Baltpool: Biofuel Will Be 30% Cheaper in 2015-2016 Heating Season
(The Baltic Course) According to the energy resources exchange Baltpool, the price of biofuel for the upcoming heating season 2015-2016 when a long-term biofuel supply contract is signed is by one-third smaller now, compared to the previous season, reports LETA/ELTA. …
Biofuel price accounts for around 50% of the final heat price, therefore, the bills could be 10-15% smaller,” says Lithuanian Deputy Energy Minister Vidmantas Macevicius.
So far, six heat suppliers have made long-term biofuel supply contracts for the upcoming season. READ MORE