The Thermal Power Plant “Bobov Dol” announced a temporary cessation of its operations, primarily attributed to the prevailing low electricity prices on the power exchange, as stated by the Executive Director, Eng. Lyubomir Spasov on January 4. The facility is undergoing maintenance, with one unit scheduled to resume operations by the following morning, and the…
The Zaporizhzhia Nuclear Power Plant specialists took measures to ensure the supply of backup power in the event of the breach at the main external power line, as happened repeatedly since the full-scale invasion. This was stated by IAEA Director General Rafael Mariano Grossi. After the shutdown of the only 750 kV line remaining at…
The Government has decided to extend the PSO for electricity until the end of April next year. This was announced by Prime Minister Denys Shmyhal. “As promised, the price of electricity for household consumers will remain at UAH 2.64 per kWh. This will allow us not to increase the burden on family budgets during the…
The Harmony Link power interconnection between Lithuania and Poland will be built on land and will run alongside the European standard-gauge railway Rail Baltica, Energy Minister Dainius Kreivys has said. “It has now been agreed that Harmony Link will be built on land, rather than at sea, alongside the Rail Baltica tracks,” Kreivys said. This…
Azerbaijan’s Ambassador to Bulgaria, Huseyn Huseynov, said that Azerbaijan remained receptive to considering the acquisition of Bulgaria’s Lukoil Neftohim Burgas oil refinery. However, as of now, there has been no concrete proposal put forth for consideration, as stated by the Ambassador. His remarks have been echoed in various media outlets in Azerbaijan, Russia and Ukraine…
The Ministry of Energy has prepared Guidelines and recommendations for attracting sustainable financing needed to rebuild and develop Ukraine’s energy sector. The elaborated document was presented to more than 60 representatives of the largest energy companies during an online event organised by the Ministry of Energy jointly with the Reform Support Office of the Ministry…
The cooperation between the Ministry of Energy of Ukraine and the United States Agency for International Development (USAID) through the Energy Security Project (ESP) allows implementing projects to reform the energy sector, integrate Ukrainian energy markets into European ones, and strengthen Ukraine’s energy security in general. In 2023, a number of meetings were held at…