Moldova will contract a loan worth 300 million euros on behalf of the European Bank for Reconstruction and Development (EBRD) for the implementation of the project titled “Security of Natural Gas Supply”. The parliament’s commission for economy, budget and finances on July 6 approved a report to the draft law for the ratification of the…
Energy will definitely remain expensive in the future, governor of the Bank of Latvia Martins Kazaks has said. “There is no reason to keep glancing hopefully at the past – it will not come back, last year’s snow has already melted, so to speak,” said Kazaks in regards to the rise of energy prices. He…
The State Nuclear Regulatory Inspectorate of Ukraine and IAEA Director General Rafael Mariano Grossi have reached a full understanding that it is impossible to ensure the safety of the agency’s mission at the Zaporizhia NPP while it remains occupied by the Russian military. That’s according to the agency’s statement issued by the press service. “At…
Lithuania’s State Energy Regulatory Council (VERT) stripped Inter RAO Lietuva, a group owned by the Russian energy giant Inter RAO, of its electricity export, import and independent supplier licenses. The decision to revoke the import and independent supplier licenses, suspended in late May, was taken after the company failed to inform the watchdog until June…
Moldova has committed to speed up the reforms in the energy sector, being advantaged by the position of country candidate for accession to the European Union. Deputy Prime Minister, Infrastructure and Regional Development Minister Andrei Spinu made statements to this effect at the second High-Level Dialogue on Energy European Union-Moldova, held in Brussels. The event…
European grid operators are ready to implement immediately a long-term plan to bring the Baltic States, which rely on the Russian grid, into the European Union system in the event Moscow cuts them off, three sources familiar with the matter say. Concern about depending on Russia for any form of energy has mounted across Europe…
Just three months after the visa-free energy regime was launched, Ukraine began to export electricity towards Europe, namely to Romania. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal on Telegram. “On June 30, from 01:00 a.m., such exports were launched to Romania. The initial volume is 100 megawatts. The visa-free energy regime…