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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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Polish fuel trader Unimot creates defence hub around PZL Sędziszów, plans its IPO
Warsaw-listed fuel trader Unimot announced on October 6 a plan to build an integrated defence group around newly acquired company PZL Sędziszów and ultimately float it on the Warsaw Stock Exchange.
Bulgaria, Greece, North Macedonia and Serbia push regional energy links and gas diversification
Serbia to begin work on 145-km gas interconnector with North Macedonia, as neighbours step up efforts to strengthen regional energy security and diversify gas and electricity supply routes.
Azerbaijan’s ATEF plans $67mn energy equipment plant in Ukraine
Azerbaijan's ATEF Group plans to invest about UAH3bn ($66.7mn) to build an electrical equipment manufacturing plant in western Ukraine, creating around 500 jobs.
Polish government's nuclear update confirms June schedule: first reactor commercial by 2036
The Polish government adopted an update to its nuclear power programme on September 30, confirming a revised construction schedule first revealed in June, under which the first nuclear power station is to kick off commercvially in 2036.
COP31 co-presidents Turkey and Australia two of world’s worst coal culprits, shows report
Countries connected by supply chain responsible for over 75mn tonnes of CO₂ emissions since signing of 2015 Paris Agreement, analysis shows.
Russia's ageing reactors leave a €21bn clean-up bill it keeps putting off
Russia is short of about €18.7bn ($21bn) to decommission 35 ageing nuclear reactors operated by Rosenergoatom, whose own estimate puts the total bill at about €21bn.
Billionaire Solorz's Argumenol bids for 34% ZE PAK stake to delist Polish utility
The family of Polish billionaire Zygmunt Solorz announced on October 2, through its Cypriot special purpose vehicle Argumenol, a voluntary tender offer to acquire the remaining publicly held shares in power group ZE Pątnów-Adamów-Konin (ZE PAK).
Nine detained after Turkish coal mine collapse kills five workers
An order for the detention nine individuals was issued by a prosecutor following a mine collapse in the coal-mining town of Soma in Turkey’s Manisa province that killed five workers.
Croatia seeks stronger role in Central European energy security, Plenkovic says
Croatia aims to strengthen its role in securing energy supplies for central Europe by expanding gas infrastructure around its liquefied natural gas terminal on the Adriatic island of Krk, Prime Minister Andrej Plenkovic said on...
Moldova bets on wind, batteries and new power lines to halve its import dependence
Moldova has lifted renewables from 3% to about 30% of its electricity consumption in five years and now plans a wind, battery and grid build-out to halve its dependence on energy imports by 2050.
Pashinyan floats 1,000-MW nuclear option as Armenia's power surplus turns to deficit
Armenia may need a nuclear power plant generating up to 1,000 megawatts as investment projects and a growing AI sector push electricity demand higher, Prime Minister Nikol Pashinyan told a government briefing.
Solar power park opens in Kyzylorda region with Development Bank of Kazakhstan financing
A solar power park has opened in Kazakhstan’s Kyzylorda Region backed by financing from the Development Bank of Kazakhstan (DBK), adding 20 MW of renewable generation capacity as part of a wider 70-MW project, the DBK said in a statement,
MOL fails to secure licence for share swap deal involving the private equity fund of Istvan Tiborcz
Polish PSE and Czech ČEPS successfully test cross-border power system restoration procedures
Polish and Czech power grid operators Polskie Sieci Elektroenergetyczne (PSE) and ČEPS carried out a test to restore the Polish electricity system using a top-down approach with the support of a neighbouring transmission system operator.
UNCITRAL tribunal suspends arbitration proceedings between Poland's Tauron and ArcelorMittal
The arbitral tribunal appointed in proceedings conducted in accordance with UNCITRAL's arbitration rules has issued an order suspending the arbitration proceedings between Polish utility Tauron Polska Energia and the ArcelorMittal Group.
Ukraine seeks EBRD support for €600mn power-market funding need
Ukraine is seeking support from the European Bank for Reconstruction and Development to help meet an estimated €600mn financing need for energy companies and stabilise its electricity balancing market as Russian attacks intensify ahead of winter.
Ukraine’s power prices rise despite surplus as industrial demand weakens
Ukraine remained a net electricity exporter through much of September as weak industrial demand reduced consumption, but wholesale power prices rose sharply during the working week.
Polish entrepreneurs commit €114.6mn to SGE’s SMR project
A group of Polish entrepreneurs has committed PLN500mn (€114.6mn) in their own capital to develop small modular reactors (SMRs), Polish billionaire investor Michał Sołowow announced on September 30.
EU completes €3.3mn smart meter project in northern Kosovo
After financing doubts last year, Tajikistan’s Rogun is on rise again
Critics cry foul after World Bank OKs $300mn.
Beijing-based AIIB, Uzbekistan agree $5bn pipeline of potential 2026-2029 infrastructure investments
Projects include support for preparation of proposed resilient electricity transmission initiative.
Serbia, Azerbaijan's SOCAR agree to develop 500 MW gas power plant
Serbia's state power utility EPS, gas company Srbijagas and Azerbaijan's state oil and gas company SOCAR signed an agreement to establish a joint venture to develop a 500-megawatt combined-cycle gas power plant in the southern Serbian city of Niš.
Ukraine approves €45.75mn Deutsche Bank loan for Ukrnafta power plants
Ukraine's government has approved the terms of a €45.75mn ($53.6mn) loan from Deutsche Bank to finance equipment for about 60 megawatts of distributed power generation at four sites operated by state-owned oil and gas producer Ukrnafta.
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