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Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
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Company briefs

Dec 18, 2013

A 120-meter tall wind turbine will soon be completed in Saaremaa, providing power for the residents next summer, reports ETV. The turbine has blades 116 meters in diameter, and will supply energy to half of the island. Oleg Sonajalg, head of AS Eleon which will operate the turbine, said that the technical solutions behind the project where developed in Estonia. According to Sonajalg, along with six smaller turbines on the island’s Sorve peninsula, the turbines could power the entire island in summer if wind conditions are agreeable, with the new turbine generating the same amount of power as the other six combined.

German concern PPS Pipeline Systems GmbH, which won a tender for engineering, procurement and construction work on the Liquid Natural Gas (LNG) terminal, received the construction certificate to start construction of the accounting station, reports ELTA. This is one of the most important and one of the most complex parts of the LNG terminal. “We received one of the most important certificates of the construction of the pipeline project. At the moment, the work for preparation of the territory is taking place,” said PPS project director Mindaugas Zakaras.

On Dec. 13, the EU Council adopted a regulation on Union support for nuclear decommissioning assistance programs in Bulgaria, Lithuania and Slovakia, reports ELTA. The new regulation will extend EU financial support given to these countries to complete the decommissioning of their nuclear power plants; 293 million euros will be allocated for Kozloduy, 450 million euros for Ignalina, and 225 million euros for Bohunice. “This decision shows that it is recognized that the obligation included in the Accession Treaty to provide EU financial assistance for the decommissioning of the Visaginas NPP is continued and will be continued,” said Lithuanian Minister of Energy Jaroslav Neverovich. On Nov. 12, these regulations were approved by the European Parliament.

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