wins €256mn arbitration with solar park investors
Romania has won an international arbitration case brought by investors in renewable energy, avoiding €256mn in claimed damages required by investors in solar parks who objected to changes in the support schemes during 2014-2018.
Czech energy behemoth EPH among potential buyers of German Uniper
Central European energy behemoth EPH, controlled by EPCG of the Czech energy and media oligarch Daniel Křetínský, is among potential buyers of the German energy giant Uniper.
Russia readies support for coal industry on brink of collapse
Russian authorities reportedly brace for collapse of the coal mining industry worn out by drop in exports, low prices and logistical bottlenecks.
EBRD aims to ramp up investment in Romania to €1bn a year
Increase was largely down to a hike in investment into projects supporting Romania’s green transition.
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