In June-October 2023, Energocom company purchased about 600 million cubic meters of gas (or 6.37 million MWh) at an average price of $410 per thousand cubic meters (35.07 euros/MWh). On June 6-October 5, 2023, more than 40 tenders were organized for the procurement of natural gas both from own sources and from the account of…
The entire Baltic power grid is basically ready to disconnect from BRELL at any moment, as confirmed by the new chairman of Augstsprieguma tikls (AST) Rolands Irklis. He said Russia’s provocations in relations to disconnecting from BRELL until February 2025 were considered a realistic scenario. “We know there could be something unexpected from our neighbour.…
Bulgaria and the United States have formally sealed an agreement to collaborate on the construction of two new units at the Kozloduy Nuclear Power Plant (NPP). The pact, signed by Bulgarian Energy Minister Rumen Radev and US Assistant Secretary for International Affairs Andrew Light, outlines cooperation in nuclear power development and technology exchange. According to…
Under the close coordination of the Ministry of Energy, JSC Kharkivoblenergo received important special equipment – truck cranes with a lifting capacity of 18 tons, purchased at the expense of the Ukraine Energy Support Fund. “Kharkiv region is one of the regions where energy facilities are targeted by the enemy every day. However, local power…
Bulgarian Ministers Rumen Radev of Energy and Assen Vassilev of Finance have recently engaged in high-level talks with US Secretary of Energy Jennifer Granholm in Washington, D.C., focusing on critical energy issues. The meeting underscored the importance of bilateral cooperation in nuclear technology, energy diversification and enhancing energy security. Central to the discussions was Bulgaria’s…
Energy expert Ivan Hinovski has issued a stark warning about Bulgaria’s future energy prospects, highlighting the imminent threat of losing all base capacities until 2038. Hinovski emphasized the critical importance of securing the agreement for the seventh unit of the Kozloduy Nuclear Power Plant (NPP) to ensure a reliable energy source in all weather conditions.…
Poland’s wind sector set three new records on February 3, with its highest-ever momentary, hourly and daily power output. So far this month, renewables have generated almost 43% of Poland’s electricity. Throughout February 3, wind farms in Poland operated above output of 8 GW every hour of the day, compared to around 10 GW of…