Latvia: electricity price reduces for households

From Q4 2019 onward the price of electricity has reduced, according to the latest market data from the Public Utilities Commission (SPRK). Prices benefit from warm weather and recovery of water reserves, which allows increasing the power production output at hydroelectric power stations. Last year’s lowest average monthly electricity price in Nord Pool exchange was…

Ukraine: electricity consumption down amid quarantine

Ukraine has cut electricity consumption by over 5% since the introduction of quarantine over COVID-19. “Since the introduction of quarantine measures, electricity consumption in the energy system of Ukraine has decreased by more than 5% at almost the same air temperature,” the press service of state-run Ukrenergo, which operates the country’s integrated power grids, has…

Georgia: electricity consumption up in February 2020

Electricity consumption in Georgia in February increased by 9.9% YoY and amounted to 149.23 million kWh, the Electricity System Commercial Operator of Georgia (ESCO) reported. According to ESCO, electricity consumption by cryptocurrency factories and manufacturers increased by 57.6%. In the reporting period, Tbilisi consumed 8.5% more electricity than in the same period last year. As…