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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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Statkraft signs 400 MW Polish battery storage tolling deal with Greenvolt
Norwegian renewable energy company Statkraft has signed a 10-year tolling agreement with Greenvolt Power covering 400 MW of battery storage capacity in Poland, in what it described as one of the largest such contracts in the...
Czech energy price concerns rise as 60% expect further increase
Czech households fear higher growth in energy prices, with 60% of Czechs expecting prices to go up, the highest in two years, according to a poll by energy provider epet energie
North Macedonia launches €46mn hydropower plant modernisation project
North Macedonia reconsiders state-led model for €1.5bn Čebren HPP
North Macedonia is considering building the long-delayed Čebren and Galishte hydropower project without a private partner after 14 unsuccessful tenders.
EU energy crisis adds €100bn to fossil-fuel bill
The EU has spent an additional €100bn on fossil fuels since the start of the US-Iran war without receiving any additional oil or gas, underscoring the economic cost of the bloc’s continued dependence on energy imports.
High gas prices force Europe back towards coal
Surging natural gas prices are pushing European power generators back towards coal, reversing some of the fuel-switching that has driven the most carbon-intensive fossil fuel steadily out of the region’s electricity mix.
Slovak gas transmitter Eustream stable after culling staff by 20%
Slovak gas transmission utility Eustream has been stabilised and does not plan large lay offs after reducing the number of its employees by about a fifth, according to its CEO Rastislav Ňukovič.
Ukraine races to rebuild power system as Russia prepares new strikes
Russia destroyed 9 gigawatts of Ukrainian power generation capacity last winter and has prepared detailed plans for new attacks on the country's energy system, while Ukraine is accelerating investment in renewable generation and energy storage.
Gas-tastrophe! Global energy chiefs drill for more while their own seeps away
The global gas industry is spending billions of dollars drilling new fields, constructing LNG terminals and securing supply routes while allowing huge quantities of the commodity it already produces to leak, vent or burn into the atmosphere.
Lithuania halves grid guarantees to €25/kW to revive renewable projects
Latvia’s AST clears prospectus for up to €100mn in green bonds
Slovakia’s SPP expects record gas in storage this winter
Slovakia’s state-controlled gas company Slovenský plynárenský priemysel (SPP) expects to have 17.5 terawatt-hours (TWh) of gas in its storage facilities this winter 2026/2027.
Polish constructor Polimex's shares surge 8.5% as it secures first nuclear plant contract
Polish mid-cap construction company Polimex Mostostal has signed its first contract for part of the country's first nuclear power plant, sending its share price up by 8.45% on a day when the mid-cap index mWIG40 closed down by 0.31%.
Slovenia moves Krsko second unit coordination to energy ministry
Saudi Arabia’s Acwa begins construction of Uzbekistan’s largest wind project
Uzbekistan has begun construction of a 1.5-GW wind power project in Karakalpakstan, a flagship investment by Saudi Arabia’s Acwa that is set to become the largest wind farm in the Commonwealth of Independent States (CIS).
Czech Škoda JS becomes exclusive supplier of Rolls Royce’s SMRs
Poland's JSW posts tenth consecutive quarterly net loss in H1
Poland's troubled coal company Jastrzębska Spółka Węglowa (JSW) posted on September 23 its preliminary H1 2026 results, which saw its net loss extended for the tenth consecutive quarter, whilst EBITDA swung into positive territory.
Elektroprivreda BiH signs energy transition deal with New Mexico company
Bosnia's state-owned power utility Elektroprivreda Bosnia and Herzegovina (EPBiH) has signed a memorandum of understanding with New Mexico-based Universal Energetics Inc.
Serbia advances Đerdap 3 pumped-storage hydropower project
Serbia has signed a contract to prepare technical documentation for the planned Đerdap 3 pumped-storage hydropower plant, advancing a project expected to be the country's largest energy investment.
North Macedonia’s Štip wind farm reaches financial close for 131.25 MW first phase
Montenegro’s electricity production reaches 2.4 TWh in 2025
Turkey signs US grant deal to prepare for small nuclear reactors
The US will pay for a study to help Turkey prepare the ground for small modular nuclear reactors (SMRs), as Ankara looks to cut its reliance on Russia for nuclear power.
No clear timeline for restarting Romania’s Cernavodă nuclear plant
Romania does not yet have a clear timeline for restarting the Cernavodă nuclear power plant, which has been fully shut down since August 13.
Czech EPH H1 net profit falls by more than half to €0.9bn
Net profit of the EPH energy conglomerate of Czech energy and media oligarch Daniel Křetínský dropped by more than half year-on-year to €0.9bn in the first half of this year.
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