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…
In September and October wind power plants in Latvia doubled their yield of electricity for the country’s total balance when compared to the previous four months, according to information compiled by AS Augstsprieguma tikls. The total balance of wind energy was 4.3%, or 16,381 MWh in September and 4.06% or 15,851 MWh in October. The…
Tryfanivka solar power plant has produced 12.5 million kWh of “green” electricity since the beginning of 2018. On November 23 the plant achieved its annual target thanks to a large number of sunny days. All this electricity is enough to power half of households based in Velykooleksandrivsky district, Kherson region, for a year. Moreover, 12.5…
About 1.5 billion kWh of electricity was exported by Tajikistan to Uzbekistan in April-September 2018. First deputy chairman of Barki Tochik, Mahmadumar Asozoda, more precisely stressed that for this period 1 billion 480 million kWh of Tajik electricity was exported at a price of $0.02 per kilowatt. Representative of Barki Tochik said that since September…
The Estonian Competition Authority on November 19 rejected a complaint by Eleon Group, an energy company owned by Andres and Oleg Sonajalg, which contested the authority’s decision to allow the merger of renewable energy producer Nelja Energia and the Estonian state-owned energy group Eesti Energia. The Estonian Competition Authority said that it had not violated…
As of November 14 there were 17 billion cubic meters of gas in Ukrainian underground storage facilities. Thus, Ukraine has consumed 200 million cubic meters of gas since the start of gas extraction, the press service of NJSC Naftogaz of Ukraine reported. The company noted that current gas stocks were 300 million cubic meters or…