... corresponding to the same period last year. The summer heat in Western Europe is increasing the load on power grids (massive air conditioning use), partially raising gas consumption at power plants. Simultaneously, sunny weather contributes to a high output of solar energy, which helps moderate demand for gas during peak generation hours. Stable liquefied natural gas (LNG) supplies and relatively weak industrial demand maintain balance in the market. Overall, European gas prices are currently significantly ...

... Hydroelectric Power Plants: The company directs funds towards updating equipment and improving the efficiency of existing hydroelectric stations, which enhances their productivity and extends their lifespan. Development of Renewable Energy Sources (RES): Solar and Wind Power Plants: RusHydro is investing in projects for the construction of solar and wind power plants, expanding its RES portfolio and supporting global trends towards a shift to clean energy. Geothermal Stations: The company is developing ...

... consumption reached a historic maximum of about 1.5 TW (1.5 billion kWh). Such high demand is associated with extreme heat and widespread use of air conditioning. However, approximately half of the increase in power generation in China was provided by solar power plants, and hydropower also increased generation compared to last year – this helped partially offset the demand surge and avoid major disruptions. In the U.S. , the rapid development of RES is already changing the structure of generation....

... Assets of the Company: Hydroelectric Power Plants (HPP): Krasnoyarsk HPP Bratsk HPP Ust-Ilimsk HPP Irkutsk HPP Ondsk HPP Bochum HPP (joint project with RusHydro) Thermal Power Plants (TPP): 16 TPPs located mainly in Irkutsk region and Krasnoyarsk Krai Solar Power Plant (SPP): Abakan SPP with a capacity of 5.2 MW Metallurgical Assets: 56.88% shares in Rusal, one of the largest aluminum producers in the world Main Areas of Investment: Hydropower Development: Modernization of HPPs: En+ is investing significantly ...

... times of high energy demand, such as the winter months. Investing in Renewable Energy and Energy Efficiency To address both immediate and long-term energy needs, European countries may accelerate investments in renewable energy sources, such as wind, solar, and hydroelectric power. Developing alternative energy sources would reduce dependency on LNG and other fossil fuels, while simultaneously strengthening Europe’s ability to achieve climate targets. Additionally, implementing widespread energy ...