Ocean Energy Resources

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Baltic transmission system operators reduce energy imports from Russia

General – Russia/Ukraine

In the wake of Russia’s military aggression against Ukraine, the operators of the Baltic transmission systems – Augstsprieguma tīkls of Latvia, Litgrid of Lithuania, and Elering of Estonia – have agreed to limit the total capacity of electricity imports from Russia.

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REWE Group and Ørsted sign long-term power purchase agreement

General – purchase agreement

REWE Group has signed a 10-year power purchase agreement with Ørsted to procure 100 MW of green electricity from Ørsted’s Borkum Riffgrund 3 offshore wind farm which is set to become operational in 2025.

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European Commission approves €100 mln grant for EuroAsia Interconnector electricity interconnection

General – electricity

In a landmark decision, the Council of the European Union has approved the allocation of a €100 mln grant to the EuroAsia Interconnector electricity interconnection as part of the Recovery and Resilience Plan for Cyprus to end the energy isolation of Cyprus, the last non-interconnected EU member state, and for the development of a sustainable and green economy.

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AST and Elering jointly seek the best solution for grid connection in Baltic Sea

The electricity transmission system operators in Latvia and Estonia, Augstsprieguma tikls (AST) and Elering will jointly study possible solutions for connecting the planned offshore wind park Elwind in the Baltic Sea to the mainland transmission network in Latvia and Estonia. [Read more…] about AST and Elering jointly seek the best solution for grid connection in Baltic Sea