Rokas Masiulis, the Head of the electricity transmission operator Litgrid, was one of the energy experts who, at the outbreak of the war in Ukraine, calmly and even optimistically looked to the future: Lithuania would […]
With the wind picking up and the sun shining, Lithuania’s electricity production exceeded final consumption for one hour on the 3 July afternoon, according to data from Litgrid, the operator of Lithuania’s electricity transmission system, […]
Although work in the energy sector is not yet complete and electricity prices are at record highs, we will certainly not have to sit by candlelight. The LNG terminal Independence has solved the gas supply […]
It has been announced that on November 7, Lukashenko will officially open Astravyets Nuclear power Plant. Of course, such news is cause for grave concern because Belarus’ own energy experts report that the Belarussian electrical […]
Wind power production in Lithuania soared by 40 percent in the first half of 2017 year-on-year to 633 gigawatt-hours (GWh), accounting for half of the country’s total electricity output during the six months. […]
Lithuanian officials say that hackers constantly search for seek spots in systems of strategic importance, therefore, executives of companies and institutions should pay more attention to cyber security, top executives of relevant institutions told BNS in comment of a Reuters report about hacker attempts to penetrate with Baltic electricity networks. […]
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. […]
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. […]
The Latvian government supports the Lithuanian position to demand the highest security standards at the Astravyets nuclear power plant under construction in Belarus, however, does not consider any laws to restrict electricity imports from the utility, says Latvia‘s Foreign Minister Edgars Rinkēvičs. […]
Talks on synchronization of the Baltic and Polish power grids can be spurred by the decision not to buy electricity from unsafe power plants, says Lithuania’s Foreign Minister Linas Linkevičius. […]
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. […]
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 […]
Electricity interconnection with Sweden, NordBalt, has been relaunched after repairs that took 11 days to complete. NordBalt disconnected on July 26. The initial tests showed that a discharge at the reactor hall has broken one […]
With a decline of electricity flows through NordBalt by almost 60% and growing prices in neighbouring countries, electricity price in Lithuania has gone up by a quarter, Elektrum Lietuva reports. Last week, the average electricity […]
During the first six months of 2016, electricity production in wind farms in Lithuania increased by 53.5% compared to the same period last year, and is 70% above what it was in 2014, shows Litgrid […]
Last week, the average price of electricity in Nord Pool Exchange Lithuanian trade zone remained almost unchanged compared to the previous week and was €32.3 per megawatt-hour. The price has fallen by a quarter if […]
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 […]
Lithuania’s electricity prices are falling fast with rising electricity producer competition in the Baltic region.
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The price of electricity in he Nord Pool exchange, Lithuania‘s price zone, hit a record high of 6.41 euro cents/kWh on June 22. It is the largest one-day average price of electricity since the NordBalt […]
The EU needs to invest in the electricity sector if EU targets to reduce emissions and boost growth are to be met, according to the president of European electricity industry association, Eurelectric, Antonio Mexia, who […]
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