Ukraine’s energy system works consistently and provides the required amount of electricity to consumers. “As for the operation of the energy system, I would like to note that it works consistently and covers the amount of electricity required by consumers,” Energy Minister of Ukraine German Galushchenko said at a briefing. He outlined the energy system…
The German group, after entering the cheapest bid for Estonian transmission network operator Elering’s tender, will construct three synchronous condensers in Estonia until 2024. Work is already underway on the first device in Pussi. The Elering tender that took seven months to prepare and another five to see through went the way of Siemens Energy,…
Coal reserves during the ongoing heating season for the first time exceeded last year’s figures, Andriy Herus, Chairman of the Verkhovna Rada Committee on Energy and Utilities, reported. “On January 14, coal stocks in the warehouses of TPPs and CHPPs for the first time during this autumn-winter period exceeded coal stocks reported on the same…
Latvian Minister of Economy Janis Vitenbergs intends to once again ask coalition partners to approve reduced value added tax (VAT) rate for electricity, natural gas, heating energy and fuel lumber, as confirmed by the minister’s public relations advisor Ineta Vilistere-Lace. She said the proposal, which could be reviewed at a meeting of the coalition council…
The state-owned energy firm Eesti Energia has signed a long-term purchase agreement with clean energy generator Octopus Renewables, acquiring with it a major wind farm in Finland, over a five-year term starting this year. Margus Vals, Eesti Energia board member, said: “This is another landmark deal which brings more green energy to consumers and helps…
In 2021, PJSC Ukrhydroenergo paid UAH 6.8 billion in taxes, fees and other obligatory payments to the budgets of all levels. “The company, as the largest budget-generating state-owned company, in 2021 paid taxes, fees and other mandatory payments to the budgets of all levels in the amount of UAH 6.8 billion with a target of…
In 2021, the Naftogaz Group commissioned 50 new wells at gas fields. “In 2021, our specialists commissioned 50 new wells (in 2020 – 41 wells were commissioned), including: 11 wells with a production rate of more than 100,000 cubic meters of gas per day and three wells with a production rate of more than 250,000…