Energy Market

International Internet Magazine. Baltic States news & analytics Tuesday, 23.05.2017, 00:22

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Lithuania switches on Elektrenai plant as electricity price jumps

Lithuania switches on Elektrenai plant as electricity price jumps

22.05.2017

nit Nine at Lithuania's Elektrenai power plant was switched on after electricity prices in Nord Pool Spot's Lithuanian bidding area jumped on Monday, a spokesman for Lietuvos Energijos Gamyba (Lithuanian Energy Production) confirmed to LETA/BNS.

Keyword tags: Baltic, Energy, Energy Market, Lithuania



Electricity, natural gas prices for households in Latvia higher than in Estonia and Lithuania in H2 2016

Electricity, natural gas prices for households in Latvia higher than in Estonia and Lithuania in H2 2016

19.05.2017

Electricity prices for Latvian households were the 15th highest in the European Union in July-December 2016, while gas prices were the seventh lowest; however, electricity and gas prices in Latvia were both higher than in Lithuania and Estonia, according to Eurostat.

Eesti Energia supervisory board elects Vaino Kaldoja chairman

Eesti Energia supervisory board elects Vaino Kaldoja chairman

18.05.2017

The supervisory board of the state owned Estonian energy company Eesti Energia on Thursday elected Vaino Kaldoja as its chairman, Eesti Energia informed BC.


Increase in the energy produced in CHP plants in Latvia

Increase in the energy produced in CHP plants in Latvia

17.05.2017

atest data compiled by the Central Statistical Bureau (CSB) show that, in 2016 the volume of electricity produced in combined heat and power (CHP)1 plants kept increasing and accounted for 3 767.4 gigawatt hours (GWh), which constitutes 59 % of the total volume of electricity generated in Latvia. Compared to 2015, last year the volume of electricity produced in CHP plants grew by 7%, and the volume of heat (comprising 6 023.1 GWh) by 14%.

RMK to soon decide on auction of Tootsi wind farm plot

RMK to soon decide on auction of Tootsi wind farm plot

12.05.2017

The supervisory board of the Estonian state forest manager RMK held a meeting on Friday to decided how to hold the auction of the Tootsi wind farm plot and a decision regarding the auction should be made in the next few days, informed LETA/BNS.


12.05.2017

Electricity price grows in April due to maintenance at Olkiluoto power plant

An increase in the price of electricity on the Nordic electricity exchange Nord Pool (NP) in April was mostly related to the annual maintenance work carried out at the Olkiluoto nuclear power plant in Finland, and at the same time the price was under pressure by a relatively good level of Nordic and Baltic hydro reservoirs, informed LETA/BNS.

11.05.2017

Unsupported electricity market should be operating in Estonia in 2030

Estonian Minister of Economic Affairs and Infrastructure Kadri Simson on Wednesday presented to the parliament the national development plan of the energy sector until 2030, noting that by 2030 Estonia must have an independent, unsupported and open fuel and electricity market, writes LETA/BNS.

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