Tag Archives: Russia

Ørsted continues to reject demand for payment in roubles – risk of Gazprom Export’s gas supplies to Ørsted being halted

Gazprom Export continues to demand that Ørsted pays for gas supplies in roubles. We have no legal obligation under the contract to do so, and we have repeatedly informed Gazprom Export that we will not do so. The payment deadline is 31 May and Ørsted will continue to pay in Euros. Therefore, there is a … Continue reading Ørsted continues to reject demand for payment in roubles – risk of Gazprom Export’s gas supplies to Ørsted being halted

Continue reading

Ørsted comments on demand about payment in roubles

Ørsted has received a demand from Gazprom Export to pay for gas supplies in roubles. We have no intention of paying in roubles. We are in close dialogue with other energy companies and the authorities regarding a common European response to Gazprom Export. Ørsted condemns Russia’s invasion of Ukraine and has already taken a number … Continue reading Ørsted comments on demand about payment in roubles

Continue reading

Russia enters 15,000 million euros for exports to Europe since the beginning of the invasion of Ukraine

Russia has entered 15,000 million euros since the beginning of the invasion of Ukraine, on February 24, thanks to exports of gas, oil and coal to the European Union, according to data from the CREA study center (Centre for Research on Energy and Clean Air).European gas imports have brought Russia 9.4 billion euros; those of … Continue reading Russia enters 15,000 million euros for exports to Europe since the beginning of the invasion of Ukraine

Continue reading

How Europe can Cut Natural Gas Imports from Russia significantly within a Year

IEA  provides 10-Point Plan to European Union for reducing reliance on Russian supplies by over a third while supporting European Green Deal, with emergency options to go further. Do not sign any new gas supply contracts with Russia. [Impact: Enables greater diversification of supply this year and beyond] Replace Russian supplies with gas from alternative … Continue reading How Europe can Cut Natural Gas Imports from Russia significantly within a Year

Continue reading

Joint statement on the IEA’s ten-point plan to reduce the European Union’s reliance on Russian natural gas

The Global Wind Energy Council (‘GWEC’) and WindEurope, are today jointly responding to the IEA’s 10-point Plan to Reduce the European Union’s Reliance on Russian Natural Gas. The report comes at a time of heightened concern over the security and resilience of national and regional energy systems. The Russian invasion of Ukraine is a tragedy … Continue reading Joint statement on the IEA’s ten-point plan to reduce the European Union’s reliance on Russian natural gas

Continue reading

Vestas halts four wind power projects in Russia

Wind turbine manufacturer Vestas will stop its four wind farm projects under development in Russia as a result of the Russian invasion of Ukraine. Vestas has been developing since September the four projects – Novoalekseevskaya, Grazhdanskaya, Ivanovskaya and Pokrovskaya – with a total capacity of 253 megawatts commissioned by a consortium between Finland’s Fortum and … Continue reading Vestas halts four wind power projects in Russia

Continue reading

Ørsted updates investors on the company’s exposure to gas contract with Gazprom Export

Ørsted condemns the Russian invasion of Ukraine and has already taken several steps to stop its cooperation with Russian companies. Ørsted has ceased all sourcing of biomass and coal from Russia for its power stations, Ørsted will not enter into new contracts with Russian companies, and Ørsted has made sure that none of Ørsted’s direct … Continue reading Ørsted updates investors on the company’s exposure to gas contract with Gazprom Export

Continue reading

Ørsted statement on the Ukraine-Russia conflict

Ørsted finds the situation deeply disturbing, not least the human suffering following the war in Ukraine. The Russian aggression goes against everything that Ørsted stands for, and we have therefore taken significant steps in accordance with our values as a company. Regarding the gas from Gazprom that is supplied to Denmark, Ørsted recommends a clear and … Continue reading Ørsted statement on the Ukraine-Russia conflict

Continue reading

Fortum in Russian Wind Power Cooperation With Gazprombank’s Unit Bank GPB

Fortum Oyj is a Finnish state-owned energy company located in Espoo, Finland. Fortum has more than fifty years of experience operating in Russia. Fortum holds a portfolio of around 3.4 gigawatts of wind and solar power parks and development projects in Russia both directly and with partners like the Russian Direct Investment Fund. The Fortum-Rusnano … Continue reading Fortum in Russian Wind Power Cooperation With Gazprombank’s Unit Bank GPB

