The Cabinet of Ministers has decided to strengthen the responsibility of distribution system operators for abuse on the electricity market, Ukrainian Prime Minister Oleksiy Honcharuk has said. “We are strengthening the responsibility of natural monopolies for abuse on the electricity market. In Ukraine, distribution system operators (that is, the same “natural monopolies”) often abuse their…
Eesti Energia offered the highest bid at the auction for the land at Tootsi wind farm, organized by the State Forest Management Center (RMK). The final price was EUR 51.5 million. The final price was more than four times higher than the starting price. Four bidders took part in the auction: Eesti Energia AS, OU…
The state-run enterprise Energoatom, the operator of Ukraine-based nuclear power plants, generated 7.825 billion kWh of electricity in January, up by 126.6 million kWh, or by 1.6% from the target set for the period. Over the period under review, Energoatom’s power plants sold 7.375 billion kWh of electricity, up by 149.1 million kWh. The plan…
Ukraine’s Deputy Minister of Energy and Environmental Protection Oleksiy Riabchyn and Norway’s State Secretary in the Ministry of Petroleum and Energy Odd Emil Ingebrigtsen have discussed the development of Ukrainian-Norwegian cooperation in the energy sector. They met in Oslo on February 12. The meeting was also attended by Ukraine’s Ambassador to Norway Vyacheslav Yatsiuk and…
The National Bank of Ukraine (NBU) forecasts a temporary reduction by around 66.7% in gas imports in 2020, to 5 billion cubic meters. This is due to high gas stocks in the country’s underground storage facilities (USFs), according to the NBU’s January 2020 Inflation Report, published on the regulator’s website on February 6. However, Ukraine…
Wind complexes and other socially significant objects are planned to be launched in Arshaly district of Akmola region, the regional communications service of the internal policy department reports. KZT 47 billion was invested in the economy of Arshaly district as part of the first complex construction of TsATEK Green Energy LLP wind park. In September…
Ukraine’s Energy and Environment Minister Oleksiy Orzhel has announced a reduction in prices of natural gas soon. “The signing of the agreement with Russia’s Gazprom helped stabilize the market situation, and accordingly there are all positive factors for reducing prices,” he has said on Facebook. According to him, the Cabinet of Ministers made the appropriate…