Dainius Kreivys, the conservative minister of energy, said that the biggest factor in the rise of electricity prices was the tenfold increase in the price of natural gas due to Russia’s “energy war against Europe”. Kreivys answered questions about energy prices and the government’s measures to contain them in the Lithuanian parliament, Seimas, in the…
Jacek Sasin, Poland’s state assets minister and a deputy prime minister, has proposed a 50% windfall tax on power companies, which have profited from rising energy prices. Energy prices in Poland have increased rapidly owing to a combination of factors, including the Ukraine war and a boycott of Russian oil and gas. “I have suggested…
Lithuanian lawmakers backed government’s proposal to introduce a zero VAT rate on district heating for two more winter seasons after 111 MPs voted in favour and nine abstained. As some MPs were concerned that the rate would apply to district heating only, Prime Minister Ingrida Simonyte pointed out that the state’s electricity and gas price…
Gas group PGNiG has said that it has secured gas supplies for the entire 2022-2023 heating season and that it would utilise 100% of the Baltic Pipe’s capacity planned for this year. The war in Ukraine, the Polish boycott of Russian energy and intense international competition for carbon fuels has led to fears of an…
The National Agency for Energy Regulation (ANRE) has approved the increase in the gas rates. Thus, from October 1 the gas price will rise from 22.99 lei to 29.26 lei for end consumers. According to ANRE, when determining the gas price supplied by the license holder, the following parameters were taken into account: the increase…
During his working visit to New York, the USA, on September 22, Prime Minister of Ukraine Denys Shmyhal held a meeting with Prime Minister of Japan Fumio Kishida. The parties discussed the challenges associated with russian aggression against Ukraine, in particular the threat of nuclear terrorism from russia. “The key global challenge today is the…
A total of 349 energy infrastructure facilities have been damaged in Ukraine since the Russian full-scale invasion started, including 11 combined heat and power plants (CHPPs) and three thermal power plants (TPPs). The relevant statement was made by Ukrainian Communities and Territories Development Minister Oleksiy Chernyshov in his online speech during the Local Self-Government Forum…