MNI China Daily Summary: Thursday, July 4

MNI BRIEF: China Has Four Months To Negotiate EU EV Agreement

RPT-MNI INTERVIEW: ISM Choppiness Not A Clear Signal For Worry

MNI: PBOC Net Drains CNY98 Bln Via OMO Thurs; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1305 Thurs; -0.79% Y/Y

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

Factory Orders Decline as Non-EU Orders Dip

DMP survey increases probability of August cut

MNI: UK JUNE CONSTRUCTION PMI 52.2 (FCST: 54.0); MAY 54.7

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Latvian TSO to Upgrade Grid as Capacity Reservations Reach 6GW

POWER
Homepagemarkets-real-timeBullet

Latvian TSO AST will invest around €444.8mn by 2034 in the development of its power network as capacity reservations are currently at 6GW, with 44 renewable projects to be connected in the next 3 years, it said.

  • €82.12mn will be co-financed by European Union funds, according to the draft development plan submitted to the Public Services Regulatory Commission.
  • Additionally, around 80MW, or 160MWh, of battery storage system are currently being built by substation.
71 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Latvian TSO AST will invest around €444.8mn by 2034 in the development of its power network as capacity reservations are currently at 6GW, with 44 renewable projects to be connected in the next 3 years, it said.

  • €82.12mn will be co-financed by European Union funds, according to the draft development plan submitted to the Public Services Regulatory Commission.
  • Additionally, around 80MW, or 160MWh, of battery storage system are currently being built by substation.