IBM X-Force

Hackers seeking weak spots in Lithuania’s strategic systems

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. […]

LitPol Link

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"

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. […]


Stable prices in Lithuanian electricity market

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 […]


Lithuania’s energy regulator cuts electricity rates

Lithuania’s energy price regulators have released new rates of electricity for household users, cutting the price 5.4% on average. The new rates, set by the National Commission for Energy Control and Prices, will come into […]