Amid a surge in heating and electricity costs, the Lithuanian government has moved to cap the prices for consumers starting in January next year, spreading out the increase over five years. “To contain the price shock, we plan to cut off the peak of the price hike to spread it over the next five years.…
One of the key issues in Ukraine-Turkmenistan bilateral relations is the resumption of cooperation in the energy sector, which requires new approaches, new models and proposals, Ambassador Extraordinary and Plenipotentiary of Ukraine to Turkmenistan Viktor Maiko has said. He noted that Turkmenistan had been the only supplier of natural gas to Ukraine until 2006. But…
Uzbekistan’s Energy Ministry and the Uzatom Agency have reached an agreement with the Hungarian delegation on sending Uzbek specialists to the construction sites of the PAKS-2 nuclear power plant NPP. The parties came to a mutual opinion that detailed monitoring of the work at the NPP in Hungary would be very useful for Uzbek specialists.…
At a meeting on September 22, the Cabinet of Ministers approved the procedure for the mandatory sale of electricity by producers through electronic auctions. “From now on, electricity producers, regardless of ownership (except for those producers who have a green tariff and electricity producers who have acquired the right for support as a result of…
Opposition parties are calling on the government to help mitigate the effects of rising electricity prices after new records were set several times last week. Last week, the government said it did not have plans to control rising prices. Both Isamaa and the Social Democratic Party (SDE) initiated bills on September 20 to lower the…
The share of renewable electricity in Estonia’s total electricity consumption was 28.9% in the second quarter of this year, up from 24.7% in the same three-month period in 2020, the country’s transmission system operator Elering said on July 19. In the second quarter, Estonian power plants produced 602 gigawatt-hours of renewable electricity, up by 23%.…
The Ukrainian energy sector needs to be reformed, Prime Minister Denys Shmyhal has said in his speech at the Ukrainian Energy Forum. “Ukraine’s energy sector needs to be reformed, so we must work together to make, develop and implement the best model for effective changes in Ukraine’s energy sector. In recent years, decarbonization, environmental impact…