Tag: Inter RAO
Europe’s largest nuclear reactor is launched 14 years behind schedule
Regular production at Olkiluoto 3 was delayed for several years due to legal and technical setbacks The Olkiluoto 3 (OL3) nuclear reactor in southwestern Finland has started electricity production, the head of the plant’s operator Teollisuuden Voima (TVO) said in a statement on Sunday. After a long test phase at the facility in Euraåminne, regular…
The Russian energy company considers restarting the sale of electricity to Finland possible, the Finnish Ministry disagrees
The Russian economic newspaper has reported that the export of electricity to the EU has been included in the energy system development program for the years 2023-2028 based on the figures of the state company Inter RAO.
The new ban can significantly slow down Fortum’s withdrawal from Russia
President of Russia Vladimir Putin signed a declaration last Friday that can prevent the sale of Finnish energy company Fortum’s Russian operations for a long time. The decree prohibits communities "unfriendly countries" trading in shares of companies operating in the Russian financial or energy sector. In practice, it temporarily prevents the sale of companies Jaana…
Paper: Putin’s order prevents the sale of Fortum’s Russian operations
Russia has frozen the sale of Finnish energy company Fortum’s operations in Russia, says a report Russian business newspaper Kommersant. Kommersant’s unnamed sources told the publication that Russian authorities made a decision last month to freeze the sale of Fortum. Fortum’s majority owner is the Finnish state. A similar decision was also made regarding the…
Paper: Fortum will sell its Russian operations by July
Finland’s largest energy company, the state-owned Fortum, will sell its operations in Russia by the beginning of July, according to a Russian business newspaper. Kommersant. The magazine said on Tuesday, citing sources, that Fortum will accept buyers’ offers until June 21st. Large Russian companies such as Gazprom, a state-owned multinational energy company, and Inter RAO,…
Ukraine: The Russians withdraw from Kharkiv, Batter East
KYIV, UKRAINE – Russian troops withdrew from Ukraine’s second largest city after bombing it for several weeks, the Ukrainian military said on Saturday as Kyiv and Moscow forces engaged in a fierce battle for the country’s eastern industrial heart. The Ukrainian military said Russian forces were withdrawing from the northeastern city of Kharkiv, focusing on…
Russia stops supplying electricity to Finland
The suspension of power exports to the Nordic state comes after almost 10 days of non-payment The electricity supply from Russia to Finland was stopped on Saturday, RAO Nordic said in a statement and explained that it had not received any payment for electricity supplied to the country in May. “Unfortunately, we have to note…
Russia cuts off electricity from Finland; the industry group sees a NATO link
The Russian state-owned company RAO Nordic cut off all electricity exports to Finland at the beginning of Saturday. Russian electricity is no longer coming to Finland, as the Finnish state-owned electricity company Fortum had already suspended the import of electricity to Imatra at the eastern border. The state grid company Fingrid had also restricted the…