News from the region
Central and Eastern Europe
Poland plans to build nuclear reactors
Poland’s government adopted a plan to accelerate its transformation to clean energy and nuclear energy. Poland seeks renewables and nuclear power as a way to meet its energy goals. The country’s new energy policy would create around 300,000 jobs. Poland aims to reduce [...]

Energy solidarity principle at the core of the January 13th ECJ hearing on OPAL pipeline
“We are convinced of the strength of the arguments put forward by Poland. Currently, our cooperation with the European Commission on OPAL and many other key topics for EU energy security is constructive and undertaken in a spirit of a very good cooperation” said [...]

The largest photovoltaic plant of Central and Eastern Europe is to be built in Poland
Construction of the largest photovoltaic power plant in Central and Eastern Europe will start in 1Q 2021 in Pomerania, Northern Poland. The photovoltaic power plant in Zwartów will have 203 MW of installed capacity and will produce approximately 6 TWh of energy over [...]

Lithuania is set to embark on the development of green hydrogen technologies – a Lithuanian Hydrogen Platform has been created!
On November 30th, the Ministry of Energy in the Republic of Lithuania announced the successful completion of an agreement establishing a hydrogen platform between 19 Lithuanian organizations, including the Ministry of Economy and Innovation and the Ministry of [...]

Lithuania is set build one of the largest battery parks in the world
Lithuania embarks on a mission to build one of the largest battery storage systems in the world, which is expected to be finalized by the end of 2021.The country is investing €100 million to build four 50 Megawatt(MW) batteries with at least of 200 Megawatt hours [...]

Final stages of Croatia’s first LNG terminal in the northern Adriatic Sea
The Republic of Croatia is approaching its final stages in the development of a Liquid Natural Gas (LNG) terminal in the Adriatic Sea. The official launch for Croatia’s first LNG terminal is set for January 1, 2021, with a capacity of 2.6 billion cubic meters (bcm) of [...]

The Baltic synchronisation project receives record financial support
A Commission proposal to invest nearly €1 billion in European energy infrastructure was approved by EU Member States. The large amount of funding will be allocated to 5 key European energy projects under the Connecting Europe Facility (CEF) and 3 of them are located [...]

Baltic offshore wind declaration signed
The 8 EU Member States, including Estonia, Latvia, Lithuania and Poland, signed a joint declaration of intent committing themselves to closer cooperation around the development of the Baltic Sea offshore wind energy area. The declaration emphasized the potential of [...]

Latvia and Estonia sign MoU for joint offshore wind farm
Latvia’s Minister for Economics Janis Vitenbergs and Estonia’s Economy and Infrastructure Minister Taavi Aas have signed a Memorandum of Understanding on the joint project of the offshore wind farm construction. “The development of wind energy over the next decade is [...]

Progress in development of offshore wind in Lithuania and Poland
The development of offshore wind in Poland and Lithuania is accelerating as the governments of both countries prepare to adopt the regulatory framework for the construction and functioning of the offshore wind farms. The countries plan to use a so-called contract for [...]

PGNiG and Toyota set to jointly advanced hydrogen in Poland
Polish Oil and Gas Company (PGNiG) and Toyota Motor Poland signed an agreement on cooperation in advancing technology in Poland. A pilot hydrogen refuelling station will be built under this agreement. Jerzy Kwieciński, President of the PGNiG Management Board said that [...]

BALTIC POWER TRADE with non-EU countries
The Estonian, Latvian and Lithuanian energy ministries reached an agreement on regulating power trade with non-EU countries. Under this agreement, the trade in electricity with Belarus will stop after the launch of the Astravets nuclear power plant. The agreement, [...]

Modernisation Fund with app. 14 billion EUR ready to modernise energy sectors in 10 Member States in Central Europe
The Commission adopted last week implementing act setting the rules on the operation of the Modernisation Fund, a funding mechanism to support 10 EU Member States in their transition to climate neutrality by helping to modernise their energy systems and improve energy [...]

Krk LNG terminal fully booked for next years
Croatia’s floating liquefied natural gas (LNG) terminal on the Adriatic island of Krk will start operating on Jan. 1, 2021, having its full capacity booked for the next few years. The capacity of the Krk LNG terminal is 2.6 billion cubic metres (bcm) of gas per year. [...]

