Energy

International Internet Magazine. Baltic States news & analytics Tuesday, 23.05.2017, 08:04

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Natgas sales of Eesti Gaas grow 7.8% on year in April

Natgas sales of Eesti Gaas grow 7.8% on year in April

22.05.2017

The Estonian natural gas and electricity seller Eesti Gaas sold 38.6 mln cubic meters of gas in April 2017, which is 2.8 mln cubic meters or 7.8% more than in the same month last year.

Keyword tags: Baltic, Energy, Estonia, Gas, Gas Market



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.

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%.


15.05.2017

Tanker to deliver this year's 3rd LNG cargo for Lithuania's Achema

A new shipment of liquefied natural gas (LNG) from Norway's Statoil is to arrive in Klaipeda on Tuesday, marking the eight LNG delivery to the Lithuanian port since the start of the current gas year on Oct. 1, 2016 and the third one for the fertilizer manufacturer Achema, reported LETA/BNS.

15.05.2017

Lithuania-Sweden power link NordBalt down last week due to IT error

The Lithuania-Sweden power interconnection NordBalt was briefly offline last week due to an error of IT systems, writes LETA/BNS.

12.05.2017

RMK to soon decide on auction of Tootsi wind farm plot

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.

12.05.2017

Conexus Baltic Grid addresses market players in connection with storage of natural gas in Incukalns

Latvia's Conexus Baltic Grid gas transmission and storage system operator is addressing market players who potentially might store natural gas in Incukalns underground gas storage facility, the company's representative Janis Eisaks said at the conference “Towards an integrated regional natural gas market in the Baltic countries and Finland” today сiting LETA.

11.05.2017

Minister recalls Vassiljev and Tali from Eesti Energia supervisory board

Finance Minister Sven Sester, acting in his capacity as extraordinary general meeting of Eesti Energia, on Thursday recalled Veiko Tali and Rannar Vassiljev from the supervisory board of Eesti Energia and endorsed the new lineup of the supervisory board effective from May 12, 2017, informed Eesti Energia.

11.05.2017

Estonia wants 2nd LitPol Link line for Baltic synchronization with Europe

Discussions on one of the most important energy projects of the decade, which aims to disconnect the Baltic states from the Russian electricity system and connect them to Europe, are far from being finished, although the prime ministers of Lithuania, Latvia, Estonia and Poland agreed earlier this week to sign a memorandum of understanding next month, writes LETA/BNS.

11.05.2017

The EU`s transition to a low-carbon era is taking shape

The Second Report on the State of the Energy Union shows that the modernisation of the European Union economy and the transition to a low-carbon era are happening. In terms of greenhouse gas emissions, energy efficiency and renewable energy, Europe is on track to reach its 2020 targets. To further drive this process, the Commission today is announcing a new Energy Union tour.

10.05.2017

Lithuania switches on power plant's Unit 9 amid colder weather

The latest 455-megawatt combined-cycle gas block at U nit Nine of the Elektrenai power plant, which is operated by the Lietuvos Energijos Gamyba, was Wednesday switched on amid lower temperatures and increased need for electricity, as well as higher prices, reports LETA/BNS.

10.05.2017

Latvia puts company of Estonian businessman Indrek Kuivallik up for sale for EUR 33.3 mln

In what appears to be related to a tax dispute dating back several years, the Latvian state has put the company Polaris Invest OU belonging to Estonian businessman Indrek Kuivallik up for auction via a bailiff with a starting price of EUR 33.3 mln, writes LETA.

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