Prime Minister Denys Shmyhal says that Ukraine plans to put into operation about 1 GW of generation in 2025. “We pay great attention to the restoration of energy facilities. We continue repairs. We launch new generation. We help people and businesses install additional capacity. About 1 GW of generation is planned to be put into…
During the past week, fuel prices across the Baltic capitals moved in different directions. In Riga, prices fell noticeably, while Tallinn saw increases, and in Vilnius, only petrol prices changed. At the end of the workweek, Tallinn recorded the highest petrol prices, followed by Riga and Vilnius. On the other hand, Vilnius had the most…
During a meeting of EU energy ministers in Warsaw, Ukraine’s Minister of Energy German Galushchenko held bilateral talks with France’s Minister of Industry and Energy Marc Ferracci. The parties discussed areas of cooperation to enhance Ukraine’s energy resilience and strengthen energy security. The head of Ukraine’s Ministry of Energy expressed gratitude to France for the…
The liberalization of the electricity market for households – meaning that residential consumers would join the free electricity exchange where businesses have traded for years – is being postponed. At least for now. The reform was supposed to take effect on July 1, following an initial 365-day delay approved by Parliament in 2024. In the…
The Latvian government decided this week that the Ministry of Climate and Energy (KEM) would evaluate cooperation opportunities with Estonia regarding the development of nuclear energy regulations and the construction of a nuclear power plant. On May 6, Latvia’s Cabinet of Ministers reviewed a report drawn up by the KEM regarding nuclear energy development opportunities…
A Czech court on May 6 temporarily blocked the government in Prague from signing a multibillion-dollar agreement with South Korea for the construction of two nuclear reactors, according to multiple reports, making it highly unlikely that an official contract would be concluded this week. A South Korean consortium led by Korea Hydro & Nuclear Power…
The Energy and Water Regulatory Commission (EWRC) has approved the natural gas price in Bulgaria for May, setting it at 64.40 BGN per megawatt-hour (MWh), excluding fees for access, transmission, excise, and VAT. This marks a 14.22% decrease compared to the rate for April. The pricing structure includes the full contracted volume of Azerbaijani natural…