Energy Market

International Internet Magazine. Baltic States news & analytics Friday, 04.12.2020, 15:46

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NordBalt power link offline due to failure in Sweden

NordBalt power link offline due to failure in Sweden

02.12.2020

The NordBalt power interconnection between Lithuania and Sweden went offline in the early hours of Wednesday due to a failure on the Swedish side, Lithuania's electricity transmission system operator said LETA/BNS.

Keyword tags: Baltic, Energy, Energy Market, EU – Baltic States, Lithuania



Elering to maintain renewable energy charge at 1.13 euro cents per kWh in 2021

Elering to maintain renewable energy charge at 1.13 euro cents per kWh in 2021

01.12.2020

The renewable energy charge collected from Estonian consumers for the payment of renewable electricity subsidies pursuant to the Electricity Market Act will remain at 1.13 euro cents per kilowatt-hour (kWh) without VAT in 2021, writes LETA/BNS.

 Latvenergo Group posts EUR 94.665 mln in profit in January-September

Latvenergo Group posts EUR 94.665 mln in profit in January-September

27.11.2020

Latvenergo Group posted EUR 564.359 mln in turnover in January-September this year, which is 9.1% less than in the same period of 2019, while the group's profit rose 52.6% to EUR 94.665 mln.


Fortum develops game-changing lithium recovery method

Fortum develops game-changing lithium recovery method

26.11.2020

Finnish energy company Fortum says it has developed a method to recycle lithium for rechargeable batteries that could help to usher in a smoother and more sustainable transition to electric vehicles (EV).

Merger of Latvijas Elektriskie Tikli with Augstsprieguma Tikls TSO completed

Merger of Latvijas Elektriskie Tikli with Augstsprieguma Tikls TSO completed

26.11.2020

A restructuring process in which Latvijas Elektriskie Tikli was unbundled from the state-owned energy company Latvenergo and merged with Augstsprieguma Tikls power transmission system operator has been completed, according to information available at Firmas.lv, writes LETA.


24.11.2020

Lithuania's wholesale electricity prices fall 28% w-o-w

Lithuania's average wholesale electricity price fell by 28% last week from a weak ago to 33.8 euros per megawatt-hour (MWh), Litgrid said, cites LETA/BNS.

20.11.2020

Estonia: Electricity market prices to rise to EUR 200 per megawatt-hour on Friday

From 5 p.m. on Friday evening, electricity market prices will rise to 200 euros per megawatt-hour during two hours and to 150 euros per megawatt-hour during one hour, being several times higher than normal electricity market prices, wirtes LETA/ BNS.

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