The average price of electricity costs €890.54 per megawatt-hour on Friday (January 5), data from the Nord Pool power exchange shows. The price will not drop below €150 per megawatt-hour on Friday and will be cheapest between 2 a.m and 3 a.m. at €150.06. Between 8 a.m. and 9 p.m.,Continue Reading
It is cold all across Finland, but especially in the far northwest of Finnish Lapland where a temperature of -44.3 degrees Celsius was recorded just after 2 am Friday at Enontekiö. The Finnish Meteological Institute noted Thursday that temperatures below -42C have been recorded only three times this century. “WeContinue Reading
Norway’s parliament adopts a resolution calling on the government to be ready to recognize an “independent” Palestinian state. The proposition was made by Norway’s ruling coalition to counter a resolution by smaller parties calling for an immediate recognition of a Palestinian state. Passed with an overwhelming majority in parliament, itContinue Reading
The Estonian state is assessing capabilities of European munitions manufacturers in its biggest procurement to date, at €280 million. While production lines are currently experiencing wait lines of up to two years, the state hopes for faster delivery times than this, while all will in any case be revealed inContinue Reading
Among other topics the prime ministers will focus on the “close cooperation between Finland and Sweden in the Nato membership process”. Finnish Prime Minister Petteri Orpo (NCP) is scheduled to meet with his Swedish counterpart, Ulf Kristersson, on Monday 27 November. Following bilateral talks, the PMs will join Finnish andContinue Reading
Denmark’s sky-high gamble threatens aviation future Airports Council International Europe has issued a cautionary note to the Danish Government, discouraging the introduction of a passenger tax averaging 100 Danish krone or $14 (€13.41) on air travel. The advisory, delivered on Wednesday, emphasizes potential drawbacks, including the undermining of decarbonization, connectivity,Continue Reading
Sweden is planning a“massive” expansion of new nuclear power, the government said. By 2045, it wants the country to have the equivalent of 10 new reactors, two of which will already be operational by 2035. This would mean“a historic restructuring of Sweden’s energy policy,” Minister for Energy, Business and IndustryContinue Reading
Evecon, an Estonian renewable energy company, and Corsica Sole, a French company, will build two battery energy storage systems with a total capacity of 200 megawatts in Harju County by 2025. The battery parks will be located in Kiisa in Saku Rural Municipality and Arukylä in Raasiku Rural Municipality, correspondingly.Continue Reading
The latest shipment brings the total value of defence support provided by Finland to Ukraine since Russia’s invasion in February 2022 to 1.5 billion euros. Finland is preparing to send additional defence materiel to Ukraine, the Finnish Ministry of Defence announced in a press release on Friday. The latest shipmentContinue Reading
Finland announced plans to close four border crossing points in the southeast from midnight on Friday, but four more will remain open further north along the country’s frontier with Russia. Finland’s government is prepared to take further action if Thursday’s decision to close four crossing points on the border withContinue Reading