Saulius Skvernelis
Energy

PM seeks Germany’s support on power grid synchronization, Belarus’ N-plant

Lithuanian Prime Minister Saulius Skvernelis plans to focus on energy issues, such as the planned synchronization of the Baltic power transmission grids with the Western European system and the safety of the Astravyets nuclear power plant under construction in Belarus, during Thursday’s meeting with German Chancellor Angela Merkel in Berlin. […]

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. […]

CORPORATE

Re-launch of NordBalt cuts electricity prices

The price of electricity in Lithuania and Latvia last week fell 16% to €31.59 per MWh after the NordBalt maintenance works have been finished. Increased electricity imports from Estonia and Belarus also gave a positive […]

CORPORATE

Electricity prices drop in Lithuanian trade zone

The average price of electricity in Nord Pool Exchange Lithuanian trade zone stood at €31.8 per megawatt hour on July 11-17, a tenth lower than the previous week and a fifth lower than at the […]

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CORPORATE

Electricity prices to go down for Lithuanian households

Lithuanian households will be paying about 5.5% less for electricity as of July, says the state-run electricity and gas distribution company Energijos Skirstymo Operatorius (ESO). The company’s board have signed off on the new pricing […]