Electricity prices in the EU set new highs. Electricity prices in Europe jumped to a new record due to the increase in the price of natural gas. This deepens the energy crisis, which threatens to plunge the eurozone into recession, writes Bloom...
The EU and 42 countries demand Russia demilitarize the Zaporizhzhia NPP. The EU and 42 countries called on Russia to immediately withdraw its troops from the Zaporizhia NPP, and the entire territory of Ukraine announced the EU commission. According to the statement, the EU... #IAEA #RafaelMarianoGrossi #Zaporizhzhia NPP #ZNPPdemilitarize
The first biomethane production plant will be launched in Ukraine by the end of the year. Chernihivgaz JSC, which belongs to the agricultural holding Gals Agro, issued technical requirements for integrating the first biomethane plant in Ukraine. Its connection to the gas distribution netw... #biomethaneproduction #biomethaneproductionplant #Chernihivgaz
Ukrhydroenergo will produce hydrogen at the beginning of next year. Ukrhydroenergo expects to sign a contract with the German companies Andritz Hydro and MAN Energy Solutions in September of this year to supply hydrogen, utilizing a 1 MW electrolyzer. This was reporte... #HydrogenProductionUkraine #Ukrhydroenergo
Germany plans to resume work on the MidCat gas pipeline from Spain to Central Europe. German Chancellor Olaf Scholz wants to resume construction of the MidCat gas pipeline project, connecting the Iberian Peninsula with central Europe, writes Bild. The project was abandoned three years ... #gaspipelinefromSpaintoCentralEurope #MidCatconstruction #MidCatgaspipeline
Russia has seized 35% of Ukrainian electricity generation. According to Forbes, 35% of Ukrainian electricity generation is located in the occupied territories of Ukraine. Ukraine lost 30% of its solar, more than 90% of wind generation, and more than 50% of th... #RussiahasseizedUkrainianelectricity #Ukrainianelectricity
The IAEA claims that there is no nuclear threat at the Zaporizhzhia NPP. The International Atomic Energy Agency (IAEA) has declared that there is no immediate nuclear threat at the Zaporizhzhia nuclear power plant after the Russian military shelled the site. According to t... #IAEA #ZaporizhzhiaNPPnuclearthreat
The occupiers want to switch the Zaporizhzhia NPP to Crimea. The Russian Rosatom personnel transferred to the station a program designed to connect the nuclear plant’s output to Crimea. The prerequisite is severe damage to the communication lines of the ZNPP wi... #PetroKotin #ZaporizhzhiaNPPswitchtoCrimea
Ukraine and Poland are upgrading the interstate transmission line. Ukrenergo and the Polish transmission system operator PSE S.A. began improving the cross-border interstate power transmission line between Ukraine and Poland. It will increase the network’s capacity b... #exportUkrainianelectricitytoPoland #interstatetransmissionline #UkrenergoandPSES.A.
