The Polish government will allocate PLN 5.5 billion (EUR 1.2 billion) to mitigate high gas and electricity prices for energy-intensive firms in 2023-2024, the Prime Minister’s Office has announced. Although the current market prices of energy and gas are falling, many companies from the industrial sector are bound by long-term contracts with suppliers, based on…
The energy facilities’ repair campaign goes according to plan. “The situation in the energy sector. According to the Ministry of Energy, the repair campaign goes according to plan. Nuclear units. Five nuclear units with a capacity of 4.4 GW have been repaired. Four more units with a capacity of 3.4 GW are under repair,” Prime…
Ukraine’s National Nuclear Energy Generating Company Energoatom repaired five nuclear reactors at the country’s nuclear power plants this year, the company’s president, Petro Kotin, said. “All our nuclear reactors are gradually going through the period of repairs and overloading of nuclear fuel. To date, the fifth nuclear reactor in the country has been returned to…
The European Commission has approved, in accordance with EU state aid rules, a Bulgarian measure in the amount of 16 million euros to support the expansion of the Bulgartransgaz gas storage facility in Chiren. Bulgartransgaz will invest around 285 million euros to expand the capacity of the gas storage facility in Chiren, which is the…
The mission of the International Atomic Energy Agency (IAEA) to support and assist in the safety and security of ionizing radiation sources in Ukraine has been completed, the State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) reports. “On July 31, the SNRIU held a final meeting on the results of the IAEA mission to support and…
The prime ministers of Estonia, Latvia and Lithuania signed a joint declaration on August 3, agreeing to step up preparations and the deadline for joining the continental European power grid. Estonia is set to leave the Russian grid a year ahead of schedule. The Baltic States joining the grid was agreed between the three countries,…
The Government has simplified procedures for the installation of mobile gas turbine power generating units and related infrastructure. Bureaucratic obstacles to the installation of overhead power lines and substations have also been removed. This was announced by Prime Minister Denys Shmyhal. According to him, this will accelerate energy recovery and create a stronger, less vulnerable…