Energy

International Internet Magazine. Baltic States news & analytics Monday, 17.12.2018, 05:26

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100% Renewable Energy across Europe is More Cost Effective than the Current Energy System and Leads to Zero Emissions Before 2050

100% Renewable Energy across Europe is More Cost Effective than the Current Energy System and Leads to Zero Emissions Before 2050

14.12.2018

As climate discussions are underway among global leaders at COP24, the annual United Nations Framework Convention on Climate Change (UNFCCC) conference, a new report released Tuesday showcases the feasibility of a European energy transition to 100% renewable sources. The new scientific study shows that the transition to 100% renewable energy will be economically competitive with today’s conventional fossil fuel and nuclear energy system, and lead greenhouse gas emissions to zero before 2050, infromed Energy Watch Group.

Keyword tags: Analytics, Ecology, Education and Science, Energy, Energy Market



Lithuania posts highest power price in November in Baltic states

Lithuania posts highest power price in November in Baltic states

14.12.2018

The price of electricity dropped more than a third in Lithuania in November but, nevertheless, remained the highest in the Baltic states, reported LETA/BNS.

Lithuania might sign LNG imports contracts with US as early as next year – energmin

Lithuania might sign LNG imports contracts with US as early as next year – energmin

12.12.2018

Lithuania might start importing LNG from the United States as early as next year, Lithuanian Minister of Energy Zygimantas Vaiciunas says after introducing American companies to the Lithuanian government's decision to buy the Klaipeda-based FSRU Independence by 2024, reported LETA/BNS.


New LNG shipment set to arrive in Lithuania's Klaipeda

New LNG shipment set to arrive in Lithuania's Klaipeda

12.12.2018

A new LNG shipment, meant for Litgas, is scheduled to arrive in Lithuania's port of Klaipeda on Wednesday. It will be a 12th shipment this year, reported LETA/BNS.

Seizing the potential of climate solutions – and making the Baltics leaders in green economy

Seizing the potential of climate solutions – and making the Baltics leaders in green economy

10.12.2018

As the most important UN climate conference COP24 since the historic Paris meeting is being held in Katowice, Poland, it is also time for the Baltics to think about delivering on the Paris Agreement’s promises. A recent study by SEI Tallinn and the Finnish innovation fund Sitra reveals that the Baltics have great potential in doing so. The key is scaling up Nordic solutions that have already proved their effectiveness.


07.12.2018

Estonian power co: Electricity prices rose as expected in November

The price of electricity rose in line with expectations and as a result of colder weather in November in Estonia, Finland and Latvia alike, whereas in Lithuania the price moved lower, the state-owned power generating and power distribution group Eesti Energia said on Friday.

05.12.2018

Eesti Gaas to open 3 compressed natural gas stations

Estonian electricity and gas seller Eesti Gaas will open compressed natural gas (CNG) stations in the towns of Viljandi and Rakvere this week, and in the near future also in Johvi, where in addition to CNG also bio-methane is sold, inforned LETA/BNS.

05.12.2018

Smart Energy Fund together with the partners is investing in Sterblue

Smart Energy Fund powered by Lietuvos Energija, managed by Contrarian Ventures is investing in French and US start-up Sterblue which develops software for non-pilot aircraft (drones) allowing inspecting power lines and wind turbines without human intervention, Lietuvos energija representative informed BC.

05.12.2018

Estonia's electricity price 5% higher than in Finland in November

The price of electricity grew in almost all price areas of Nord Pool in November, the average price of electricity per megawatt-hour in Estonia exceeded that in Finland by 2.54 euros, or 5%, reportes LETA/BNS.

05.12.2018

LNG bunker supply vessel Kairos, meant for Lithuania's Klaipedos Nafta, reaches Europe

Kairos, the world's largest LNG bunker supply vessel, meant for Klaipedos Nafta, the operator of the LNG terminal in the Lithuanian port of Klaipeda, has reached Europe, the Lithuanian company said LETA/BNS.

04.12.2018

Lithuanian posts Baltics' largest w/w increase in power generation - Elektrum Lietuva

Lithuania last week registered the largest increase in power generation among the three Baltic countries, but its electricity market price was the highest in the region, Elektrum Lietuva said LETA/BNS on Tuesday.

03.12.2018

Latvenergo Group earns EUR 83.111 mln in first nine months of 2018

In the nine months of 2018, Latvenergo Group's revenue amounted to EUR 642 mln, which is 5% less than in the same period last year, while the group's profit was EUR 83.111 mln, a decrease of 37.5%, according to Latvenergo's unaudited financial statement submitted to Nasdaq Riga stock exchange.

30.11.2018

Gas prices to increase 7 cents for household in Lithuania – watchdog

Lithuania's National Commission for Energy Control and Prices has on Friday approved new gas prices for households for 2019, proposed by Lietuvos Energijos Tiekimas, with the new tariffs set to come into force on Jan. 1, reported LETA/BNS,

29.11.2018

Amount of gas pumped out of Incukalns underground storage facility has increased three times in past week

As colder weather has set it, the amount of natural gas pumped out of the Incukalns underground gas storage facility has increased three times to nine million cubic meters a day, said Dace Baltabola, a representative of Latvia’s Conexus Baltic Grid (Conexus) natural gas and storage operator LETA.

29.11.2018

Lithuania's EnergMin to look for feasibility experts for wind farms in Baltic Sea

Lithuania's Energy Ministry is looking for experts to carry out a feasibility study for the installation of wind farms in the Baltic Sea as the country wants to operate wind farms with a total capacity of 200-3,350 MW in the sea in the future, reported LETA/BNS.

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