CORPORATE
Klaipėda CHP plant generates record amount of power
Fortum Klaipėda heat and power plant, which runs on waste and biofuel, produced a record 416GWh of heat and 143GWh of electricity during 2015. […]
Electricity
Economy
France’s Veolia may exit Lithuanian market
France‘s Veolia, which owns energy companies Vilniaus Energija and Litesko in Lithuania, is set to announce its plans regarding its Lithuanian assets. Sources say the French company might be leaving the Lithuanian market. […]
Energy
Energy
Spike in electricity prices forces activation of Elektrėnai power plant
Electricity shortages and a sharply increased electricity price on Monday forced the grid operator to turn on the combined cycle gas generating unit at Elektrėnai power plant. […]
Economy
ESO starts trading shares on Nasdaq Vilnius
Electricity supply and natural gas distribution company Energijos Skirstymo Operatorius (ESO), the new company that was formed by merging the state-owned companies Lesto and Lietuvos dujos, started trading its shares on the stock exchange of Nasdaq Vilnius on Monday. […]
Energy
Electricity consumers in western Lithuania to test NordBalt link
In late November, 24,000 Lithuanian consumers will receive electricity from Sweden for the first time. During a half an hour special test when the Lithuanian electricity system operator Litgrid is planning to verify the NordBalt black-start feature, the residents in Klaipėda and Šilutė districts will be provided with electricity from a single source – the Lithuanian and Swedish interconnector NordBalt, Litgrid reports. […]
Energy
Energy
Wind power production growing in Lithuania
Over the first nine months of this year, wind power plants in Lithuania produced 511GWh of electricity, up by 13.2 percent compared to the same period last year. Overall, electricity production grew 10 percent in Lithuania. […]
Energy
70th Anniversary of Lithuanian power system
Exactly 70 years ago in October, 1945, the Lithuanian power system was put into operation. The operation of generators at the Kaunas and Vilnius power plants was synchronized after a power line connecting the power plants had been installed, and the balance between power generation and consumption was maintained by the central system control centre. […]
Energy
NordBalt to provide more energy security for 6m people in Baltics
Two months remain until the completion of the biggest joint Swedish and Lithuanian project NordBalt. In December the electricity produced in Scandinavia will be transmitted directly to Lithuania for the first time in history. King Carl XVI Gustaf and Queen Silvia of Sweden along with the President of Lithuania Dalia Grybauskaitė evaluated the NordBalt implementation progress while visiting the construction site of the NordBalt high voltage direct current (HVDC) converter station in Klaipėda. […]
Energy
Elektrėnai Power Plant ups production due to electricity price hike
Combined cycle unit of Elektrėnai Power Plant increased electricity generation due to significant price hike in the Nord Pool Spot power market. Thursday afternoon the unit was generating electricity at 420 MW capacity, thus ensuring the security of electricity supply. For comparison, almost the whole time since mid-April the unit was operating at the minimum capacity of around 235 MW. […]
Energy
Lithuanian PM: Russia demanding damages from Baltics for leaving BRELL only ‘interpretation’
Lithuania is moving from the post-Soviet to European electricity transmission system and Prime Minister Algirdas Butkevičius says claims that Russia and Belarus will incur damages as a result are nothing but “interpretations”. The prime minister says Lithuania is not considering paying compensations to Russia and Belarus under the so-called BRELL treaty. […]
Energy
Lithuania might have to pay billions for quitting Soviet energy system
As Lithuania is approaching its goal of separating from the electricity network extending across the former Soviet Union and fully integrating itself into the energy system of Western Europe, Moscow might claim multi-billion-euro damages that Vilnius could be liable to pay based on a treaty signed 14 years ago. […]
Energy
NordBalt cable lying safe on bottom of Baltic Sea
All cable-related works on the NordBalt power interconnection have been completed in the Baltic Sea. The 400km submarine cable connecting Lithuania and Sweden has been protected from vessel anchors and fishing equipment along its most vulnerable sections. […]
Economy
Uncategorized
Energy
NordBalt cable laying works in Baltic Sea finished
The Topaz Installer cable laying vessel has finished her work. In just a year and two months, with short interruptions, she laid 400 kilometres of NordBalt cable onto the bottom of the Baltic Sea. 90 percent of the link construction works have already been completed, reports energy company Litgrid. […]
Energy
Energy
Energy