Continue reading

The first kilowatts from the Medvezhenskaya Wind Farm of Rosatom entered the power grid of Russia

The Medvezhenskaya Wind Farm (Stavropol Krai) began supplying electricity to the wholesale electricity and capacity market on December 1, 2021. The wind farm with an installed capacity of 60 MW consists of 24 wind turbine generators. Local content of facility equipment, as confirmed by the Ministry of Industry and Trade of the Russian Federation, amounts … Continue reading The first kilowatts from the Medvezhenskaya Wind Farm of Rosatom entered the power grid of Russia

Continue reading

Agrees with Chinese Companies to Study the Wind Energy Potential of Vostok Oil Project

During the III Russian-Chinese Energy Business Forum, Vostok Oil (Rosneft Group Subsidiary) and a number of Chinese companies signed a cooperation agreement to conduct the study of the wind energy potential of Vostok Oil Project. The study precedes the start of the work to design, construct and commission a wind energy center with the estimated … Continue reading Agrees with Chinese Companies to Study the Wind Energy Potential of Vostok Oil Project

Continue reading

Russia has massive hydropower and wind energy potential

Wind power and hydropower are the renewable energy sources with the best chance of successful deployment in Russia, a new paper has suggested. The country has great potential for renewable energy generation thanks to the size of its territory and its climatic and terrain diversity. It also has swathes of unoccupied land that could be used … Continue reading Russia has massive hydropower and wind energy potential

Continue reading

Vestas supplies 253 MW in four wind power projects in Russia

Building on a framework agreement signed in 2017, Vestas has received an order totalling 253 MW for four separate wind farms in Russia from Wind Energy Development Fund (WEDF), a joint investment fund created by OOO Fortum Energy and RUSNANO. The projects, Novoalekseevskaya, Grazhdanskaya, Ivanovskaya, and Pokrovskaya, have all been developed by WEDF following the … Continue reading Vestas supplies 253 MW in four wind power projects in Russia

Continue reading

Fortum, Rusnano JV Gets Wind Power Deal in Russia

Finnish state-controlled utility company Fortum Oyj said Tuesday that its wind investment fund joint venture with Rusnano OJSC has been awarded a wind power generation deal in the latest Russian renewables auction. The fund was awarded an annual capacity supply agreement worth between 16.9 billion and 23.8 billion rubles ($230 million to $323.9 million) for … Continue reading Fortum, Rusnano JV Gets Wind Power Deal in Russia

Continue reading

Rosatom to start setting up wind power stations across Russia

The wind energy division of Russia’s energy giant Rosatom, NovaWind, is planning to construct wind power plants (WPPs) across Russia, TASS reported this week, citing a source in the company’s press service. “The current program for power supply agreements [under which the development of renewable energy sources is supported by the authorities] has been planned … Continue reading Rosatom to start setting up wind power stations across Russia

Continue reading

Enel Russia holds the solemn ceremony dedicated to the opening of its first wind farm Azovskaya 90 MW

Today the solemn ceremony dedicated to the opening of Enel Russia’s wind farm located in Azov, Rostov region, with installed capacity of 90 MW was held. The event was attended by Deputy Prime Minister of Russia Aleksander Novak, Governor of the Rostov region Vasiliy Golubev, Italian Ambassador to Russia Pasquale Terracciano, Enel Russia’s General Director … Continue reading Enel Russia holds the solemn ceremony dedicated to the opening of its first wind farm Azovskaya 90 MW

Continue reading

Enel Russia installs a 90 MW wind farm

Enel Russia has obtained the commercial rights to operate its first wind farm in Russia. The 90 MW project, Azovskaya WPP, will be located in Azov, within the Rostov region. The Administrator of the Trade System granted the notification that allows the sale of wind energy to the Russian wholesale electricity market as of May … Continue reading Enel Russia installs a 90 MW wind farm

Continue reading

New study of the Russian wind power market

New study of the Russian wind power market shows: Russia has made important progress, time to accelerate wind energy deployment   After the Paris agreement has entered into force, the world is moving towards climate neutrality. Many countries including China, the USA and the European Union, have officially declared their goal to reach climate neutrality in the … Continue reading New study of the Russian wind power market

Continue reading