Over the first quarter of this year, Lithuania’s wind power plants produced 173.3 GWh of electricity. It accounts for 7 percent of all energy consumed in Lithuania, or nearly a quarter (23.6 percent) of total electricity produced in the country in Q1. […]
State-owned energy company group Lietuvos Energija (Lithuanian Energy) intends to merge electricity and gas distribution network operators, AB LESTO and AB Lietuvos Dujos (Lithuanian Gas). It is said that the synergy of the two companies will enable to increase the group’s efficiency, reduce operating costs and create additional benefits to electricity and natural gas consumers. […]
At 9.84 billion kilowatt hours (kWh), or 2.1 percent more than in 2013, electricity consumption in 2014 has been the highest since 2009. […]
Construction of the the high voltage power interconnection LitPol Link between Poland and Lithuania is progressing according to the planned timeline. […]
Nasdaq Commodities has welcomed Lietuvos Energijos Gamyba, the national electricity generation company which combines all electricity generation capacities controlled by the state of Lithuania, as a new market maker for the Latvian Electricity Price Area Differential, EPAD RIGA, contracts. […]
Residents of the western part of Lithuania will now be able to enjoy a more reliable supply of electricity thanks to the reconstructed transformer substation in Klaipėda which will also ensure more secure transmission of electricity. […]
In the first week of January the average electricity price in Nord Pool Spot power market Lithuanian trading zone went up and reached EUR 43.45 per megawatt hour, electricity transmission system operator Litgrid announced. […]
The construction of high voltage interconnections LitPol Link and NordBalt to connect Lithuania with Poland and Sweden is moving ahead: two thirds of NordBalt and half of LitPol Link works have been completed since last spring. LitPol Link and NordBalt will be put into operation after twelve months, at the end of 2015, Lithuanian electricity transmission system operator Litgrid said in a statement. […]
On 15-21 December, the average electricity price in Nord Pool Spot power market Lithuanian trading zone stood at LTL 0.154 (EUR 0.044) per kilowatt hour, or by 10 percent less than in the previous week. […]
The average electricity price in Nord Pool Spot power market Lithuanian trading zone was LTL 0.182 (EUR 0.053) per kilowatt hour on 24-30 November. Although electricity price increased in the last week of November, yet the average monthly price was the lowest since May. […]
In October the average electricity price in Nord Pool Spot power market Lithuania trading zone was LTL 0.186 (EUR 0.053) per kilowatt hour (kWh), 6.4 percent lower than in September. According to independent electricity supplier Energijos Tiekimas, year-on-year electricity price was 16 percent lower. […]
Decisions on building a new nuclear power plant in Visaginas, eastern Lithuania, are likely to be made sometime around 2018, the chief executive officer of the state-owned energy group Lietuvos Energija (Lithuanian Energy) says. […]
This Monday, Lithuania congratulated itself on finishing a seminal project in its energy independence policy and welcomed the floating liquefied natural gas terminal in the Baltic port of Klaipėda, from where it will open a second gas import line, an alternative to Russia’s gas giant Gazprom that had monopolized the Lithuanian gas market. […]
Construction of the LitPol Link power interconnection with Poland, one of Lithuania’s most important current energy projects, is rapidly pushing forward, with 45 percent of planned works now complete, Litgrid, the Lithuanian electricity transmission system operator, reports. […]
The European Union (EU) intends to provide financial support to the instruments that would ensure synchronization of Baltic electricity grids with Western European power networks after the current financial perspective expires in 2020, EU leaders said in conclusions approved at the summit in Brussels. […]
A newly-built high voltage power line between Klaipėda and Telšiai has been put into operation. It is the first 330 kV overhead power line built after the restoration of Lithuania’s independence. The power line will transmit electricity from Northern Europe to Lithuania when the NordBalt power link begins to operate, energy company Litgrid announced in a statement. […]
Lithuanian Energy Minister Rokas Masiulis says that electricity prices may go down next year following a cut in the public service obligation (PSO) budget. […]
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