Pologne

EnBW raises €3.1bn to finance a historic investment programme through 2030

Energie Baden-Württemberg AG announces the completion of a €3.1bn capital increase to support its investment plan, with strong shareholder participation, marking a major milestone for the group’s financial strategy.

A US-sanctioned LNG vessel docks at Russia’s Arctic LNG 2 terminal

The Voskhod vessel, under US sanctions, docked at the Arctic LNG 2 plant in Russia, marking the second visit by a sanctioned ship to the site this year, according to maritime tracking data.

wpd completes the acquisition of Calycé’s wind activity and strengthens its presence in France

German group wpd takes over the teams and a portfolio of 17 wind projects from Calycé, consolidating its position in the French market and expanding its regional presence, particularly in the Grand Est, with the support of Envinergy.
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SPIE wins new strategic contract for the 315 MW Windanker offshore wind farm

SPIE Wind Connect partners with Van Oord to connect and test 21 high-voltage cables for the Windanker offshore wind farm, marking a key milestone in the development of Germany’s offshore wind sector.

Stellantis ends its hydrogen van programme as market outlook remains limited

Manufacturer Stellantis halts production of its hydrogen-powered commercial vehicles, citing a lack of commercial prospects and an insufficient market, according to a statement released by the automotive group.

OPEC Cuts Forecasts but Anticipates Rising Oil Demand

OPEC slightly adjusts its production forecasts for 2025-2026 while projecting stable global demand growth, leaving OPEC+ significant room to increase supply without destabilizing global oil markets.
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European Union struggles to agree on new Russian oil price cap

Talks between European Union member states stall on the adoption of the eighteenth sanctions package targeting Russian oil, due to ongoing disagreements over the proposed price ceiling.

Poland awards 1.67 GW of solar projects in its latest renewables auctions

The results of recent Polish auctions reveal a predominance of photovoltaic solar, with 178 projects selected and a total capacity of 1.67 GW, while other segments found no takers.

Global battery storage market to reach $143bn by 2031

Driven by rising electricity demand, the battery energy storage systems market is set to soar, according to The Insight Partners, growing from $41.97bn in 2024 to $143.28bn in 2031 at an average annual rate of 17.91%.
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Governments extend their stockpiles to cover 98 % of global oil

The Global Energy Policies Hub shows that strategic reserves, gas obligations, cybersecurity and critical-mineral policies are expanding rapidly, lifting oil coverage to 98 % of world imports.

Serbia seeks new US sanctions waiver for NIS amid geopolitical tensions with Russia

Belgrade is engaged in complex negotiations with Washington to obtain a fifth extension of sanctions relief for the Serbian oil company NIS, which is majority-owned by Russian groups.

Terna and NPC Ukrenergo sign strategic agreement for European energy integration

Terna and NPC Ukrenergo have concluded a three-year partnership in Rome aimed at strengthening the integration of the Ukrainian grid into the pan-European system, with an in-depth exchange of technological and regulatory expertise.
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Energiequelle raises Raßlitz wind farm capacity to 11 MW after upgrade

Energiequelle completes the commissioning of two Enercon E-160 turbines in Raßlitz, replacing previous models and increasing the installed capacity of the Saxony site more than fivefold.

GE Vernova modernises TransnetBW’s key cross-border power hub in Germany

GE Vernova has secured a major contract to modernise the Kühmoos substation in Germany, enhancing grid reliability and integration capacity for power flows between Germany, France and Switzerland.

European Union finalises agreement to lower Russian oil price cap

European Union ambassadors are close to reaching an agreement on a new sanctions package aimed at reducing the Russian oil price cap, with measures impacting several energy and financial sectors.
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Global PV inverter shipments reach 589 GWac as Asia-Pacific dominates in 2024

Global photovoltaic inverter shipments increased by 10% in 2024, driven by the Asia-Pacific region, which accounts for nearly seven out of ten shipments, while China consolidates its influence on the sector.

Ukraine: Energoatom signs major agreements with Westinghouse and Holtec

Energoatom signed strategic agreements with Westinghouse and Holtec at the Ukraine Recovery Conference, aiming to establish nuclear fuel production and small modular reactor capabilities in the country.

Iran Relaunches Nuclear Dialogue to Negotiate with the United States, Russia Supports a No-Enrichment Deal

Tehran agrees to reopen its nuclear facilities to the IAEA, aiming to resume negotiations with Washington, while Moscow pushes for a “zero enrichment” agreement without getting involved in supervision.
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The European Union commits EUR2.3bn to accelerate Ukraine’s energy reconstruction

The European Commission is launching a special fund of EUR2.3bn ($2.5bn) to boost Ukraine’s reconstruction and attract private capital to the energy and infrastructure sectors.

