Monday, October 26, 2020

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ČEZ sells its Romanian assets to world’s largest infrastructure manager

ČEZ Group has sold its Romanian assets to funds managed by Macquarie Infrastructure and Real Assets. The divestment is part of ČEZ Group's new strategy which is focused on decarbonising the production portfolio.

PGNiG further extends cooperation with Aker BP building a substantial portfolio in the region

PGNiG Supply & Trading signed a contract with Aker BP for the sales and purchase of natural gas produced on the Norwegian Continental Shelf, another cornerstone in successfully building a substantial portfolio in the region.

New gas-fired heating plant to lower emissions in the Czech Republic

Spolana Neratovice, a member of Unipetrol Group, has commissioned a new heating plant to generate the steam needed for its operations, significantly decreasing the volume of substances emitted into the atmosphere.

Projects from CEE among the winners of the Natura 2000 Awards

A trans-boundary project involving partners in Romania, Austria, Hungary, the Czech Republic, Slovakia and Ukraine is among the winners of the Natura 2000 Awards for 2020. In addition, the special European Citizens’ Award went to a project from Bulgaria.

Technology to achieve net-zero energy buildings already exists and it is cheap

A new study revealed that the technology and skills already exist to achieve net- or nearly- zero energy building in almost every part of the world at costs in the range of those of traditional projects.

The Carbon Border Adjustment Mechanism to contribute to boosting the EU-based economy

The PKEE believes that the Carbon Border Adjustment Mechanism in the long term may contribute to boosting the EU-based economy.

PGNiG’s role in the privatisation of the Ukrainian energy sector

PGNiG has entered into a non-disclosure agreement enabling the company to participate in the privatisation of the Ukrainian energy sector. It also intends to be more involved in hydrocarbon production projects with Energy Resources of Ukraine.

Russia’s TVEL completes development of the new nuclear fuel modification for Hungary’s Paks NPP

TVEL has completed the project of development and validation of the new nuclear fuel modification for the VVER-440 reactors operated at the Paks NPP in Hungary. It will increase the efficiency of fuel usage and advance the economic performance of the power plant operation.

Czech city of Most will be greener thanks to tree-planting supported by Unipetrol

Unipetrol will plant 110 trees in Šibeník Park, together with the town of Most, as part of the Unipetrol to People campaign. The new trees will have a positive impact on the local microclimate and will help create pleasant space for citizens.

Conexus Baltic Grid signs a cooperation agreement with GRTgaz

Conexus Baltic Grid signed a cooperation agreement with GRTgaz. The agreement is in line with Conexus's commitment to decarbonisation which will require professionals with experience in research and innovation.

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Poland’s biggest power company goes for 100% green energy by 2050

Poland’s largest power producing company PGE pledged to transition into a low-carbon-intensive utility by 2030 and to become climate-neutral for its customers by 2050.

ČEZ sells its Romanian assets to world’s largest infrastructure manager

ČEZ Group has sold its Romanian assets to funds managed by Macquarie Infrastructure and Real Assets. The divestment is part of ČEZ Group's new strategy which is focused on decarbonising the production portfolio.

Gas flows to Europe between new pipelines and a green future

With domestic production falling, Europe is increasingly more dependent on natural gas imports. Norway is the Northern source, Russia still detains a big piece of the East and new routes from the South represent the highest hope of diversification.

PGNiG further extends cooperation with Aker BP building a substantial portfolio in the region

PGNiG Supply & Trading signed a contract with Aker BP for the sales and purchase of natural gas produced on the Norwegian Continental Shelf, another cornerstone in successfully building a substantial portfolio in the region.