Four key components are needed to prepare Ukraine’s energy system for the next winter period and possible terrorist attacks from Russia. The relevant statement was made by Ukrenergo National Power Company CEO Volodymyr Kudrytskyi. According to Kudrytskyi, the key components are the physical protection of energy objects, the restoration of generating facilities, power equipment and…
Eesti Gaas, the Baltic-Finnish region’s largest private energy company, is set to enter Latvia’s household natural gas market starting from May 1 under the international brand name Elenger. “We believe that the entry of a new market player will certainly benefit gas consumers in Latvia, providing people with the opportunity to choose the most suitable…
The Energy Ministry this year will launch tenders for big capacities of generating energy from renewable sources and this process is aimed at getting the best price for energy for consumers. Energy Minister Victor Parlicov has made statements to this effect at a meeting with representatives of the principal business associations. The participants of the…
National Power Company Ukrenergo has signed an agreement with 15 system operators of European Network of Transmission System Operators for Electricity (ENTSO-E). It will allow Ukrenergo to seek assistance in unforeseen situations. “The agreement is another important contribution to Ukraine’s energy stability and resilience. Thanks to the solidarity and determination of our friends, Ukrenergo can…
The average electricity price in Latvia and Lithuania went down by 25% last year, as reported by Latvenergo representatives. The price went down in the entire Nord Pool region. Additionally, the average electricity price in Latvia and Lithuania the price was 56.22 EUR/MWh. In both trade regions it went down by 25% compared with the…
It is necessary to introduce sanctions against Russia’s nuclear industry, which continues to earn money that is used to finance the war in Ukraine. The relevant statement was made by Ukrainian Energy Minister German Galushchenko in an interview with Bloomberg. “What is also very important, following our discussion now, that is the sanctions on nuclear…
Lithuanian grid operator Litgrid is planning to carry out another 24-hour de-synchronization test from the Russian grid on April 22. According to Taavi Veskimagi, chair of Elering’s management board, Estonia is well prepared for the Lithuanian test to take place. However, having weighed up the potential benefits against the risks and costs involved, it does…