The analysis shows that Lithuania’s electricity system will be able to meet the country’s electricity needs even under severe conditions of weather, emergencies or other circumstances. Up to 62 percent of the consumed electricity may be imported from the neighbouring countries this winter season, the company said in a statement.
“The adequacy analysis shows that Lithuania’s electricity system is capable of ensuring the supply of electricity under normal winter conditions in 2015. Although the capacity of the power transmission grid is sufficient to import even more than 60 percent of the country’s electricity demand, the electricity generated at local thermal power plants which supply the cities with heat in winter will also be consumed,” said Daivis Virbickas, CEO and chairman of the Board of Litgrid.
According to Litgrid’s estimation, the biggest demand of electricity in winter will total to 1,800 MW in the fourth week in January. The total installed capacity of Lithuania’s power plants is 4,300 MW. However, this potential is not fully used by the market as most Lithuanian power plants burn fossil fuel, such as gas and fuel oil, meaning that the electricity generated by these plants is much pricier than imported electricity. Nevertheless, these power plants play an important role in ensuring reserve capacities.
Lithuania relies on imports to meet 60-63 percent of its annual electricity demand. The Lithuanian energy system is linked with Latvia, Belarus and Russia via cross-border connections. The adequacy of the Lithuanian energy system is expected to further improve after new power interconnectors to Sweden and Poland are put in operation since 1 January of 2016.
On March 31 morning, Minister of National Defence Dovilė Šakalienė announced that an M88 armoured…
I admit it: I’m not that type of person who follows domestic and international politics…
While Prime Minister Gintautas Paluckas does not take issue with the statements made by the…
Lithuanian economists are surprised to see our country's economic growth: the Estonian economy has been…
"The fate of Nemuno Aušra (Dawn of Nemunas) in the coalition has been decided; they…
Airvolve, a Lithuanian dual-purpose aeronautics company, has successfully completed its first round of testing and…