Electricity

TSOs of the Continental Europe Synchronous area have agreed to increase the trade capacity with Ukraine/Moldova to 300 MW, day and night, which is an increase of 50 MW during night hours.

Work is currently underway at the construction site of the power plant in Grudziądz, located in northern Poland. Once completed, it will be among the most modern power plants in Europe.

The II. Hungarian Battery Day will be organised on 20 October 2022 in Hotel Marriott Budapest, by the Hungarian Battery Alliance in cooperation with White Paper Consulting to review the opportunities and challenges of the fast-developing Hungarian battery industry. The conference will be organised under the honorary patronage of H.E. Mr Péter Szijjártó, Minister of Foreign Affairs and Trade of Hungary, who will open the event.

In her annual State of the Union speech, delivered at the European Parliament in Strasbourg, European Commission President Ursula von der Leyen said that we have to decouple the dominant influence of gas on the price of electricity

Without sufficient demand reduction, gas stocks could get emptied up should Russia completely halt supply, shows Power Barometer 2022, Eurelectric’s data crunch on trends in the electricity industry.

Bulgaria can supply 200 megawatt-hours of electricity per day to North Macedonia from October to the end of March, leaders of the two countries announced after discussing energy cooperation.

In addition to the energy support measures valid from 1 October to 31 March, the Estonian government is also developing a universal electricity service.

The electricity production of the Gulf of Riga Offshore wind farm would cover half of the Estonian energy consumption and aid to achieve affordable electricity prices, energy security and the renewable energy goals of the government.

The European Bank for Reconstruction and Development (EBRD) and Ukrainian authorities have agreed on the repurposing of the final 97.3 million euros of an existing loan to Ukrenergo for emergency liquidity.

Hungary will join a large-scale project to transport green electricity from Azerbaijan to the country and the European market, Hungary's Minister of Foreign Affairs and Trade, Péter Szijjártó announced on Wednesday after a discussion with Azerbaijani Energy Minister Parviz Shahbazov.

Ukrenergo is allocating part of the income from auctions of cross-border transmission capacity allocation to pay for the services of electricity producers who participate in the balancing market.

Lithuania’s Minister of Energy Dainius Kreivys met with Latvian Minister of Economics Ilze Indriksone to discuss the energy security situation in the region and how to accelerate the synchronisation of the Baltic States with continental European grids.