News from the region

Central and Eastern Europe
Baltic offshore wind declaration signed

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 [...]

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Latvia and Estonia sign MoU for joint offshore wind farm

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 [...]

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PGNiG and Toyota set to jointly advanced hydrogen in Poland

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 [...]

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BALTIC POWER TRADE with non-EU countries

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, [...]

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Krk LNG terminal fully booked for next years

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. [...]

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PowerUp! Challenge – join the upcoming virtual events!

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! [...]

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Minor increase of wind generation in Central Europe

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 [...]

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2020 CEF Energy call for proposals

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 [...]

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Apply for the PowerUp! Challenge

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 [...]

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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. [...]

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The Just Transition Mechanism explained

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) [...]

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Construction of LNG terminal on Krk Island advances 

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 [...]

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Three Seas Initiative Investment Fund established

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 - [...]

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Second LNG terminal in Poland

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 [...]

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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 [...]

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PGE Baltica to manage the wind farm in the Baltic Sea

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 [...]

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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 [...]

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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 [...]

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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 [...]

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Lithuanian parliament approves FSRU acquisition

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 [...]

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Development of LNG terminal on Krk Island is advancing

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 [...]

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Baltic Pipe gets green light from Poland and Denmark

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 [...]

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Lotos is at the forefront of e-mobility development in Poland

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 [...]

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A new LOTOS project supported by the EU

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 [...]

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Baltic TSOs apply to join Continental Europe Synchronous Area

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 [...]

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Construction of Slovak-Polish gas interconnection launched

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 [...]

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The potential of Three Seas Initiative in the energy sector

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 [...]

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Baltic pipe: progress in the investment process

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 [...]

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The EU supports Baltic synchronization project

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 [...]

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LOTOS Group is advancing its innovation strategy

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 [...]

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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 [...]

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8 GW of offshore wind capacity could be installed in Poland

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 [...]

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LOTOS secures two new licences in Norway

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 [...]

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EU Grant Agreement for the Poland-Slovakia Gas Interconnection

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 [...]

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PSE S.A. views on the “Clean energy for all Europeans”

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 [...]

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First U.S. crude oil delivered to LOTOS refinery

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 [...]

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The Open Season 2017 for the Baltic Pipe project completed

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 [...]

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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 [...]

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First U.S. crude oil delivered to LOTOS refinery

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 [...]

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The Open Season 2017 for the Baltic Pipe project completed

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 [...]

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Three Seas Initiative Summit’s joint declaration

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, [...]

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North-South Gas Corridor: Poland and Croatia join efforts

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 [...]

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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 [...]

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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 [...]

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The Baltic Pipe: companies can bid for capacity

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 [...]

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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 [...]

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PSE S.A. views on the “Clean energy for all Europeans”

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 [...]

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PGE Group – operating and financial results for 2016

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 [...]

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LOTOS posts record high results

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 [...]

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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, [...]

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U.S. LNG export projects – Part 3 (Projects under review)

U.S. LNG export projects – Part 3 (Projects under review)

In this, the third of our three-part series, we take a look at the U.S. liquefied natural gas (LNG) export projects that are currently in the middle of their regulatory reviews at the Federal Energy Regulatory Commission (FERC)—which has jurisdiction over the siting, [...]

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OPAL pipeline increased capacity – a legal perspective

General information OPAL Gastransport & Co. KG, operates the OPAL, an approximately 470 kilometers long pipeline, which runs south from the Nord Stream landing point in Lubmin, near Greifswald, as far as the Czech Republic. Along the route, the natural gas [...]

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U.S. LNG export projects – Part 3 (Projects under review)

U.S. LNG Export Projects – Part 2 (Projects Near Development)

As discussed in last month’s CEEP Report, the United States has five LNG export projects that are already under construction, which could produce 68.4 million tonnes per annum (mtpa) of LNG when all 14 “trains” come online before the end of 2019. (Currently, only two [...]

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