‘Back on track’ – the Polish Presidency of the Visegrad Group (V4) 2020-2021
On 1 July 2020 the rotating presidency of the Visegrad Group (V4) began. This is the sixth Polish presidency of V4 and it will end on the 30 June 2021. The Polish Presidency will run under the motto "Back on track". The Visegrad cooperation will focus not only on [...]

Start-up Woola wins €50,000 PowerUp! Challenge for eco-friendly bubble wrap solution made from sheep’s wool
CEEP is proud to be a partner of the PowerUp Challenge, which is a benchmarking event for innovative Central European start-ups. EIT InnoEnergy, the European innovation engine for sustainable energy, has crowned Woola the winner of PowerUp! The start-up has been [...]

New funding available – the Just Transition Mechanism and the Next Generation EU
With the European Green Deal (EGD) the EU wanted to become the first climate neutral continent within 30 years, by mobilising research and fostering innovation, financing the transition while also making sure that no one is left behind. In March 2020 everything [...]
Joint non-paper from 8 countries on the role of natural gas in climate-neutral Europe
Bulgaria, Czechia, Greece, Hungary, Lithuania, Poland, Romania, Slovakia have issued a joint non-paper on the future role of gas and gas infrastructure. Key points: gas provides the fastest and the most affordable intermediate path to a less carbon-intensive economy, [...]
An important step towards regional gas market integration between Baltic States and Finland
Energy ministries, regulators and transmission system operators from Estonia, Finland, Latvia and Lithuania on 20 April 2020 have given their agreement to a roadmap establishing a process for the future regional gas market integration of their respective countries. [...]

PowerUp! Challenge – join the upcoming virtual events!
PowerUp! is the challenge for start-ups, scale-ups and SMEs from Central and Eastern Europe whose products in the fields of energy, smart technologies, mobility are solving today's problems with tomorrow's technology. Join our 100% virtual Country Finals! [...]

Minor increase of wind generation in Central Europe
According to the Wind Europe study “Wind energy in Europe in 2019” it has been installed 15.4 GW (11.7 GW onshore and 3.6 GW offshore) of new wind power capacity in 2019. 13.2 GW of the new installations were in the EU-28. This is 27% higher than 2018 but 10% less [...]

2020 CEF Energy call for proposals
Following the adoption of the 2020 CEF Energy Work Programme on 13 March 2020, the 2020 CEF Energy call for proposals has opened, offering funding to support projects of common interest in the energy sector, in the areas of electricity, gas, smart grids and [...]

The contract for the expansion of the LNG Terminal in Świnoujście has been signed
Polskie LNG has signed a contract for the extension of the existing liquefied natural gas regasification installation with additional SCV (Submerged Combustion Vaporiser) regasifier. As a result, the current regasification capacity of the LNG Terminal will increase by [...]
The energy sector of the Three Seas Initiative will receive up to $1 billion
During the annual Munich Security Conference (14-16 February 2020) U.S. Secretary of State Mike Pompeo said the American administration will support Central and Eastern Europen energy infrastructure with $1 billion. The U.S. has repeatedly expressed concerns about the [...]

Apply for the PowerUp! Challenge
PowerUp! is the challenge for start-ups, scale-ups and SMEs from Central and Eastern Europe whose products in the fields of energy, smart technologies, mobility are solving today's problems with tomorrow's technology. The challenge is big, but our goal is simple: to [...]
Construction of Baltic Pipe progressing
On 9 January 2020, GAZ-SYSTEM signed a contract with EUROPIPE GmbH for the supply of pipes for the offshore part of the Baltic Pipe, which will be laid on the bottom of the Baltic Sea. The Company also accepted the design documentation for this gas pipeline. [...]

The Just Transition Mechanism explained
On January 14th, 2020 the Communication on the Sustainable Europe Investment Plan and the European Green Deal Investment Plan was published. With the Sustainable Europe Investment Plan the EU aims to accomplish three types of actions: 1) funding, 2) enabling and 3) [...]

Opening of the Balticconnector gas pipeline between Estonia and Finland
On Wednesday 11 December 2019 the Balticconnector gas pipeline between Estonia and Finland was officially launched. The construction work of the project was completed one month ahead of schedule. The commissioning of the pipeline allows the opening of the Finnish gas [...]

