The Polish government has agreed to trade unions’ demands to offer further support to energy-intensive companies this year amid an ongoing energy crisis. Prices of energy commodities rose after Russia invaded Ukraine in February 2022 causing a number of energy-intensive Polish companies to struggle with energy costs. The agreement between the government and the Solidarity…
In Donetsk region, power supplies were cut off to 34 settlements due to ongoing hostilities, while some household consumers across five more regions remain without electricity due to the previous strikes by Russian invasion forces. Zaporizhzhia, Sumy, Kharkiv, Kherson and Chernihiv regions are partially de-energized due to the latest strikes, the Ministry of Energy has…
The Government has approved a decision to increase the electricity tariff for households to UAH 2.64 per kW. According to the Minister of Energy of Ukraine, German Galushchenko, this decision is extremely difficult, but necessary for large-scale preparation of the power system for the next heating season, which is underway at the country’s energy facilities.…
Olerex, an Estonian fuel retailer, is purchasing 45 gas stations in Latvia under the brand name Latvijas Nafta. This is the fourth Latvian gas station chain that Olerex has acquired in the past two years. Olerex acquires the Latvian tank terminal from its current proprietor, East-West Transit, via its holding company, Aqua Marina. Olerex entered…
Energocom company has extended the electricity purchase contract with the Moldovan Thermal Power Plant from the Transnistrian region (MGRES), for June to purchase about 303 thousand MWh. This quantity is 95% of the necessary consumption of the right bank of the Dniester River. The price is $66/MWh, agreed in late March, for a period of…
Poland’s nuclear power company, Polskie Elektrownie Jadrowe (PEJ) has signed an agreement with the US firms Westinghouse and Bechtel on setting up a design and engineering consortium for the construction of a nuclear power plant (NPP) in Poland. The NPP, Poland’s first, is to be built in the northern region of Pomorze using Westinghouse technology.…
Poland’s state-owned fuel company PKN Orlen will announce 13 more locations for BWRX-300 small modular (nuclear) reactors (SMRs), the company’s CEO, Daniel Obajtek, has said. In mid-April, Obajtek announced seven preliminary sites where Orlen Synthos Green Energy (OSGE), a special purpose vehicle created by Orlen and the Polish chemical firm Synthos, could build BWRX-300 reactors…