In 2004 and 2005 it also played the UEFA Women's Cup, where it reached the quarter-finals both times, losing to eventual champions Umeå IK and Turbine Potsdam.

[citation needed] This last European campaign marked the end of the club's golden era as it had to withdraw from the 2005 championship due to financial trouble, playing instead in the second tier.

Energiya returned to the top category in 2008, losing all 16 games but avoiding relegation due to the dissolution of Nadezhda Noginsk and SKA Rostov.

In 2009 it returned to the top positions, and in 2010 it qualified to the new UEFA Women's Champions League (where it was defeated in the Round of 16 by compatriot rival WFC Rossiyanka) by beating 2009 European runner-up Zvezda Perm in a last-week match for the second place.

However the club's comeback was short-lived, as in June 2012 it again had to disband its squad and withdraw from the premier category for financial reasons.