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Publish date: October 8, 2004
News
The price-tag of the project is over $200m. The Finnish government will give the final answer to this investment offer not before 2005. The main stockholder of the United Energy Oy is the Russian company Baltenergo, which according to the Chief Counsellor of the Finnish Ministry of Trade and Industry Arto Rajala belongs to the Rosenergoatom concern and the Finnish company Kotkan Energia. The representatives of Kotkan Energia said they would not invest in the project itself but they could provide the infrastructure for the energy reception in Finland and its further transfer to the Scandinavian energy system.
The length of the cable is estimated about 150 km. The Finnish bureaucrats are not sure if this project is necessary. Arto Rajala said the biggest concerns are about the capacity of the Finnish energy system, which should additionally consume so much extra energy. It is not clear what consequences this project can cause to the Finnish and Scandinavian energy system as well as environment, Business St Petersburg reports.
Russian president Vladimir Putin has told the United Nations atomic energy watchdog that Russia plans to restart Ukraine’s embattled Zaporizhzhia nuclear plant, currently occupied by Russian troops and technicians, fueling worries about a serious nuclear accident on the front lines of a grinding military conflict.
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Recent attacks on Ukraine’s Zaporizhzhia nuclear power plant "mark the beginning of a new and gravely dangerous front of the war," the UN atomic agency's director general said last week.
After years of inaction, Germany is working on its Carbon Management Strategy to resolve how CCS can play a role in climate action in industry. At the end of February, the Federal Ministry for Economic Affairs and Climate Action published first key points and a proposal to amend the law Kohlenstoffdioxid Speicherungsgesetz (KSpG). Bellona Deutschland, who was actively involved in the previous stakeholder dialogue submitted a statement in the association hearing.