Extension of European Single Intraday Coupling (SIDC) to Central and Eastern European countries
European Single Intraday Coupling (SIDC) Solution and Local Implementation Projects confirm the 2nd wave go-live date for November 2019. Seven countries: Bulgaria Croatia, Czech Republic, Hungary, Poland, Romania and Slovenia will be coupled with the fourteen already [...]
The European Commission adopted the Fourth Lists of Projects of Common Interest (PCI)
On the 31 October 2019, the European Commission adopted the Delegated Act establishing the fourth list of PCI. The Delegated Act was forwarded to the European Parliament and the Council for a two-month non-objection period. The official list will be established in [...]

The EU invests EUR 556 million in priority energy infrastructure
Interconnections represent a crucial part of the infrastructure of a modern energy system. In order to achieve a fully functioning Energy Union the EU has to invest in cross-border projects. EU Member States voted on a European Commission proposal to grant financial [...]

Inauguration of the construction work of Polish section of the gas interconnector Poland – Slovakia
The construction of the Polish section of the new cross-border gas pipeline connecting Poland and Slovakia, was launched on the 6th September 2019. The construction of the Slovak section started already in September 2018 and works are well progressing. The [...]

Construction of LNG terminal on Krk Island advances
The first phase of the construction of a Liquefied Natural Gas (LNG) terminal on the island of Krk in Croatia is well under way. Currently held activities include: construction of the jetty and auxiliary systems, construction of the connecting high-pressure gas [...]

Three Seas Initiative Investment Fund established
Less than one year after signing the letter of intent on the Three Seas Fund during Bucharest Summit in September 2018, the investment fund has been established. On May 29th – Polish development bank Bank Gospodarstwa Krajowego (BGK) and Romanian development bank - [...]

Second LNG terminal in Poland
Poland aims to develop the second LNG terminal on its Baltic coast. Polish secretary of state responsible for energy projects, Piotr Naimski, declared that Poland is planning to install a floating storage and regasification unit in Gdańsk capable of handling 4 billion [...]
EU awards €323 million grant to Baltic synchronisation project
A Connecting Europe Facility (CEF) grant of €323 million was awarded to support the first phase of investments necessary for the synchronisation of the Baltic States' electricity network with the European system. Signed in the presence of Mr Arias Cañete, Commissioner [...]

PGE Baltica to manage the wind farm in the Baltic Sea
PGE Baltica, a newly established company by PGE, CEEP member, will implement the offshore wind farm program, an important part of PGE’s development strategy. The first farm in the Baltic Sea should be commissioned by 2025. PGE Baltica will deal with the comprehensive [...]

LNG proves to be a reliable solution for Poland and CEE region’s energy security
Poland has received 50 deliveries of LNG cargos with a total volume of 5.7 bcm after regasification, since 2016. Overall, 37 cargoes arrived from Qatar as part of a long-term contract with Qatargas, 9 spot deliveries – from Norway, the USA and Qatar, and one delivery [...]
Plans to introduce Capacity Mechanisms in Lithuania progressed
The National Energy Independence Strategy of Lithuania adopted in 2018 provides that one of the key principles of the development of the electricity sector is to reduce energy dependence on electricity import by promoting sustainable investments in the development of [...]
Gas is getting a bigger role in power generation in Poland
The capacity of low carbon gas fueled electricity generation and cogeneration units in Poland is expected to reach 4000 MW in the coming years. Investments in such technologies are considered by key Polish energy companies: PGE, Energa, Tauron, PGNiG Termika and PKN [...]
Croatia to spend EUR 100 million for Krk LNG
The government of Croatia announced that it will spend EUR 100 million from the state budget for the first phase of the construction of the Krk LNG terminal in 2019 and 2020. The estimated value of the project, EUR 234 million, includes a specific vessel, that is the [...]
Polish-Lithuanian submarine cable – Cooperation Agreement signed
Polish and Lithuanian Transmission System Operators, PSE and LITGRID, signed the Initial Cooperation Agreement to start the Preparation Phase of the construction of the submarine HVDC cable, a new interconnector named “HARMONY Link” by the two sides. The Initial [...]