Ukraine has called on the UN and the IAEA to send a security mission to the Zaporizhzhia NPP. The Ukrainian Parliament Commissioner for Human Rights, Dmytro Lubinets, called on the UN and the International Atomic Energy Agency (IAEA) to send a security mission to the occupied Zaporizhzhya NPP... #DmytroLubinets #IAEAsecuritymission #ZaporizhzhyaNPPsecuritymission
Germany has confirmed that the possibility of launching Nord Stream-2 has been ruled out. German Chancellor Olaf Scholz and the German government are not even considering the possibility of putting the Nord Stream 2 pipeline into operation. This was stated by the German federal government ... #NordStream_2willnotlaunch #nordstream2
The Russian Federation is shelling the Zaporizhzhia NPP to cut off electricity in south Ukraine. Artillery shelling of the Zaporizhzhya NPP is intended to destroy the plant’s infrastructure, damage all power lines through which electricity is supplied to Ukraine’s power system, and cu... #Energoatom #zaporizhzhiaNPP #ZaporizhzhiaNPPshelling
The UN calls for increase taxation of oil and gas companies due to excess profits. UN Secretary-General Antonio Guterres has criticized oil and gas companies for profiting from an energy crisis caused partly by the war in Ukraine. The statement was made against the background of th... #AntonioGuterres #EnergyCrisis #oilandgascompaniessurplusprofits #oilandgascompaniestaxation
DTEK Energy will pay September bond coupon in full. Ukraine’s largest private electricity and coal producer, DTEK Energy, plans to pay September’s $29.5M coupon on its 2027 note in cash, said the CEO of the company, Maxim Timchenko. That would mark the... #DTEKenergyUkraine #DTEKpaybondcoupon #MaximTimchenko
In July, the EU increased imports of Russian diesel fuel by 22%. In July, EU countries increased the import of diesel fuel from the Russian Federation by 22% compared to the same period last year, reported FT. The increase in import volumes is taking place against ... #ImportsOfRussianDiesel #RussianDieselImportInEU #S&PGlobalCommodityInsights
Ukraine has completed all necessary work to launch the biomethane market in Ukraine. NCRECP, the state commission, has allowed the supply of biomethane to the gas transportation system of Ukraine, according to the State Energy Efficiency Agency. Thus, on August 2, the energy regulator... #biomethaneinUkraine #GasTransportationSystemOfUkraine #StateEnergyEfficiencyAgency
Ukraine has completed preparations for the Trans-Balkan Corridor launch. Since August 1, the GTS of Ukraine operator has increased the volume of natural gas volume at the Grebeniki connection point between Ukraine and Moldova from 3.96 million cubic meters per day to 6.12 ... #LNGTerminalsImportGas #LNGterminalsUkraine #TransBalkanCorridorUkraine
Low water level has caused a 43% drop in electricity production at the Dniester HPP. In July, Dniester HPP electricity production decreased by 43% compared with the indicators from previous years. The cause of the situation is a critically low water level in the Dniester reservoir. I... #DniesterHPP #DniesterHPPElectricityProduction #DniesterReservoirLowWaterLevel
The Ukrainian government has improved the green auction procedure. On August 2, the government adopted a resolution that improved the process for holding green auctions for rights to construct renewable energy facilities, adopting European standards and practices. Th... #GreenAuction #GreenEnergyConstruction #RenewableEnergyUkraine
Bank of America warns about the threat of a gas crisis provoked by Russia. Bank of America believes that as Russia loses its gas influence in Europe, it may soon use its remaining leverage to create a crisis. “Russia’s gas leverage is weakening, so the country ma... #BankOfAmerica #GasCrisisinEU #NorthernStream_1
Russia is losing its energy influence on the EU market. A European Union ban on importing coal from the Russian Federation came into effect on August 1. Thus, the Russian Federation is losing its energy influence on the European market, said Ukrainian Ener... #coaldependence #energymarketEurope #Russiancoalembargo
Russian Gazprom reduced production volumes by 12% and exports by 35%. In seven months of 2022, Russian Gazprom produced 262.4 billion cubic meters of gas, which is 35.8 billion cubic meters, or 12%, less than in the same period last year, reported Gazprom. Exports amoun... #GazpromExport #russiagasproduction
