Moldova makes important steps to attract foreign investors to the country. An extra proof is a Moldovan-Portuguese economic forum organized in Chisinau, with the participation of President Maia Sandu and her Portuguese counterpart Marcelo Rebelo de Sousa. In the context, Parliament Speaker Igor Grosu had a constructive discussion with representatives of the Greenvolt Portuguese company,…
“The European Commission has been notified of the recently taken measure by Bulgaria regarding gas supplies. We are in close contact with Bulgaria and the other affected countries to assess and discuss the possible repercussions of this measure,” said a spokesperson of the EC at a press conference in response to questions related to the…
Due to bad weather, shelling and technological disruptions, consumers in 9 regions were cut off from electricity on October 30; restrictions on electricity production from renewable energy sources amounted to over 892 MW. Due to unfavourable weather conditions, 100 settlements in 6 regions – Donetsk, Zhytomyr, Kyiv, Kharkiv, Sumy, and Chernihiv – remain without power…
Dependence on russian energy sources is a direct threat to the national security of countries. This was emphasised by Minister of Energy of Ukraine German Galushchenko in a video address to the participants of the Baltic Energy Forum. The head of the Ministry of Energy noted that russia had long been using energy as a…
Average electricity prices for households in the first half of 2023 in the European Union were the lowest in Bulgaria (11.4 euros per 100 kWh). After a significant price increase that began before Russia’s invasion of Ukraine but spiked in the second half of 2022, electricity and gas prices are stabilizing, the EU statistics office…
As part of the 3rd German-Ukrainian Energy Day in Berlin, German Galushchenko, Minister of Energy of Ukraine, met with representatives of the German business community. The meeting was attended by representatives of Notus energy, OA, Siemens Energy LLC, Schneider Group, Andritz Hydro, Uniper SE, 50 Hertz and others. “We are grateful to the German government…
The combination of active and passive protection of energy infrastructure facilities will reduce risks in case of Russian massive attacks. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal at a meeting of the Cabinet of Ministers of Ukraine. “It will be challenging, but Ukraine will endure,” Shmyhal said. In his words, with…