(IN BRIEF) Vaisala’s Xweather Optimize enhances the accuracy of weather forecasts for district heating providers, leading to savings of up to €300,000 annually. By improving forecast accuracy, district heating operators can optimize energy production and distribution, reduce operational costs, and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged cost savings, district heating, district heating networks, energy efficiency, energy savings, energy trading, Finland, Fortum, Machine Learning, sustainability, Vaisala, weather forecasts, weather sensor network, Xweather Optimize
(IN BRIEF) The European Investment Bank (EIB) Group has committed over €450 million to support Ukraine’s energy infrastructure ahead of the upcoming winter, including funding for the reconstruction of hydropower plants, electricity grid repairs, and district heating network restoration. Additionally, … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Government, Infrastructure & Utilities, Investment, Luxembourg, Ukraine
Tagged anti-drone shelters, BNP Paribas Group, Brussels, Business Support, Citibank Ukraine, district heating networks, economic resilience, EIB Group, EIB Group President, EIB guarantees, EIF, electricity grid infrastructure, energy system resilience, EU companies, EU foreign ministers, EU-Ukraine trade, EU4Business Guarantee Facility, European Investment Bank, European Investment Fund, export-credit guarantee, Foreign Affairs Council, hryvnia, hydropower plants, InvestEU programme, loans, local-currency lending, MSMEs, Nadia Calviño, partial portfolio guarantees, revolving credit facility, Russian attacks, Sergii Marchenko, UKRAINE, Ukrainian banks, Ukrainian businesses, Ukrainian energy infrastructure, Ukrenergo, UKRSIBBANK, winter support, €300 million, €450 million
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