Moldova will buy electricity from Ukraine to cover the deficit. In August, Moldova will buy 30% of the electricity it needs from two Ukrainian companies, announced the Minister of Infrastructure of Moldova, Andrii Spinu. The companies to export electricity to Mold... #AndriiSpinu #MoldovaBuyElectricity #UkraineMoldovaElectricity
Ukraine will reduce gas production by 6.6% in 2022. Ukraine plans to produce 18.5 billion cubic meters of gas in 2022, which is 6.6% (1.3 billion cubic meters) less than in 2021, said Deputy Minister of Energy Mykola Kolesnyk. “Based on the actua... #EnergyMinistryofUkraine #GasProductionReduce #GasProductionUkraine
Ukrenergo will spend UAH 2.5B on strategic coal reserves. On behalf of the government, state company Ukrenergo will finance the creation of a strategic coal reserve for the 2022-2023 heating season, the company’s press service reported. This reserve wi... #HeatingSeasonUkraine #strategiccoalreserve #Ukrenergo
European oil companies report record profits. The rise in oil and gas prices, triggered by Russia’s invasion of Ukraine, is bringing record profits to European energy companies, writes Bloomberg. British Shell made $11.5B in net profit in t... #ChristianMalek #EuropeanOilCompanies #EuropeanOilCompaniesProfits
The EU is going to increase the reverse flow of gas to Ukraine. According to the European Commissioner for Energy, Kadri Simson, “Together with the countries bordering Ukraine, we will increase the volume of reverse gas supply between the EU and Ukraine by t... #EnergyCooperationEUUkraine #gasUkraineEU #KadriSimson
The EU is working on increasing the import of Ukrainian electricity. The European Union is cooperating with Ukraine to increase the export of Ukrainian electricity to neighboring EU member states, the European Commission said in a statement. “The European Union i... #ENTSO-E #importelectricityEU #UkraineEUelectricity
In July, Ukraine earned UAH 0.5B from electricity exports to the EU. State company Ukrenergo auctioned access to interstate power grids at cross-border crossings with Romania and Slovakia for UAH 500M ($13M) in the first 27 days of electricity export to the EU, reporte... #ElectricityForEU #Ukrainianelectricityexports #Ukrenergo
Ukraine offers to replace five billion cubic meters of Russian gas with electricity to the EU. Ukraine is ready to supply 1.5 GW of electricity to EU countries right now, thus replacing about five billion cubic meters of gas, stated the Minister of Energy of Ukraine, Herman Galushchenko. This i... #EnergyCrisis2022 #gaselectricity #HermanGalushchenko
The EU countries have officially agreed to reduce gas consumption by 15%. On July 26, the Council of Europe reached a political agreement on a voluntary reduction in natural gas use by 15% this winter. All EU countries except Hungary supported this decision. However, the po... #EUcountriesgas #gasconsumption #reductiongasuse
Ukraine can increase gas transit to Europe sixfold. The Ukrainian gas transportation system can transport more than 200 million cubic meters of gas per day to the EU. Currently, the Russians use only 42 million cubic meters of that capacity, the press ... #gastransittoEurope #GTSOperatorUkraine #SerhiiMakogon
Ukraine will introduce a new model of support for green electricity producers. The Ministry of Energy has prepared a draft law introducing a new support model for producers of green electricity – net metering. This new mechanism will allow consumers who have generating pla... #greenelectricity #MinistryofEnergyofUkraine
Kondor Finance refuses to change the terms of Naftogaz Eurobonds. Naftogaz of Ukraine was not able to agree to change the credit terms with the issuer of its Eurobonds, Kondor Finance plc according to a document from the Cabinet of Ministers of Ukraine. The document... #eurobonds #KondorFinance #Naftogaz
Moldova plans to increase electricity imports from Ukraine. For the new electricity import, the government of Moldova is looking for money, said the President of Moldova, Maya Sandu. “We would like to buy more electricity because in the case of the Tiras... #ElectricityImports #ENTSO-E #MayaSandu
The EU lifted restrictions on the export of grain and oil from Russia to third countries. The European Union loosened the sanctions imposed on Russia, unblocking agricultural products and oil export to third countries. In addition, the EU has allowed the supply of goods and technologies fo... #EUsanctions #EUsanctionsforRussia #JosepBorrell
