Rokas Masiulis
Energy

Lithuanian energy minister admits decisions on Visaginas NPP too slow

Lithuanian Energy Minister Rokas Masiulis has admitted that talks with Latvia and Estonia on the multi-billion-euro project for building a new nuclear power plant in Visaginas are proceeding too slowly and called for patience, saying that it will take more than a year until a final decision on the project is made. […]

Energy

Lithuania’s power generation company becomes market maker

Nasdaq Commodities has welcomed Lietuvos Energijos Gamyba, the national electricity generation company which combines all electricity generation capacities controlled by the state of Lithuania, as a new market maker for the Latvian Electricity Price Area Differential, EPAD RIGA, contracts. […]

Daiva Matonienė
Energy

Lithuania may launch new shale gas tender in spring

The terms and conditions for a new tender for shale hydrocarbon exploration rights in Lithuania are to be drawn up by the end of January, taking into account changes in legal regulations and in the country’s geopolitical situation, Deputy Environment Minister Daiva Matonienė said on Friday. […]

No Picture
Energy

Hydroelectric power plants prevent electricity price hike in Lithuania

In the first week of January the average electricity price in Nord Pool Spot power market Lithuanian trading zone went up and reached EUR 43.45 per megawatt hour, electricity transmission system operator Litgrid announced. […]