Energy

International Internet Magazine. Baltic States news & analytics Wednesday, 26.06.2019, 09:36

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Tariffs of Rigas Siltums municipal heating company to grow 16.9% for two years

Tariffs of Rigas Siltums municipal heating company to grow 16.9% for two years

26.06.2019

Starting from July 1, 2019, until July 31, 2021, the tariffs of Rigas Siltums municipal heating company will amount to EUR 51.0 per MWh, which is by 16.9 percent more than at present, and later, the tariffs will be lowered to EUR 49.99 per MWh, LETA learned from the Public Utilities Commission.

Keyword tags: Energy, Energy Market, Latvia



Generation of electric power in Latvia down 25.2% in five months

Generation of electric power in Latvia down 25.2% in five months

25.06.2019

During the first five months of 2019, Latvia generated 2.677 gigawatt-hours (GWh) of electric power, down 25.2% from the same period last year, according to an electricity market review released by Augstsprieguma Tikls transmission system operator, informed LETA.

Latvia’s energy sector: challenges and prospects

Latvia’s energy sector: challenges and prospects

21.06.2019

While possibly regarded as the back-bone of the existence of most economic activities, Latvia's energy sector is currently facing a number of challenges.


Energy consumption upturn in both production and consumption in Latvia

Energy consumption upturn in both production and consumption in Latvia

21.06.2019

Data of the Central Statistical Bureau (CSB) show that, in 2018 gross energy consumption1 in Latvia comprised 202.3 petajoules (PJ), which is 5.9 % more than in 2017. Over the past five years (from 2014 to 2018), the gross energy consumption grew by 8.6 %, however the share of renewables in it almost did not change. Amount of electricity produced in hydro and wind power plants down by 43.6 %.

Ministry: Estonia supports movement toward climate neutrality

Ministry: Estonia supports movement toward climate neutrality

21.06.2019

Estonia continues to support movement toward climate neutrality and is working toward the goal of achieving it by 2050, the Ministry of the Environment said on Friday.


21.06.2019

New LNG shipment arrives in Lithuania's Klaipeda from Russia's Vysotsk

new shipment of liquefied natural gas (LNG) from the Russia port of Vysotsk arrived in the Lithuanian port of Klaipeda on Friday. The LNG shipment from Russia's largest private gas company Novatek is likely meant for the Jonava-based fertilizer producer Achema, informed LETA/BNS.

21.06.2019

Lithuanian, Polish operators ask for EU support for submarine Harmony Link cable

Lithuanian and Polish power transmission companies Litgrid and PSE have asked the EU for financial support to carry out feasibility studies for a new Baltic submarine cable, reported LETA/BNS.

20.06.2019

Implementation roadmap for Baltic grid synchronization project signed Thursday

The state and government leaders of Estonia, Latvia, Lithuania and Poland as well as the president of the European Commission on Thursday signed the implementation roadmap of the Baltic power grids' synchronization with the continental European system, reported LETA/BNS.

20.06.2019

Lithuania's Amber Grid reports sharp increase in gas flows to Latvia

Natural gas flows into Latvia exceeded gas consumption in Lithuania and its transit to the Russian region of Kaliningrad in the second week of June, Lithuania's gas transmission system operation Amber Grid says LETA/BNS.

19.06.2019

Latvenergo's supervisory board dismissed

The supervisory board of the state-owned joint-stock Latvian power utility company Latvenergo was released today, Minister of Economic Ralfs Nemiro (KPV LV) confirmed to LETA.

19.06.2019

Enefit Green to buy 20 solar power parks in Poland for EUR 17.3 mln

Enefit Green, subsidiary of the state-owned Estonian energy group Eesti Energia, has signed a share purchase agreement to acquire 20 solar parks in Poland for 17.3 mln euros, reported LETA/BNS.

17.06.2019

Balticconnector undersea gas pipeline reaches land in Estonia

Following an operation that lasted almost 24 hours, the end of the undersea pipeline of the Estonia-Finland gas interconnection Balticconnector reached land at Pakrineeme on Pakri peninsula in northwestern Estonia on Monday morning, informed LETA/BNS.

14.06.2019

Lithuania remains dependent on imported energy

Lithuania used more energy resources last year, and the country remains dependent on imported energy, reported LETA/BNS.

13.06.2019

GET Baltic is expanding regional gas exchange operations to Finland from 2020

Regional Gas Exchange GET Baltic, operating in Lithuanian, Latvian and Estonian market areas is prepared to expand geographical coverage to other Northern Europe countries by launching new market area in Finland, and contributing to deeper integration of the Finnish and Baltic gas markets from 1st January 2020, informed Get Batlic rerpresentative.

12.06.2019

Eesti Energia starts producing oil from scrap tires

The state-owned energy group Eesti Energia started producing oil from end-of-life tires, the amount of which generated in Estonia each year is 12,000 tons, while the local factories are capable of using up to 260,000 tons of tires per year, informed company.

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