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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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Doosan Skoda Power stocks register growth on the first market day
Shares of the Czech-based Doosan Skoda Power nuclear supplier registered growth on their first day on the Prague stock exchange.
Poland plans to spin-off state-owned coal assets as energy transformation plans slowly gather momentum
Poland's Ministry of State Assets will present a comprehensive plan for the spin-off of coal assets from state-owned power companies to Parliament on February 13, as the government's energy transformationd plans gather pace.
The Baltics are leaving the Moscow-controlled electricity network and joining European grid
On February 8-9, the Baltic States – Lithuania, Latvia and Estonia – will disconnect from the BRELL electricity network, which still connects them to the Russian and Belarusian electricity systems and integrate with the European power grid.
MVM expects to complete E.ON takeover in Romania in June-July
Karoly Matrai, the CEO of Hungarian state-owned company MVM Group, said that he expects to get all the necessary permits for taking over the majority stake in E.ON Energie Romania in Q2 and complete the deal in June or July.
Montenegro, Serbia to soon release cross-border impact study for Buk Bijela HPP
Montenegro and Serbia should soon release a cross-border impact study for the construction of the Buk Bijela hydropower plant on the Drina River.
Mongolia set to ask China to approve rail link that could drive up coal exports
Mongolia will reportedly next week ask China to give the green light to the building of a cross-border railway link that could further strengthen an already expanding coal trade between the two countries.
Expect CASA-1000 power transmission project to start up in 2027, says Tajikistan
The launch date for the Central Asia-South Asia power transmission project (commonly known as CASA-1000) has been announced as 2027 by the Minister of Energy and Water Resources of Tajikistan Daler Juma.
Slovakia’s power company SE obtains €3.6bn in financing
Slovakia’s largest electricity producer and operator of the country’s nuclear facilities, Slovenské elektrarne, has obtained €3.6bn in financing.
Baltic States kick off the first frequency reserve market
Heat consumption in Czechia drops by 2.6% y/y in 2024
Heat consumption in Czechia dropped by 2.6% year on year in 2024 amid warm weather.
EU helps Moldova overcome energy crisis with €310mn financial package
New package announced after Russian Gazprom’s decision to stop gas exports to Moldova sparked an energy crisis.
Baltics set for grid synchronisation with Europe
Grodno sees January sales slip as PV segment struggles
Sales of Poland’s electrical and lighting products distributor Grodno Group are expected to come in at PLN80.3mn (€19mn), down from PLN83.7mn a year earlier.
Turkey’s 2024 electricity production, consumption break records
Turkey’s electricity production and consumption reached all-time highs last year, according to Energy and Natural Resources Ministry data.
Westinghouse signs contract for feasibility study on Slovenia’s Krsko 2 project
US’s Westinghouse Electric Company signed a contract with Slovenia’s state-owned power company GEN energija to conduct a technical feasibility study (TFS) assessing the deployment of an AP1000® reactor.
OECD urges Poland to rein in deficit as spending surges
According to the latest OECD Economic Survey, Poland's progress on cutting greenhouse gas emissions has been slow, but an updated National Energy and Climate Plan for 2030 introduces more ambitious targets.
Renewable energy producer Birlesim sells 20% stake via Istanbul IPO for TRY 1.4bn
Turkey's Birlesim Grup Enerji Yatirimlari (BIGEN) has sold 116mn shares, amounting to a 20% stake, via a Borsa Istanbul initial public offering.
Kabul meeting aims to kickstart long-delayed TAP-500 power export project
The long-delayed TAP-500 project to export Turkmen electricity to Afghanistan and Pakistan was the subject of a meeting in Kabul.
EBRD to support Poland’s green transition with €200mn loan for Baltica 2 wind project
Baltica 2 offshore wind farm will be a boon for Poland, which is struggling to meet its green transition targets.
The UK, Germany and China lead global offshore wind farm roll-outs, but the rest of the world is lagging far behind.
Poland is about to double its offshore wind power generation capacity but apart from Germany and the UK, offshore wind power remains underdeveloped around the world, with the notable exception of China.
Slovenia launches €16mn renewable energy investment programme
Slovenia will launch a public call for co-financing investments in community self-sustainability of electricity from renewable energy sources for the period 2025 to 2027.
Kazatomprom secures new uranium exploration licence
Tumodo, a business travel platform serving the MENA region and India, is expanding its operations into Kazakhstan as part of its strategic growth plan, the company said in a press release on January 30.
Russia to restructure troubled hydropower major RusHydro
The Russian government is preparing a number of measures to improve the economic condition of the state hydropower holding RusHydro
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