Energy in Central and Eastern Europe

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Energy in Central and Eastern Europe

Energy in Central and Eastern Europe

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Regional Capabilities

Central and Eastern Europe is demonstrating economic growth after the recession, and energy remains one of the region’s key industry sectors. The global economic crisis impacted the priorities of energy resources in demand to ensure sustainable power generation and supply in the region in the circumstances of limited investments and financings. Oil prices are volatile; fossil fuels drive power generation in the region. Renewables support schemes are rationalized; however, renewables still remain expensive. Significant effort is needed to reduce environmental impact and tackle climate change.

Collectively as a region and separately as individual countries, the CEE presents enormous opportunities. Stable and competitively priced, these growing economies boast huge potential for expansion.

Dentons’ legacy firms were pioneers in advising international clients on the largest and most complex transactions in the CEE jurisdictions during the post-Cold War emergence of their capitalist economies. Today Dentons remains the preferred legal advisor in the region, handling the most significant and high-profile deals and disputes. Clients trust Dentons’ highly experienced lawyers in our Bratislava, Bucharest, Budapest, Istanbul, Prague and Warsaw offices, which are connected to a network of strategically placed alliances elsewhere in the wider region, and extend from Madrid to Almaty.

With Dentons you can connect and work with more than 50 energy lawyers in the CEE jurisdictions. We offer you effective solutions across the energy sector, including transactions and dispute resolution in:

Upstream and downstream oil and gas
Nuclear
Renewables and unconventional energy
Conventional generation
Transmission and distribution
Retail electricity and natural gas supply
Pipeline and maritime transportation
LNG, oil and gas trading
Energy market reform
Privatization of energy enterprises

Recognition

Dentons recognized as one of the world’s top 10 arbitration firms

March 25, 2024

Dentons, the world's largest global law firm, has ascended into the top 10 of the Global Arbitration Review's GAR30 ranking of international arbitration law firms globally for 2024.

Dentons wins the Law Firm Ranking of the Rzeczpospolita daily

June 23, 2023

Dentons’ Warsaw is not only the largest law firm in Poland, but it has also come top in this year’s Rzeczpospolita daily’s Ranking of Law Firms. Our lawyers came first in 11 categories, and we received team and individual recognition as "Leaders on the legal market".

The 2022 edition of IFLR1000 confirms Dentons strong market position across EMEA

September 15, 2022

The newest edition of IFLR1000, the guide to the world's leading financial and corporate law firms and lawyers, recognized 194 Dentons lawyers in 32 jurisdictions across Europe, Middle East and Africa (EMEA) as leaders in their respective fields.

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Insights

Romania looks to boost PPAs following RED III transposition

February 28, 2025

Romania: The target for renewable energy consumption in Europe is to reach at least 42.5 percent by 2030 for all sectors, under Directive (EU) 2023/2413 of the European Parliament and of the Council. Known as RED III, it encourages the conclusion of power purchase agreements (PPAs) by requiring member states to adopt various measures.

Amendments to the Capacity Market Act. Key Changes and Implications

February 25, 2025

On 24 January 2025, the Polish President signed an amendment to the Capacity Market Act. The amendment is aimed at introducing mechanisms that will help ensure Poland's energy security in the coming years. The main changes include the introduction of supplementary auctions and the extension of support for units that do not meet emission standards.

How the planned extension of the deadline for adoption of general plans will affect RES projects?

February 25, 2025

The reform of spatial planning adopted in 2023 introduced so-called “general plans” (Polish: plany ogólne), as a new comprehensive planning tool that were supposed to replace by the end of 2025 the existing studies of conditions and directions of spatial development (Polish: studia uwarunkowań i kierunków zagospodarowania przestrzennego).

View all insights for Energy in Central and Eastern Europe