Gazprom filed request in Poland for termination of case against Nord Stream 2

August 15, 2018 7:11 pmComments Off on Gazprom filed request in Poland for termination of case against Nord Stream 2
Gazprom filed request in Poland for termination of case against Nord Stream 2

Gazprom has filed with the anti-monopoly regulator in Poland a request to terminate the investigation procedure against participants in the Nord Stream 2 gas pipeline project. The Polish Competition and Consumer Protection Authority is launching an investigation against Gazprom and five international companies that are responsible for financing the Nord Stream 2 pipeline in early May. The authority has filed charges of financing Nord Stream 2 of the six companies […]

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China restarts suspended projects for construction of thermal power plants

August 14, 2018 10:27 amComments Off on China restarts suspended projects for construction of thermal power plants
China restarts suspended projects for construction of thermal power plants

China restarts suspended projects for construction of thermal power plants, despite the government efforts of fighting pollution and air pollution. The reason, according to analysts, probably lies in the recovery of electricity demand in China. Familiar with the problem believe that many of the coal-fired power plants are at a loss and there is still considerable overproduction in the country. The Coal Swarm analysis shows that the construction of new […]

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Gazprom’s natural gas extraction increased in July

August 6, 2018 7:52 pmComments Off on Gazprom’s natural gas extraction increased in July
Gazprom’s natural gas extraction increased in July

Gazprom’s natural gas extraction increased by 8.5% since the beginning of the year to 288.9 billion cubic meters, the company said in a statement. The exports rose by 5.8% to 117.1 billion cubic meters, while the gas sales on the domestic market rose by 5.4%. The gas giant reports that in July alone, growth in natural gas production increased by 7.4% to 36 billion cubic meters. This is the highest […]

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Germany reduces the power of nuclear power plants due to the heat

August 1, 2018 12:26 pmComments Off on Germany reduces the power of nuclear power plants due to the heat
Germany reduces the power of nuclear power plants due to the heat

The ongoing heat wave in Western Europe is already affecting German power supply. At the Philippsburg Nuclear Power Plant in Baden-Wurttemberg the power was reduced by up to 10%, reported the EnBW electricity company. This is expected to limit the rise the water temperature in the Rhine river. In northern Germany, the Grohnde and Brokdorf Nuclear Power Plants are producing less electricity because of the increased water temperatures. At present, […]

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The EC approved the scheme of cold reserve of the Greek energy system

July 31, 2018 6:14 pmComments Off on The EC approved the scheme of cold reserve of the Greek energy system
The EC approved the scheme of cold reserve of the Greek energy system

The European Commission (EC) approved the Greece’s scheme to provide flexible capacity for the energy system. The institution has approved, under State aid rules, auctioning of available capacity from producers as well as customers who are ready to reduce their consumption in case of need. The EC’s assessment is that this is not in contradiction with the free energy market rules and the reform of the sector that Athens must […]

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