Iceland
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Oil & Gas Equipment
Ukraine concludes long-lasting security handle Sweden and Norway
Ukrainian President Volodymyr Zelenskiy concluded longterm security agreements with Sweden and Norway on Friday, an indication of Western commitment to Ukraine as Kyiv looks for even more military assistance from the West in the war with Russia. Zelenskiy checked out Stockholm as Western countries discuss whether to let Kyiv utilize weapons supplied by them to strike targets inside Russia, which began its major intrusion over two years back is now assaulting Kharkiv in northeastern Ukraine. He said Ukraine's use of any Western weapon to strike Russian area was now just a question of time. The security deals with Sweden and
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Power Markets
Iceland to release spot power trading with help of Nord Pool exchange
Icelandic energy exchange Elma will comply with Norwaybased power bourse Nord Pool for the launch of the island nation's very first shortterm physical electricity trading market by 2025, the business stated on Wednesday. The new Elma power market will begin with day-ahead trading in late 2024 or early 2025, followed by intraday trading at a. late stage, the firms stated when signing the cooperation. arrangement. Running an organised power market for the very first time is a. big step forward for Iceland, Nord Pool CEO Tom Darell said in. a declaration. The move will benefit performance, openness, the. provision of