Lithuanian parliament approves FSRU acquisition
The Seimas of the Republic of Lithuania approved decision on the assurance of the long-term import of the liquefied natural gas to Lithuania. This decision to secure the continuous supply of LNG enables optimization and reduction of the annual operating costs of the [...]
HEP Group to invest 800 mln EUR into electric power grid by 2021
The representatives of Hrvatska elektroprivreda (HEP) presented recently HEP Group’s planned investments into electric power grid by 2021. Total sum of investment is equal to almost HRK 6 billion (EUR 800 mln). Strategy foresees that by 2021 HEP Group shall invest [...]

Development of LNG terminal on Krk Island is advancing
State-owned LNG Croatia haschosen Golar Power Ltd. as the best bidder to deliver a floating storage and regasification unit (FSRU) for a planned liquefied natural gas (LNG) terminal in the northern Adriatic. Simultaneously, project is within the second open season [...]

Baltic Pipe gets green light from Poland and Denmark
The Polish and Danish gas transmission system operators: GAZ-SYSTEM and Energinet have both made positive investment decisions and agreed to implement the joint Baltic Pipe project. The final investment decisions were announced in Warsaw on 30th November 2018. The [...]

Lotos is at the forefront of e-mobility development in Poland
Lotos Group is in the testing phase of first 12 fast chargers installed along the A1 and A2 motorways connecting Warsaw with Gdansk and Gdynia on the Baltic Sea shore. The so called “Blue route” is an important step in the implementation of the Lotos 2022 strategy [...]

Polish Government announced plans to develop 8 GW of offshore wind by 2035
The Polish State Secretary for Energy, Grzegorz Tobiszowski, announced the plans during the conference on 7th of November. According to the announcement, the parliament will soon pass a law facilitating development and construction of offshore wind farms. Furthermore, [...]

A new LOTOS project supported by the EU
Grupa LOTOS and LOTOS Paliwa will obtain EU funding for their project to construct hydrogen purification and distribution units and two hydrogen refuelling points (in Gdańsk and Warsaw) as part of the Connecting Europe Facility (CEF). The project, worth almost EUR [...]

Priority projects in energy field adopted during the Three Seas Initiative Summit in Bucharest
The third summit of the Three Seas Initiative was held on the 17-18thof September 2018 in Bucharest. For the first time, it was accompanied by a Business Forum which gathered more than 300 business representatives, experts and officials. Chairman of the Board of [...]

Baltic TSOs apply to join Continental Europe Synchronous Area
The Baltic transmission system operators (TSOs) signed on 19.09.2018 the application for joining the Baltic power grids with the Continental Europe Synchronous Area by 2025. The application will be submitted on Wednesday to Poland, through which the synchronisation [...]

Construction of Slovak-Polish gas interconnection launched
On 12 September, in Velke Kapusany, was officially launched the construction of a gas pipeline link between Slovakia and Poland, that will be 160 – kilometers long, being built by Slovakia’s Eustream and Poland’s Gaz-System. The event was attended by the Slovak Prime [...]

The potential of Three Seas Initiative in the energy sector
The third summit of the Three Seas Initiative is held on the 17th and 18th of September 2018 in Bucharest. After meetings in Croatia, 2016, and Poland, 2017, leaders of 12 Central European states will gather on the shores of the Black Sea to further empower their [...]

Flagship projects of the Three Seas Initiative in the field of energy
Three Seas Initiative (3SI) is a flexible forum for cooperation between heads of state, designed to offer political support in order to foster a more effective cooperation of governments, business entities and non-governmental organizations interested in boosting [...]
Role of hydropower as stable and sustainable source of energy. HEP’s portfolio and development plans.
Davor Bošnjak Head of Intraday Trading and Planning Department, HEP, Croatia Thinking about many challenges and opportunities for RES deployment in Central and Eastern Europe, it is necessary to understand an operational process how this generation influences the [...]

The tests on desynchronization of Baltic power grids planned for June 2019
An attempt to desynchronise the Baltic transmission system operators from the Russian system will be carried out in June 2019. During the 12 hours test, all nine power lines that connect the Baltic States with Russia and Belarus will be switched off, while the three [...]
Meeting of the Central and South-Eastern European Connectivity (CESEC) High Level Group in Sofia
The fifth Meeting of the High-Level Group on Central and South-Eastern Europe Connectivity (CESEC) took place on 29 June 2018, in Sofia, Bulgaria. The Forum was hosted by the Energy Minister Temenuzhka Petkova and was attended by Commissioner for Climate Action and [...]

