In connection with the accident on December 12 on the Artem-Makhachkala power line of the Russian energy system, Azerbaijan’s energy system provided the Dagestan power grid (Derbent substation) with electricity of 140-160 MW from 08:52 to 20:51 (GMT +3), Azerenergy OJSC reported. Energy was exported on the basis of an agreement on mutual assistance in…
Head of State Nursultan Nazarbayev put on-stream the Burnoye solar power plant in Zhambyl region and the windmill farm in Mangistau region at the nationwide teleconference. “The 100 MW solar farm in Zhambyl region is the joint Kazakh-British project. It is the largest solar power plant in the CIS. The EBRD has also lent its…
New electricity tariffs may be approved in 2019, Deputy Head of the State Agency for Regulation of the Fuel and Energy Complex, Mirgul Aidarova, declared at a round table discussion. According to her, the peak of loan payments will come in 2025 – 11 billion soms. Kyrgyzstan has to determine the sources of financing by…
Natural gas reserves in Ukraine’s underground storage facilities (USFs) have shrunk by 9.6%, or by 1.65 billion cubic meters, to 15.5 billion cubic meters since November 7, when Ukraine started pumping out gas from its stocks. As of December 8 gas reserves in the country’s USFs were estimated at 15.542 billion cubic meters, down by…
Electricity consumption is increasing in Kyrgyzstan, National Electric Network of Kyrgyzstan reported. In November this figure reached 1,673 billion kilowatt-hours. According to the central dispatching department of NENK, in November 2017 electricity consumption was 1,356 billion kilowatt-hours. (24.kg/Business World Magazine)
The World Bank (WB) is working with Azerbaijan’s Ministry of Ecology and Natural Resources to examine different options of the “green economy” development, Head of the WB Baku Office Naveed Naqvi reported. The bank has also been able to mobilize funds from the Korean Green Growth Trust Fund, to support green economy in Azerbaijan. Naqvi…
Lithuania’s National Commission for Energy Control and Prices approved new around 15% higher power prices for households for 2019. Under the most popular “standard” plan, the single time interval tariff will rise by 15%, or by 1.7 cents, to 13 cents per kWh. In the case of the dual time interval, the day tariff will…