Latvia: budget for 2021 lacks ambition

The proposed Latvian state budget for 2021 is sustainable, yet it lacks ambition, said Latvijas Banka’ President Martins Kazaks. “If I look at this story in general, I’m missing ambition”, evaluated the President of the Latvian central bank. Kazaks noted that, for example, the role of Riga in the Latvian economy had not been appreciated.…

Ukraine: EUR 300 million to be attracted from EIB to improve energy efficiency

The Cabinet of Ministers of Ukraine has adopted two resolutions to attract a EUR 300-million loan from the European Investment Bank (EIB) for energy efficiency, the Ukrainian Communities and Territories Development Ministry reports. The implementation of the resolution “On attracting a loan from the European Investment Bank for the implementation of Ukraine’s Public Buildings Energy…

Ukraine: electricity transmission tariff to rise

NPC Ukrenergo proposes to increase the tariff for electricity transmission by almost 2.7 times, to UAH 640.48/MWh, starting from November 1 and to set green metallurgy tariff at UAH 108.83/MWh (as of August 1 the tariff for transmission was UAH 240.23/MWh, excluding VAT). The draft changes to the tariff for public discussion have been published…

Estonia: Harju Elekter inks EUR 20-million contract with Finnish grid distributor

Electrical equipment manufacturer Harju Elekter has concluded an eight-year, approximately EUR 20-million framework agreement with regional Finnish electricity distribution system operator Elenia OY. The parties signed the first agreement for the years 2021-2023, which granted the Finnish company the right to organize mini-tenders among partners who entered into the framework agreement. Additionally, a supply contract…

Turkmenistan: impact of transport on climate change reviewed with ESCAP participants

Turkmenistan has participated in the discussions of the UN Economic and Social Commission for Asia and the Pacific (ESCAP) about the impact of transport on climate change. During the meeting, issues of cooperation within ESCAP and prospects for its promotion were discussed. Turkmenistan pays special attention to finding solutions to climate change problems, reducing the…