Poland

Polish special services are examining if Orlen Trading Switzerland, an unit of Polish refiner Orlen, breached sanctions on the import of oil from Russia or Iran, personal broadcaster Radio Zet reported on Thursday. The investigation would be the most recent probe to target the state-controlled business, after prosecutors began taking a look at whether it artificially decreased costs ahead of a 2023 election, creating losses, and offered possessions at prices at listed below their fair value to get a smaller peer, Lotos. Orlen did not breach any sanctions, the business said in an emailed action to ' questions on Thursday....

Liquefied natural gas ( LNG) exporter Venture Global LNG on Thursday provided to U.S. regulators a proposed protective order seeking to keep documents on the construction of a Louisiana export facility personal. The request will test the Federal Energy Regulatory Commission's (FERC) determination to back a call by Endeavor Global LNG's customers to need the business to divulge details on the plant's startup and repair work. Endeavor Global has said it would not make the info readily available unless purchased to do so . FERC had actually given Endeavor Global 5 days to supply the proposed order that sets out...

The head of Polish energy regulator URE sees room for a regulated power price below 600 zloty ($ 148) per megawatt hour (MWh). Rafal Gawin informed reporters on Thursday that the managed power cost his office sets for households might fall listed below 600 zloty MWh from July, when brand-new tariffs will be in location under guidelines the federal government is currently dealing with. Poland is changing measures to alleviate the impacts of the energy crisis, which include a cap on home power rates and settlement for energies for the distinction to the controlled cost set by URE based upon...

Ukraine prepares to almost double electrical energy imports on Monday and does not anticipate to export power, the nationwide grid operator Ukrenergo said. Ukraine greatly increased imports of electrical power and halted exports after a series attacks on the nation's energy system in late March and early April, but later decreased imports due to favourable warm and windy weather. Ukraine on Monday might import a total of 9,242 megawatt hours ( Mwh) from Romania, Slovakia, Poland, Hungary and Moldova, Ukrenergo stated on the Telegram messaging app. It said exports are not prepared. Ukraine imported 4,750 Mwh on Sunday, 833 Mwh...

Poland's ministry of state assets is working on separating the country's coal assets from its statecontrolled energies, Parkiet paper reported on Thursday, as the government takes a look at alternatives for the two sectors. Polish energy shares fell sharply in Warsaw on Wednesday after Market Minister Marzena Czarnecka stated that rather of spinning off coal mines they must be linked to energies. Czarnecka's ministry is in charge of mining, which is under pressure from increasing expenses and enormous coal surpluses, while the state possessions ministry supervises state-controlled energies. The ministry of state properties is analysing a gradual but indisputable separation...

The optimal power cost for Polish households will be set at 500 zlotys ($ 123) per megawatthour (MWh) for the second half of 2024, according to a. draft costs published on the government's website late on Tuesday,. up from 412 zlotys per MWh presently. To mitigate the results of the energy crisis Poland topped. power prices for vulnerable customers in 2022, while. compensating energies for the difference in between the cap and. higher market value. With prices falling, the costs of assistance procedures, will. fall substantially as utilities have ample room to cut. regulated costs, Climate Minister Paulina Hennig-Kloska stated...

Poland's leading utility PGE stated on Monday it will take all steps essential to guarantee its Turow lignite mine and power plant near the Czech border can operate for as long as needed. We will correct previous mistakes and take all essential actions to preserve the normal operation of the Turow mine and power plant with the utmost attention to eco-friendly problems and the safety of the entire region, for as long as needed, PGE CEO Dariusz Marzec stated in a statement. A regional court reversed a 2022 ecological permit for Turow on March 13, but allowed the open-pit mine...

Poland's power manufacturers Europe's most coaldependent have handled to increase overall electrical energy generation levels while cutting emissions so far in 2024, thanks to lower coal use in power stations and higher wind output. Coal-fired electrical energy generation over the very first 2 months of the year visited 9.2% from the exact same duration in 2023, however overall electrical power output climbed by nearly 2%, information from energy think tank Cinder programs. Lower coal use has, in turn, led to lower power sector emissions, which fell by more than 1.3 million metric tons of carbon dioxide (CO2) in 2024 through...

Ukraine might deal with a boost in electricity lacks this summertime triggered by current Russian attacks on power stations in the middle of increasing usage and a repair campaign at nuclear reactor, the head of the country's grid operator said on Friday. Considering that late March, the Ukrainian energy sector has actually been the target of massive Russian rocket and drone attacks, triggering blackouts in lots of areas and raising the problem of decentralisation of producing capacity. We will certainly deal with obstacles in the summer season and these obstacles will be mainly related to capability scarcities due to damage...

Poland is not giving up its climate ambitions, a top official said on Wednesday, after the federal government submitted an environment and energy strategy to the European Commission with a green energy target disappointing a. preelection promise. Civic Union, the biggest grouping in the ruling camp,. ran in the Oct. 15 election vowing it would look for to achieve. in between 65% and 70% of power production from renewable resource. sources by 2030. The National Energy and Climate Strategy dated Feb. 29 that. Warsaw sent to Brussels consists of a target of 50% share of. sustainable power in the electrical...

Significant Czech steel maker LIBERTY Ostrava is making a takeover offer for TAMEH Czech, an insolvent energy manufacturer to whom it owes millions of dollars, to deal with a crisis that has actually hobbled both companies, a supervisor at the steel maker stated. LIBERTY momentarily shut down its only operating blast heater in October amidst weak need. It sent out most of its 6,000 workers home and entered a three-month debt moratorium in December pending restructuring efforts. TAMEH, which declares over 2 billion crowns ($ 85.55 million). in past-due financial obligations from LIBERTY, shut down materials and declared. insolvency. Resolution...

Poland is examining if its Nuclear power plant can be built by 2033 in the middle of hold-ups the project suffered under the previous government that lost power in Oct. 15 elections, environment minister stated on Tuesday. We are examining whether it is possible to provide by 2033, there are numerous doubts about it, we currently have further hold-ups and they have not taken place in the last 2 months, Paulina Hennig-Kloska informed radio RMF FM. The new cabinet, in power since Dec. 13, validated that Poland needs nuclear power to cut coal from the mix and sealed the location...