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1. Electricity generation from waste | The Guardian 2. US electricity generation from renewable sources reaches new heights 3. How Solar Energy is Changing the Future of Electricity Generation 4. How Wind Energy is Revolutionizing Electricity Generation 5. Hydroelectricity: The Renewable Energy Source for Electricity Generation 6. Geothermal Energy as a Source of Electricity Generation 7. Wave Energy: Unlocking the Potential of Ocean Power for Electricity Generation 8. The Future of Electricity Generation: Nuclear Energy 9. Video: How electricity is generated in a power plant 10. The Benefits of Electricity Generation From Biomass
Between 2004 and 2021, before Russia’s invasion of Ukraine, the industrial price of energy tripled in nominal terms, or doubled relative to consumer prices. With almost identical population sizes, the UK has under 30 million homes, while France has around 37 million. 800,000 British families have second homes compared to 3.4 million French families. Per capita electricity generation in the UK […]
In comparing the GDP size of countries, I use the purchasing power parity (PPP) values, not current values for two reasons. One is that PPP adjusts prices of a comparable basket of commodities that reflect varying standards of living in various nations, each of which has its own currency. And two, PPP values are consistent […]
Solar power generation in Europe is set for a record year, if first-quarter solar output is anything to go by. Electricity generation from solar power farms jumped by 32% in January to March this year compared to the same period of 2024, according ...
Aligned by Prime Minister Narendra Modi’s energy vision since 2014, the nation is on track to meet its target of 50 per cent electricity generation from renewables by 2030, five years ahead of schedule. Get more India News and Business News on Zee Business.
Pakistani farmers fear widespread desertification and hunger as India threatens to cut off water supplies from the Indus River following a terrorist attack in Kashmir. India suspended the Indus Waters Treaty, raising concerns about irrigation for 80% of Pakistani farms and potentially crippling the nation's economy due to water shortages impacting agriculture and electricity generation.
AB “Ignitis grupė” publishes its First three months 2025 interim report, which is attached to this notice.Financial performanceOur Adjusted EBITDA for the first three months of 2025 amounted to EUR 188.5 million (+3.7% YoY). The growth was driven by the stronger performance of our two largest segments: Green Capacities and Networks. The Green Capacities segment remained the largest contributor with a 58.0% share of our total Adjusted EBITDA. In 3M 2025, our Investments amounted to EUR 146.5 million (-30.1% YoY). In total, around half (48.7%) of the Investments were made in the Green Capacities segment, mainly for new solar and onshore wind farms. With several projects reaching COD or nearing completion, total Investments decreased compared to 3M 2024. Our leverage metrics remained strong. The FFO LTM/Net Debt ratio remained robust with a 0.9 pp decrease to 28.8% (compared to 29.7% as of 31 December 2024).Business development Green Capacities: Portfolio increased to 8.4 GW (from 8.0 GW), Secured Capacity stands at 3.1 GW, Installed Capacity at 1.4 GW.Key milestones: – finished construction works at Kelmė WF I (114.1 MW) in Lithuania; COD reached after the reporting period; – acquired a hybrid development project (285 MW) in Lithuania, which includes a 200 MW WF, a 65 MW SF and a 20 MW (80 MWh) BESS (Advanced Development Pipeline);– acquired co-development wind farm projects (204 MW) in Estonia (Early Development Pipeline);– received the first segments for the new 840 m penstock at Kruonis PSHP expansion project (fifth unit, 110 MW).Networks: 3.5 EURb (+40%) Investments set in the 10-year (2024–2033) Investment Plan aligned with the regulator (NERC) on 23 January 2025; installed smart meters exceeded 1.1 million.Reserve Capacities: won a Polish capacity mechanism auction for ensuring 381 MW and 484 MW capacity availability in Q1 and Q4 2026.Customers & Solutions: 1,286 (+195 since 31 December 2024) EV charging points installed.SustainabilityOur