Slovakia targets European agreement on end of Russian gas and sanctions by Tuesday

The Slovak government is seeking guarantees from the European Union to secure its supplies as talks continue over ending Russian gas and adopting a new round of sanctions.

Shell anticipates a decline in gas performance in Q4 2024

The British energy giant Shell expects disappointing results in its gas division for Q4 2024 due to expiring hedging contracts and reduced production.

Moldova Faces a Hybrid War with Russia

Russia has suspended gas deliveries to the pro-Russian separatist region of Transnistria, intensifying energy and political tensions in Moldova. The European Union denounces a maneuver aimed at destabilizing the region.

Moldova Accuses Gazprom of Provoking an Energy Crisis in Transnistria

Moldova and Gazprom are at odds over a debt estimated between $9 million and $700 million, exacerbating Transnistria's energy crisis. The separatist region faces the risk of total power outages in the midst of winter.
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Russia Faces a 9,200-Ton Oil Spill in Sevastopol

The sinking of two Russian oil tankers caused an unprecedented 9,200-ton oil spill impacting the Kerch Strait and Sevastopol. This crisis highlights significant technological challenges and geopolitical tensions in the region.

Moldova: Power Outages and Energy Crisis in Transnistria

The end of Russian gas supplies via Ukraine plunges Transnistria, Moldova's separatist region, into a severe energy crisis, leading to power cuts for its residents and increasing tensions with Chisinau.

Russia Alerts on 73,000 Tons of Contaminated Sand After a Shipwreck in Crimea

The oil spill in the Kerch Strait caused by the shipwreck of two Russian tankers has contaminated 73,000 tons of sand, raising concerns about the costs and environmental impact in Russia and Crimea.
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Slovakia: Strong Gas Reserves in the Face of the End of Russian Transit

Slovakia claims readiness for the halt of Russian gas transit via Ukraine in 2025, despite financial costs and impacts on European markets. Reserves and alternatives ensure national energy security.

Ukraine ends Russian gas transit, impacting 14 billion m³ annually

The interruption of Russian gas transit through Ukraine affects 14 billion cubic meters annually, triggering major political and economic consequences for Eastern Europe.

Europe’s Nuclear Revival: Accelerating SMR Development

After years of focusing on renewable energy, the European Union is channeling resources into developing small modular reactors (SMRs) and strengthening its nuclear infrastructure.
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Europe: a surplus of regasification capacity in 2024

The rapid increase in regasification capacities in Europe exceeds actual LNG imports in 2024.

Moldova faces Gazprom amid $700 million debt dispute

Gazprom suspends gas deliveries to Moldova starting January 1, citing a $700 million debt dispute. This interruption, in the midst of political tensions, underscores the country's energy dependency.

Slovakia Faces €150 Million Increase in Russian Gas Costs

The halt of Russian gas transit through Ukraine threatens energy supplies in Eastern Europe. Slovakia could face a €150 million cost increase, amplifying political and economic tensions.
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Ukraine Receives Its First Shipment of American LNG

Ukraine, in its quest for energy independence from Russia, has received its first shipment of liquefied natural gas (LNG) from the United States. This marks a significant milestone in securing its energy supply.

Russia collects 30,000 tons of contaminated soil after an oil spill

Russia faces a major oil spill in the Kerch Strait. With 30,000 tons of soil already collected, criticisms are growing regarding the management and measures taken to mitigate the impacts.

Moldova supports 55% pro-European votes amid Russian pressures

Re-elected with 55% of the votes, Maia Sandu embodies the pro-European choice of Moldovans. This decision, however, faces external interference and a growing energy crisis.
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Ukraine Accuses Slovakia of Blocking €2 Billion Gas Transit

Ukrainian President Volodymyr Zelensky accuses Slovak Prime Minister Robert Fico of rejecting alternatives to Russian gas, jeopardizing a €2 billion annual transit agreement with the European Union.

Russia warns of 200,000 tons of soil threatened after an oil spill

The sinking of two oil tankers in the Kerch Strait has caused an oil spill, threatening 200,000 tons of soil and severely impacting local coasts and ecosystems.

Drone Attack in Russia Hits Oryol Depot with 20 Devices

The fuel depot in Stalnoy Kon, Oryol region, Russia, was targeted by a drone attack involving 20 devices, intensifying tensions around strategic energy infrastructure.
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Switzerland Faces Potential Loss of 29% Electricity as Nuclear Plants Near Shutdown

The Swiss government proposes lifting the ban on new nuclear power plants to offset the imminent loss of 29% of electricity supplied by aging reactors.

Flamanville’s EPR: 20 Years of Challenges for a New Energy Hope

The Flamanville EPR will be connected to the grid this Friday. After two decades of delays and cost overruns, this next-generation reactor marks a major milestone for French nuclear energy.