Baltic pipe: progress in the investment process
Gaz-System, the main investor of the Baltic Pipe project, has accepted the proposal of the offshore pipeline route under the Baltic Sea, recommended by consultant company Ramboll. The total length of the selected route is 275 km and it crosses the territorial sea of [...]
The EU invests in the infrastructure projects in Central Europe
Members States, on the 16.07.2018 agreed on the investment of EUR 48 mln in several infrastructure projects across the entire EU. This sum will be divided between 8 proposals to undertake studies, of which 4 are in the electricity sector, 2 in the gas sector, 1 for [...]

The diagnosis of the European electricity market from the point of view of the Polish Transmission System Operator
The management and balancing of the power system is becoming more and more complicated and expensive, and the European TSOs face new challenges. In order to prevent the instability of the system and the increase of the energy costs for the end users, it is necessary [...]
European solidarity on Energy: Synchronisation of the Baltic States’ electricity network with the European system will strengthen solidarity and security of supply in the region
The President of the European Commission Jean-Claude Juncker together with the Heads of State or Government of the Baltic States and Poland has signed on 28th June, the Political Roadmap on the synchronisation of the Baltic States' electricity networks with the [...]

Green light for the strategic gas pipeline between Lithuania and Poland !
The gas transmission system operators from Poland and Lithuania have signed a Connection Agreement that governs legal, business, and technical aspects of the investment project. The conclusion of the Connection Agreement is a real joint commitment of the Parties to [...]

The Baltic Pipe connecting the Dansih and Polish gas transmission system received 33 million from the Connecting Europe Facility
On 24th of May, GAZ-SYSTEM and Energinet signed a tripartite co-financing agreement with the EU Innovation and Networks Executive Agency (INEA) for Baltic Pipe engineering works under the Connecting Europe Facility (CEF). The EU funding counts about €33,1 million and [...]

Electricity consumption in Lithuania hit record high in FY 2017
The final electricity consumption in Lithuania in full year 2017 was 10.760 billion kilowatt hours, an increase of 291.7 million kilowatt hours or 2.8 per cent rise year-on-year. That was the highest consumption of electricity in Lithuania since 1992. Increased [...]

The EU supports Baltic synchronization project
The synchronization process is a key step to physically integrate the Baltic States with the Continental European energy system. Project itself offers a major contribution to the solidarity and energy security of the European Union and eventually terminates isolation [...]

LOTOS Group is advancing its innovation strategy
After two years of cooperation, LOTOS and Electric Power Research Institute (EPRI) are further tightening their partnership. Recently has been announced that EPRI is opening a regional office in Gdansk, Poland, first one in the CEE region and second in Europe at large [...]
Polish Energy Group (PGE) to develop more low carbon assets
Polish Energy Group (PGE) is a top player in Polish electricity market. In 2017 its production output reached 57 TWh of electricity and 25 million GJ of heat. Currently, the company is reflecting on its post-2020 commercial strategy which include the development of [...]

8 GW of offshore wind capacity could be installed in Poland
In his recent interview with polish newspaper Rzeczpospolita, Eryk Kłossowski, President of Management Board of PSE (Polish TSO-e), CEEP member, was talking about the development plans of his company. In the perspective of next 10 years PSE aims to invest [...]

Rafał Miland (PERN): extension of the Pomeranian Pipeline will increase the reliability of deliveries
"We want to build the second branch of the Pomeranian Pipeline, because it will increase the reliability of deliveries carried out by PERN, but also strengthen their security on a regional scale", explained the Vice-President of PERN and Vice – Chairman of the Board [...]

EU invests €79 million for gas and electricity projects in Central Europe
Nine out of 17 selected electricity and gas projects for EU funding are from Central and Eastern Europe, for a total value of €79 million out of €873 million. The EU funding for the chosen projects comes from the Connecting Europe Facility (CEF), the European support [...]

LOTOS secures two new licences in Norway
LOTOS Exploration and Production Norge AS (“LOTOS Norge”), part of the Grupa LOTOS - a CEEP member, was offered two new exploration and production licences by the Norwegian authorities, on the January 16th. The new licences have proven hydrocarbon reserves located in [...]

EU Grant Agreement for the Poland-Slovakia Gas Interconnection
European Union’s Innovation and Networks Executive Agency (INEA), GAZ-SYSTEM S.A. and Eustream have signed the Grant Agreement for the construction works for the Poland-Slovakia Gas Interconnection - a new cross-border transmission pipeline, of which 59 km is located [...]

