Estonia and Latvia are planning an agreement, which would permit the joint purchase of Liquefied Natural Gas (LNG), in the event of a shortage. Minister of Climate Kristen Michal (Reform) said late last week: “We are preparing an agreement with Latvia, in case the situation on the natural gas market should change to the extent…
The synchronisation of Baltic power networks with that of continental Europe could happen in 2024, according to the European Commissioner for Environment, Oceans and Fisheries Virginijus Sinkevicius. He added that the existing technical problems could be solved and it should be done. “I have told the commission that we have to guarantee all three Baltic…
Ukrainian state-owned company Centrenergo, which is managed by the State Property Fund of Ukraine (SPFU), has started exporting electricity for the first time. “On April 26, Centrenergo started exporting electricity for the first time in its history. Moldova became the first foreign buyer,” the SPFU said. Centrenergo noted that exports would allow the company to…
Since the start of Russia’s full-scale invasion, DTEK’s energy companies have restored electricity supply to 4.3 million families in Donetsk region. “DTEK power engineers continue to work every day to repair the power system in Donetsk region. Since the beginning of Russian full-scale war, our specialists have restored electricity to the homes of 4.3 million…
Latvia’s government has halted plans to build a liquified fossil gas (LNG) terminal, although campaign groups warn that relying on fossil gas from Estonia, an option the two governments are now exploring, is a false solution. Few countries in Europe managed to slash their use of fossil gas in 2022 as much as the three…
Ignitis Group international energy company decided to allocate 10%, or EUR 12 million, of surplus profits to support the energy sector of Ukraine. “We have the first case, it’s a Lithuanian company that has decided to allocate 10% of extra profits to support Ukraine’s energy sector,” Energy Minister of Ukraine German Galushchenko stated. According to…
Mateusz Morawiecki, Poland’s prime minister, has noted that the investment by Bosch in Dobromierz, southwestern Poland, will serve as a contribution to effective energy transformation in Poland and to the development of the region. Bosch, a German multinational engineering and technology company, announced on April 19 that it would invest PLN 1.2 billion (EUR 260…