Rosatom
Defence

Rosatom sought foothold in Lithuania – declassified intelligence info

Russia’s nuclear energy giant Rosatom, which is building the Astravyets nuclear power plant in Belarus, had plans to gain a foothold in Lithuania, according to declassified material provided by the State Security Department to the parliament’s Committee on National Security and Defence. […]

Wind mill and the Lithuanian flag
Energy

Energy issues to be discussed at 6th Traditional and Renewable Energy Forum

Traditional and Renewable Energy Forum will be held for the sixth time in Vilnius on 26 April. Each year the event brings together energy sector leaders and is dedicated to provide a strategic energy outlook in the Baltic region, discuss the issues of regional cooperation, analyse changes taking place in the gas, electricity and renewable’s sector. […]

Žygimantas Vaičiūnas
Energy

Energmin sees some positive shift in Latvia’s stance on Belarus’ N-plant

Lithuanian Energy Minister Žygimantas Vaičiūnas says that an agreement has been reached with Latvia to appoint a group of experts to look at possible ways of blocking electricity from Belarus’ Astravyets nuclear power plant, which could signal a positive shift in the neighboring country’s more reserved position toward the facility under construction some 50 kilometers from Vilnius. […]

LitPol Link
Energy

Electricity consumption highest in a quarter of a century

In 2016, the final electricity consumption in Lithuania totalled 10.47 kilowatt hours (or 10.47 terawatt hours, TWh). A record growth in the consumption was observed last year: residents, businesses, agriculture and transport used 4.5% more electricity compared to 2015. The growth rate in agriculture was as high as 8.4%, service sector 5.7%, residents 4.3%, and transport sector 4%. The lowest year-on-year growth rate (3.5%) was recorded in the industrial sector, Litgrid press office reported. […]

Excursion to "Litgrid"
Energy

Electricity price drops by 13% due to NordBalt and LitPol Link

In 2016, the average price for electricity in the Lithuanian bidding area of Nord Pool was the lowest in the history of the exchange: EUR 36.5 per megawatt hour (MWh). The price was 13% lower compared to 2015 and 25% lower than in 2014 and 2013, LitGrid AB informed in its press release today. […]