Thu, 2 Dec 2010: Latvia plans new power plant…

Energy is a cornerstone of the economy, and the country’s economic activity is entirely dependent on it. If this cornerstone crumbles, everyone is affected. “In terms of Latvia’s...

Wed, 28 Jul 2010: Consortium expresses interest in gas-fired power plant…

We are only interested in the technical implementation possibilities of the project,” stressed Goldman, adding that the necessary financial resources were already in place in a fund belongin...

Wed, 17 Mar 2010: EBRD funding energy upgrade…

Latvenergo produces around 95 percent of the total Latvian power capacity via its two combined heat and power facilities, Riga CHP-1 and Riga CHP-2, and its hydroelectric power plants. The EBRD ...

Wed, 24 Feb 2010: Korea offers nuclear technology…

The delegates include Lithuania’s Defense Minister Rasa Jukneviciene and Vice Minister of Energy Romas Svedas. “The Lithuanian government is planning to build two nuclear power plan...

Wed, 6 Jan 2010: Power generator closure receives strong criticism…

“Operation without [the nuclear plant] is no big news for the Lithuanian electricity system – it has happened each year, when the power plant was stopped for scheduled maintenance. The...

Thu, 2 Apr 2009: Coal-powered energy plant gains support…

"Coal can be shipped from various places. It does not increase dependence on one supplier," Dombrovskis said. Biomass may also partially fuel the power plant. Research on biomass in Latvia is at...

Wed, 6 Aug 2008: Scramble for energy …

The power transmission system operator Lietuvos Energija (Lithuanian Energy) said that Lietuvos Elektrine (Lithuanian Power Plant) and other local plants will supply around 43 percent of the cou...

Wed, 30 Jul 2008: Plans for nuclear plant move forward…

1. This joint venture company will be responsible for evaluation, planning and design of the new power plant. "Today's negotiations were truly successful. We agreed on the major issues with our...

Wed, 30 Jul 2008: Plans for nuclear plant move forward…

1. This joint venture company will be responsible for evaluation, planning and design of the new power plant. "Today's negotiations were truly successful. We agreed on the major issues with our...

Wed, 23 Jul 2008: ‘Chaos’ over power plant company…

However, with the management company the situation will be quite different, the stakes will be dependent on the environment impact assessment," Kirkilas said. "The ministers of Latvia, Estonia an...

Wed, 16 Jan 2008: Lithuania to train nuclear power experts…

No more than 30 - 40 percent of employees from the existing plant in Ignalina are to be employed at the new facility. Currently the Kaunas University of Technology gives diplomas to about 10 nuc...

Wed, 23 Aug 2006: Gazprom dismisses Kaunas executive…

Stasiukynas has disputed the legal nature of the board meetings and claims that he is still CEO of the plant. On Aug. 4, a Vilnius court appointed Rimandas Stonys, president of the gas imports ...

Wed, 11 Jan 2006: Energy standoff lends urgency to nuclear question…

9 that Lithuania should decide on a new atomic plant without delay, saying that the project would require some 350 million euros from the state. "This year we must have a clear decision if and wha...

Wed, 10 Aug 2005: Error leads to shut-down at Ignalina…

8, and full restoration of operations took place Aug. 9, the plant reported.Radioactive levels remained unchanged at the facility during the interruption. Rymantas Juozaitis, CEO of Lietuvos Energ...

Thu, 3 Apr 2003: Estonia wants nuclear power…

Construction of a new power plant would require EU approval.Closure of the existing plant will leave electricity shortfalls in Lithuania, Latvia, Belarus and parts of western Russia.The oil-shale ...

Thu, 29 Jul 1999: Fortum, Uhispank buy power plant…

"Fortum's interest in taking Uhispank [into the deal] was to find a strong financial partner and a possibility to accommodate itself to the local environment," said Margus Kangro, director of the ...

Thu, 18 Mar 1999: Electricity to cost more in Estonia…

By 2001 the bill will total 170 million kroons.Estonia's energy production process produces a heavy amount of air pollution.The country produces virtually all of its power, 98 percent, by burning ...
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