The area earmarked for wind farms in the maritime spatial plan will be divided into three to four parts and put up for auction in September. The winners of the auctions will play a key role in Estonia’s energy future. A total of 44 construction permit applications have been submittedContinue Reading
The consumption of hard coal in Finland increased by 10 percent during 2022 compared to the previous year, according to preliminary data published on Wednesday by Statistics Finland. The increased usage was especially apparent in the production of electricity and heat, the number-crunching agency noted, although consumption of coal asContinue Reading
The energy war started due to anti Russian sanctions and consequent rises in energy prices have brought massive profits to many energy firms without them having to do anything special. A windfall tax is one way to deal with these excessive profits. The EU-wide tax project has begun to takeContinue Reading
Said to be breakthrough sustainable innovation for the mining industry’s transition to low-carbon production, the very first battery-powered MT42 truck was presented this week. LKAB, Europe’s largest iron-ore producer, is ready to put the vehicle into operations hundreds of meters under the surface at its mine inside the Arctic Circle.Continue Reading
It seems like the perfect storm for Europe’s energy security as winter is fast approaching and energy prices are rising. Having turned away from Russia as a gas provider, the European Commission has begun negotiating with Norway. A deal for long-term energy cooperation will be discussed during the EU energyContinue Reading
STAVANGER, Norway — With natural gas scarce and pipelines in peril, Europe has rarely neededNorway more. Or resented it as much. More than seven months into the war in Ukraine, the Scandinavian country is increasingly central to Europe’s energy security. Norway, not Russia, is now the European Union’s leading naturalContinue Reading
As part of the deal, Fortum will receive 0.5 billion euros for its majority stake in the German gas importer. The Finnish company Fortum confirmed on Wednesday that it will be selling its entire stake in gas firm Uniper to the German government. As part of the deal, Fortum willContinue Reading
Support for developing more wind power projects on land is increasing after several years of decline. There are now more people in favor of more wind power than there are against it. Fresh figures from the Cicero Center for Climate Research show that 39% of Norwegian respondents now support moreContinue Reading
Lithuanian PM Šimonytė has hinted that the third stage of liberalisation of the retail electricity supply market may be delayed until more power plants using renewable energy sources are developed, which may take years. “I believe a delay will be for more than a year, perhaps for three or evenContinue Reading
Reuters on Tuesday reported that Russian state-owned firm Rosatom has begun legal proceedings seeking $3 billion in damages from Finland’s Fennovoima consortium for pulling the plug on a nuclear power plant in Finland. Prior to Russia’s invasion of Ukraine, Finland was to grant final building permits for the project thisContinue Reading
Sweden
1,222,892
Denmark
529,210
Lithuania
484,537
Norway
300,013
Latvia
259,215
Estonia
226,304
Finland
197,476
Iceland
18,896