In December, the wholesale price of natural gas for heat producers receiving gas from the NJSC Naftogaz Ukrainy under the special terms of public service obligations (PSO) is UAH 6,103.1 per 1,000 cubic meters, the company’s press service reports. In November, the wholesale price of natural gas for heat producers receiving gas under the PSO…
The average electricity price in Ukraine in the second quarter was higher than in European Union member states. That is according to the European Commission’s Quarterly Report on European Electricity Markets. It particular, over the period under review, the highest electricity rates in Europe were registered in the Burshtynska Energy Island – the area of…
In October, electricity consumption using local production sources in Latvia was covered by 54%, while in October 2019 it was possible to produce 83% of the electricity needed in the country, according to Latvia’s electricity market survey compiled by the country’s power transmission system’s operator AS Augstsprieguma tikls. In October, 333,635 MWh of electricity was…
On November 16, within the framework of the Kazakhstan-Canada Business Council, a meeting of the Working Group in the field of energy and natural resources was held. The event was attended by about 160 participants from two countries. In their speeches, Vice Minister of Ecology, Geology and Natural Resources S. Brekeshev and Vice Minister of…
In October, electricity consumption in Ukraine’s electricity system amounted to 9.641 billion kWh, down by 1% YoY, the press service of Ukrenergo National Power Company reported. “According to Ukrenergo’s operational data, electricity consumption in Ukraine’s electricity system (net, excluding network losses) decreased by only 1% in October: 9.641 billion kWh against 9.724 billion kWh,” reads…
On November 5, Latvian-Russian border will be opened for energy imports from Russia to Baltic States,the transmission system’s operator Augstsprieguma tikls (AST) reports. This decision was made, considering that on November 3, Astravyets NPP became operational in Belarus and Lithuania decided to close the Belarusian-Lithuanian border for imports of energy from third countries to Baltic…
Latvia’s power transmission system operator AS Augstsprieguma tikls (AST) plans to invest EUR 405 million in development in a ten-year period from 2021 to 2030, according to the development plan approved by the Public Utilities Commission (SPRK). As reported by the company, the most considerable expenditures are associated with efforts to increase the transmission network’s…