PSE S.A. views on the “Clean energy for all Europeans”
Regarding the proposed model of electricity market set forth in the package “Clean energy for all Europeans”, PSE is of the opinion that in order to maintain security and reliability of electricity supplies as well as to ensure effectiveness of electricity market, it [...]

PSE S.A.: the implementation of the Electricity Balancing Market Management System to start in 2018
PSE S.A. will start implementing the Electricity Balancing Market Management System (MMS) in Poland as from 2018, in partnership with ABB Sp. z o.o., the winner of the public tender, for 34.2 mln PLN (8 mln EUR). MMS system is an IT tool that will facilitate a [...]

First U.S. crude oil delivered to LOTOS refinery
Poland’s second largest oil refiner, Grupa LOTOS, has received on the 09th of November 2017, a crude oil shipment of 600,000 barrels of domestic sweet crude, equivalent to around 80,000 tonnes. The tanker “St. Hellen” left the Freeport of Texas on October 19th and [...]

The Open Season 2017 for the Baltic Pipe project completed
The final phase of the Open Season 2017 procedure ended up with a positive result proving the demand from the market for capacity to be delivered by the Baltic Pipe Project. The participants have confirmed their interest shown in the first phase, by submitting binding [...]
REPORT: Technology neutral capacity mechanism in Poland is needed to provide stable energy supplies
According to a recently issued report by Compass Lexecon, the security of electricity supply in Poland in the long run can only be guaranteed by implementation of the capacity mechanism (CM). This solution would be the most efficient form of intervention and the most [...]
Polish energy and science gets EUR 1bn from EIB
The European Investment Bank (EIB) has confirmed that it will provide almost EUR 1bn for strategic investments in energy and science in Poland. In line with its aim of promoting competitive and secure energy, the EIB has provided EUR 250m of financing to Energa for [...]

First U.S. LNG cargo delivered to Lithuania
The floating terminal “Independence” in Klaipeda received on the 21st of August 2017, 140,000 cubic meters of U.S. LNG gas. The spot cargo was delivered by Cheniere Energy, the owner of Sabine Pass liquefaction terminal in Louisiana. It is the first delivery of [...]

The Baltic Pipe Project moves to the next level
The Phase I of the Open Season 2017 for the Baltic Pipe project revealed an existing interest in the realisation of the Baltic Pipe Project and confirmed sufficient demand for gas transportation from the North Sea through Denmark and the Baltic Sea to Poland. Based on [...]
Where do we go from here? Czech energy policy in a desperate need of clear guidance
The European energy sector has gone through some turbulent times in the past ten years. Supply crises, emission cutting, changing energy markets, volatile prices, etc. Each and every one of these factors influencing the situation, bear the same information – the [...]

Three Seas Initiative Summit’s joint declaration
Heads of state from Central Europe met for the 2nd Summit of the 3 Seas Initiative to address how to drive forward regional infrastructure projects. The joint declaration states the will of the 12 countries located between the Adriatic, the Baltic and the Black Seas, [...]

North-South Gas Corridor: Poland and Croatia join efforts
Polish gas pipeline operator GAZ-SYSTEM signed an agreement with Croatian counterpart Plinacro to move forward towards achieving the North-South Gas Corridor, during the Three Seas Initiative Summit, early July. The two operators underlined their will to boost the [...]
Croatia and Hungary sign MoU on gas interconnection project
Croatia and Hungary signed a memorandum of understanding (MoU) on a common approach towards the construction of a gas interconnection between the two countries. The MoU foresees the establishment of bi-directional gas transmission in three phases. During the first [...]
The Baltic region needs new power plants for after 2025
The long-term power system adequacy analysis of the Baltic countries, which has been carried out for the first time by the electricity transmission system operators of Lithuania, Latvia and Estonia, has shown that the existing double-circuit Lithuanian-Polish power [...]