The Russian military has moved weapons and explosives into the Zaporizhzhia NPP. The Russian army dragged at least 14 units of heavy military equipment along with ammunition, other weapons, and explosives to the engine room of the 1st power unit of the ZNPP, Energoatom wrote on Fa... #Energoatom #radiationthreat #ZNPP
PKN Orlen will supply diesel fuel directly to Ukraine. Ukrzaliznytsia and the Polish oil refining company PKN Orlen agreed to cooperate on the supply of diesel fuel for the needs of the Ukrainian economy, the press service of the Ministry of Infrastructur... #FuelImport #PKNorlen #Ukrzaliznytsia
The EU will reduce gas consumption by 15% by next spring. On July 20, the European Commission (EC) presented a plan to reduce gas demand. It is planned to reduce the consumption of natural gas by 15% by next spring, says a press release from the EC. The E C ... #EUgasConsumption #EUgasCrisis #EUgasSupplies
An ultra-deep gas well was launched in the Poltava region. The largest Ukrainian gas producer, Ukrgazvydobuvannya, launched a new ultra-deep well in the Poltava region. Currently, the new well produces nearly 100,000 cubic meters of gas per day. This was anno... #gasmining #GasWell #Ukrgazvydobuvannya
Lithuanian Railways has started transporting oil products for Ukraine, bypassing Belarus. The LTG Cargo company, part of the Lithuanian Railways group, has started the transportation of oil products produced by the Orlen Lietuva enterprise for Ukraine, bypassing Belarus, writes the Lithuan... #LithuanianRailways #oilproducts #OrlenLietuva
Ukraine has become an associate member of the International Energy Agency. The corresponding joint declaration was signed in Warsaw by Energy Minister Herman Galushchenko and Executive Director of the IEA Fatih Birol, Ukrinform reports. “We have to win the energy war w... #HermanGalushchenko #IEA #UkraineEnergy
The Cabinet of Ministers fixed the gas price for heat producers until the end of the heating season. The Cabinet of Ministers adopted a resolution on imposing special duties on natural gas market entities. It provides for fixing the price of gas for thermal utilities at the level of UAH 7.4 per cubic... #FixedGasPrice #GasPriceUkraine
European Union signs a deal to double gas imports from Azerbaijan. The EU reached a deal to double natural gas imports from Azerbaijan in a bid to help replace Russian fossil fuels amid a worsening energy crisis following Putin’s invasion of Ukraine. To boost the sh... #Azerbaijan #AzerbaijanGasForEU #GasfromAzerbaijan
The State Property Fund wants to sell Centrenergo. The State Property Fund of Ukraine (SPF) proposes to sell Centrenergo, a major electric and thermal energy producing company, together with the state mines. For this purpose, the Fund is seeking appro... #Centrenergo #CentrenergoSale #OlgaBatova #SPFukraine
The EU has approved another €500M tranche of military aid to Ukraine. The Council of the European Union approved the allocation of the fifth tranche from the European Peace Fund (EPF) in the amount of €500M to support the Ukrainian military. The head of the EU Council, ... #EUmilitaryAid #EuropeanPeaceFund #MilitaryAidforUkraine
The UAE will build an LNG terminal in the Odesa region. A group of investors from the United Arab Emirates plans to build a terminal for storing liquefied natural gas, stated investment company LNG Terminal South FCZO. This will be the first such terminal ... #LNGterminals #LNGTerminalSouthFCZO #LNGterminalsUkraine #TheOdesaRegion
Ukraine has spent $3.3B on oil product imports. From January-June 2022, Ukraine imported oil products worth $3.3B, which is 56.3% more than in the same period last year, announced the State Customs Service. At the same time, the physical volume of ... #OilImports #OilImportsDuringWar #UkraineOilImport
The largest chemical plant will not be able to resume its work. Azot, the largest chemical enterprise in Ukraine located in Severodonetsk, the Luhansk region, cannot continue production, despite the false statements from the Russian occupiers who temporarily hol... #AzotPlant #GroupDF
Ukraine’s earnings from electricity exports increased by 160%. In half a year, Ukraine has increased its revenue from electricity exports by $61.8M to $169.9M. According to data from the State Customs Service, this is 1.6 times more than in the same period of 202... #electricityExport #UkraineElectricityExport