Green Share of Generation amounted to 60.7% (-19.3 pp YoY) due to proportionally higher electricity generation in CCGT (Reserve Capacities). In 3M 2025, our total GHG emissions amounted to 1.43 million t CO2-eq (+22.8% YoY). Our Scope 2 emissions decreased by 4.5% YoY due to the use of renewable energy guarantees of origin for energy consumption at Kruonis PSHP. Scope 1 emissions increased by 103.6% YoY as a result of new services provided by Elektrėnai Complex, and Scope 3 emissions increased by 13.6% YoY due to higher electricity sales in Poland and an increase in overall gas sales.Carbon intensity (Scope 1 and 2) emissions amounted to 244 g CO2-eq/kWh (+20.9% YoY), primarily due to the new services provided by Elektrėnai complex. In 3M 2025, no fatal accidents were recorded. Employee TRIR stood at 1.41 (+0.29 since 31 December 2024) and contractor TRIR at 0.46 (-0.38 since 31 December 2024). Our eNPS remained stable at 65.1 (-0.4 YoY), and 27.7% of the top management positions were held by women, with no changes since 31 December 2024.Shareholder returns and 2025 outlook In line with our Dividend Policy, a dividend of EUR 0.663 per share, corresponding to EUR 48.0 million, was paid for H2 2024.We reiterate our full-year 2025 Adjusted EBITDA guidance of EUR 500–540 million, and Investments guidance of EUR 700–900 million.Key financial indicators (APM1)EUR, millions 3M 2025 3M 2024 Change Adjusted EBITDA 188.5181.73.7%Green Capacities 109.377.141.8%Networks 74.165.513.1%Reserve Capacities 17.420.0(13.0%)Customers & Solutions (14.2)17.4n/aOther activities and eliminations2 1.91.711.8%Adjusted EBITDA Margin 23.5%28.1%(4.6 pp)EBITDA 160.1188.9(15.2%)Adjusted EBIT138.4140.3(1.4%)Operating profit (EBIT)110.0147.5(25.4%)Adjusted Net Profit 107.8112.6(4.3%)Net profit 83.9118.7(29.3%)Investments 146.5209.5(30.1%)Green Capacities 71.4138.9(48.6%)Networks 65.563.72.8%Reserve Capacities 0.50.2150.0%Customers & Solutions 5.22.6100.0%Other activities and eliminations2 3.94.1(4.9%)FFO 149.2169.5(12.0%)FCF 16.75.0234.0%Adjusted ROE LTM11.3%14.2%(2.9 pp)ROE LTM10.0%14.2%(4.2 pp)Adjusted ROCE LTM8.9%11.1%(2.2 pp)ROCE LTM8.1%10.7%(2.6 pp)EPS 1.161.64(29.3%) 31 Mar 2025 31 Dec 2024 Change Net Debt 1,593.31,612.3(1.2%)Net Working Capital 97.5102.6(5.0%)Net Debt/Adjusted EBITDA LTM, times 2.983.05(2.3%)FFO LTM/Net Debt 28.8%29.7%(0.9 pp)1 All, except ‘Net profit’, are Alternative Performance Measures (APMs). Definitions and formulas of the financial indicators are available on our website. 2 ‘Other activities and eliminations’ includes consolidation adjustments, related-party transactions and financial results of the parent company. Earnings call In relation to the announcement of the First three months 2025 interim report and Strategic Plan 2025–2028, an earnings call for investors and analysts will be held on Wednesday, 14 May 2025, at 1:00 pm Vilnius / 11:00 am London time. To join the earnings call, please register at: https://edge.media-server.com/mmc/go/Ignitis3M2025resultsandStrategicPlan2025-2028It will be also possible to join the earnings call by phone. To access the dial-in details, please register here. After completing the registration, you will receive dial-in details on screen and via email. You will be able to dial in using the provided numbers and a unique pin or by selecting ‘Call me’ option and providing your phone details for the system to connect you automatically as the earnings call starts. All questions of interest can be directed to the Group’s Investor Relations team in advance, after registration or live during the earnings call. Presentation slides will be available for download prior the call at:https://ignitisgrupe.lt/en/reports-presentations-and-fact-sheetsThe First three months 2025 interim report, fact sheet (in Excel) and other published documents will be available for download at:https://ignitisgrupe.lt/en/reports-presentations-and-fact-sheets Strategic Plan 2025–2028 will be available for download at:https://ignitisgrupe.lt/en/about-us/strategyFor additional information, please contact: CommunicationsValdas Lopeta+370 621 77993valdas.lopeta@ignitis.ltInvestor RelationsAinė Riffel-Grinkevičienė+370 643 14925aine.riffel-grinkeviciene@ignitis.lt Attachment First three months 2025 interim report