The Baltic Pipe: companies can bid for capacity
Polish and Danish gas transmission system operators (TSOs) have launched the Open Season 2017 Procedure on the 6th of June, inviting all potential shippers to bid for capacity in the probable new gas pipeline from Norway to Denmark and Poland, the Baltic Pipe. The [...]
EUR 40 million EU funding to connect Slovenian and Croatian electricity grids
Some €40 million of EU funding from the Connecting Europe Facility (CEF) will be released for a smart grids project that enhances links between the electricity grids of Slovenia and Croatia and gives a boost to the use of renewable energy in the region. The project [...]
V4 TSOs concerned by nontransparency around the Austrian-German power management deal
V4 Transmission system operators (ČEPS, MAVIR, PSE, SEPS) and TRANSELECTRICA are deeply concerned by nontransparent developments around the implementation of congestion management at the Austrian-German border On 15 May, national regulatory authorities of Germany1 and [...]
First LNG delivery from U.S. Supplier to Poland
Polish Oil & Gas Company (PGNiG) will bring the first delivery of liquefied natural gas from U.S. Supplier to Poland. LNG will be delivered by Cheniere Energy. The transaction was overseen by PGNiG trading office branch in London. The first cargo of LNG from a [...]

EPSO-G’s strategy: key projects, regional development and efficiency
JSC “EPSO-G”, Lithuanian energy Group Company and CEEP member, recently shared some details about its five-year strategy. It comprises four key directions of the activities of the Group – sustainable growth and the long-term benefit for shareholders; the development [...]

€800 million EU funding for cross-border energy infrastructure (PCIs)
The European Commission is releasing €800 million of funding for projects of common interest (PCIs) in the areas of electricity, gas and smart grids infrastructure. The 2017 call for proposals under the Connecting Europe Facility (CEF) Energy is now open and [...]

The activities of LOTOS Group in context of the challenges of the New Energy Market Design
One of the key challenges that today’s oil companies are facing is the question of adapting their operations to the requirements set by the EU regulations. Because of this, LOTOS Group, a leading refinery in Central-Eastern Europe, is continuing to implement further [...]

The PSE strategy for 2017-2019
The PSE strategy for 2017-2019 – innovation with a view to future generations and respect for all stakeholders, covers the following issues: Safety for future generations Sustainable development Stable system operation Money spent in a better way PSE resources. This [...]

Smart Grid Demonstration Project in Poland to improve power system protection in case of high penetration of renewable energy
The New Energy and Industrial Technology Development Organization (“NEDO”), Hitachi, Ltd. (TSE:6501/“Hitachi”), Hitachi Chemical Co., Ltd. (TSE:4217/“Hitachi Chemical”), Sumitomo Mitsui Banking Corporation (“SMBC”), Polskie Sieci Elektroenergetyczne S.A. (“PSE”), [...]

PGE Group – operating and financial results for 2016
Electricity distribution and sales volumes increased compared to the previous year Construction of new units at Opole and Turów is on schedule. Work at Opole is over 70% complete and nearly 18% at Turów PGE expects further efficiency improvements and higher [...]
LOTOS posts record high results
Consolidated LIFO-based EBITDA, normalised to remove one-off items, reached almost PLN 2.6bn in 2016, 20% up on 2015. Consolidated LIFO-based EBIT soared 175% year on year, to PLN 1.9bn. Consolidated net profit for the year exceeded PLN 1bn, the best ever result [...]

Lithuania’s electricity consumption: highest in a quarter of a century
The final electricity consumption in Lithuania totalled 10.47 kilowatt hours (or 10.47 terawatt hours, TWh) in 2016. Residents, businesses, agriculture and transport used 4.5% more electricity compared to 2015. The growth rate in agriculture was as high as 8.4%, [...]

EU invests 263 EUR million on energy infrastructure in CEE region
EU countries agreed on European Commission proposal to invest 444 EUR million in 18 energy infrastructure projects, out of which ten are to be implemented in Central and Eastern Europe for a total amount of 263 EUR million. These projects, known as projects of common [...]

OSW: The OPAL pipeline: controversies about the rules for its use and the question of supply security
The record volumes of gas supplied via the OPAL and Nord Stream pipeline in recent weeks have been accompanied by controversy over the rules for utilisation of the OPAL pipeline’s capacity. There has long been uncertainty as to the actual content of the decision taken [...]
The new Romanian energy strategy explained by its coordinator
The Energy Ministry posted on the 19th of December, the Energy Strategy of Romania 2016-2030, with an Outlook to 2050. It has been a long-awaited document, on which stakeholders have for years pinned hopes about favored energy policies and from which decision-makers, [...]