Lithuania: Elektrum Lietuva expanding

Independent power supplier Elektrum Lietuva, a part of Latvian energy group Latvenergo, is launching a new business and will help residents and businesses to install solar panels this month already. Elektrum Lietuva CEO Martynas Gina says the company is the first on the market to provide such services. Elektrum Lietuva has been operating in Lithuania…

Georgia: European partners to help reform energy sector

The Government of Georgia, the German government-owned development bank KFW and the French Development Agency (AFD) have signed a declaration on launching reforms for developing the energy market in Georgia and improve energy efficiency in the country. As Georgia’s Prime Minister Giorgi Kvirikashvili stated at the government meeting, the development of the country’s energy field…

Ukraine: energy sector to be demonopolized

The energy sector of Ukraine should be transparent, demonopolized and competitive. “We could have become a completely energy-independent country in previous ten years, but this did not happen. Now we have set a course for energy independence, energy saving and production of our own Ukrainian gas, which will be enough for us to meet the…

Ukraine: electricity production up in Q1 2018

Electricity production in Ukraine’s power grid increased by 3.8% YoY in January-March, to 44.543 billion kWh. Nuclear power plants (NPPs) reduced electricity generation over this period by 7.6%, to 21.983 billion kWh. Thermal power plants (TPPs), as well as combined heat and power plants (CHPPs) and cogeneration plants (CPs), increased production by 16.1%, to 17.614…

Ukraine: Croatia to assist in energy security

Ukraine maintains its interest in the Baltic, Adriatic, Black Sea Initiative put forward by the Croatian president and believes that joining it meets its objectives, Ukrainian Deputy Prime Minister for European and Euro-Atlantic Integration Ivanna Klympush-Tsintsadze has said. She stated this at a meeting with Croatian Prime Minister Andrej Plenkovic in Zagreb. “Ukraine is one…

Azerbaijan: power trade agreed with Iran

Iran has concluded an agreement with Azerbaijan for the purchase of 150 megawatt of power, a senior official said. Iran’s Energy Minister Reza Ardakania said that the agreement on his country’s power purchase from Azerbaijan was made during the recent visit of President Hassan Rouhani to Baku. The minister added that the two countries currently…

Armenia: nuclear energy production to grow

Armenia’s nuclear energy production will grow by 10% under the service life extension and modernization program of the second power unit of the nuclear plant, minister of energy infrastructure and natural resources Ashot Manukyan declared on March 21. According to him, the capacity factors of electricity production are currently equally distributed in Armenia. “Nuclear energy,…