Energy

International Internet Magazine. Baltic States news & analytics Monday, 26.06.2017, 08:16

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Share of renewable energy resources in gross energy consumption increases in Latvia

Share of renewable energy resources in gross energy consumption increases in Latvia

21.06.2017

Provisional data of the Central Statistical Bureau (CSB) show that, in 2016 gross energy consumption1 in Latvia comprised 184.5 petajoules (PJ), which is only 0.3 % more than in 2016. Over the past five years (from 2011 to 2016), the gross energy consumption has not changed significantly, however the share of renewables in it has increased.

Keyword tags: Analytics, Energy, Latvia, Statistics



Lithuania's Achema to buy less gas from Statoil this year

Lithuania's Achema to buy less gas from Statoil this year

21.06.2017

Lithuania's fertilizer manufacturer Achema , the country's single largest natural gas consumer, should buy less gas from Norway's Statoil concern this year due to changes in the gas pricing policies, writes LETA/BNS according to Verslo Zinios business daily information.

Fortum to open 2nd district cooling plant in Tartu

Fortum to open 2nd district cooling plant in Tartu

21.06.2017

Fortum Tartu AS is about on Thursday to open its second district cooling plant in the south Estonian city of Tartu, built for an investment of 3.5 mln euros, reports LETA/BNS.


Estonia's Nelja Energia opens its first CHP plant and pellet factory in Latvia

Estonia's Nelja Energia opens its first CHP plant and pellet factory in Latvia

15.06.2017

Estonia's Nelja Energia, which operates also under the brand name of 4 Energia, today opened its first cogeneration (CHP) plant and pellet factory in Latvia, the company announced.

Electricity price declined on Estonian and Finnish power exchanges in May

Electricity price declined on Estonian and Finnish power exchanges in May

14.06.2017

The average market price of electricity in price area Finland and price area Estonia of the Nord Pool power exchange fell respectively 2.2% and 1.7% in May, which means that the month's average power exchange price was 30.67 euros per megawatt-hour in Finland and 30.66 euros per MWh in Estonia, writes LETA/BNS.


13.06.2017

Estonia's Saku beverage group eyeing switch to renewable energy within 5 years

Carlsberg Grupp, owner of the Estonian beverage group Saku Olletehas, is planning to switch all its plants fully to renewable energy by 2022, reports LETA/BNS.

13.06.2017

Western European electricity market Epex Spot eyes entering Lithuania

Epex Spot, the electricity market operating in Germany, France and other countries in Western Europe, intends to enter Lithuania, reports LETA/BNS.

12.06.2017

Lithuania's A.Zilinskio ir Ko pulled down by separated operation and lack of major projects

Lithuanian-owned energy company A. Zilinskio ir Ko last year netted 25.79 mln euros in revenue in 2016, down by 47.2%, from 48.813 mln euros, y-o-y, informed LETA/BNS.

09.06.2017

Russian businessman interested in Itera Latvija shares in Latvijas Gaze and Conexus Baltic Grid

Russian businessman Igor Makarov, the owner of international group Areti (formerly Itera), is interested in shares belonging to Itera Latvija in Latvijas Gaze and Conexus Baltis Grid natural gas companies, Itera Latvija board chairman Juris Savickis said LETA.

09.06.2017

Estonian PM: Ensuring gas supply in Baltics requires equal competition

Equal competition and best price for consumers are the preconditions for ensuring gas supply in the Baltics, Estonian Prime Minister Juri Ratas said on Friday after discussing the issue of the regional terminal for liquefied natural gas (LNG) with his Latvian and Lithuanian counterparts in Klaipeda, Lithuania, informed LETA/BNS.

08.06.2017

Lithuanian power plant's Unit 9 to produce electricity Friday

Electricity price will remain higher than usual on the market on Friday, therefore, Unit Nine of the Elektrenai power plant, which is operated by the Lietuvos Energijos Gamyba (Lithuanian Energy Production, LEG) will generate electricity, LEG spokesman Valentas Neviera confirmed to LETA/BNS.

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